That's the thing which seems to get forgotten here: every recent HF has penalized the "freedom" of larger stakeholders.
While I agree with some improvements in spirit, they all were an investment deterrent. As if inflation alone, not even to mention the premine, weren't enough deterrents yet to attract more traditional, long-term investors. Not wild wild west cowboys... investors who do not look at any return in first 2-3 years.
They are trying to cator to content creators since they are the ones with the loudest voice. Yet they want to be paid out for their work without having to buy-in. That is an unsustainable ecosystem unless they were to back steem rewards with advertising revenue they are generating... that would be a great idea if they would do that actually.