100% right @droucil, the stake strength is off course also not safe and especially a 'power to the rich' thing. If e.g. here on Steem, the Steemit account - who has 35% of shares - makes 20 witness votes, that will be the top 20 witnesses i guess.
You could argue that share holders are not interested in destroying their own wealth but a witness majority could theoretically e.g. change the rules to give even more power to themselves.
Decentralisation ain't easy :-)
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@Dan not too long ago made an article about the need for identity in order for good governance, link. I think he makes a valid point as it would make the possibility for a true democratic model. One could argue that anonymity is more important, but I do believe this full transparency might cause for a real game changer.
Yes, i have read that article, it was nice to see that @Dan still cares about his older children. He is right but i would miss to have a 2nd anonymous account, curious if something like that will happen.
Oops, i just noticed i was not following you yet after all these nice chats :-) I see you everywhere around lately, looking into the 'Arise is a scam' thing.