So you're saying Steems not in trouble. I think you should make that more clear.
My main issue with Steemit is similar to your own although I don't like that it's so easy to censor someone into oblivion. In many ways it's more of a potential problem than it is on something completely centralised as Youtube.
For me some simple rule changes would make this a lot less serious, like not allowing one whale to be able to flag someone and overppower dozens of others.
RE: Why @Ned Is Killing Steemit