While this platform by it's very nature is founded by greed it is the community that gives Steem it's value. Without creators there is no way in hell this Alt Coin would be anywhere near it's value. This excessive greed will cause creators to leave and the value will drop. The quality control efforts of the whales are meaningless if they themselves do the exact same thing. How fair it that someones 5 minute post is upvoted to hundreds of dollars?

Steemit's platform is an example of what happens in every capitalistic society when there is no control over the distribution of wealth based on merit.