Always respect your videos, and I have no problem with the whales being able to have such impact. That's how the real world works, except here the rich whales will often talk to and help newcomers and not act snobbish or above them. If someone invests 1,000,000 in a company they have a larger share in the company and should have more say. The same could also be said of twitter and Facebook, but being first often gives you a great advantage. If whales start treating users without respect or the user base can't be scaled larger because too much content comes in to weed out, the. I could see it failing. If new users have success that try and are making good content, we all win. Limiting the number of posts you can make until you achieve certain levels of steem power should be implemented. When people can only make 3 posts total per day until they reach 100 steem power they might think about creating better content than the meme they just created. The flagging system should have a reward for it as well in some way. Steemit is unique so I hope it stays for the long run.