DPOS is a positive feedback loop (oligarchy + sycophancy- i.e not merit).

This is illustrated by the wealth movements (or lack of).
It's not new - it's since the early steem days.

ALL postive feedback loops are unstable mechanisms with a wealth transfer upwards.(in economic terms).

...it's not ideological, it's mathematical. It's a dynamic seen throughout all of a nature.

Negative feedback loops lead to stability, and to merit based success.
It's a dynamic seen throughout all of a nature.

Word salads may give the illusion to the masses, of a pig looking like Marilyn Monroe,but the make up has to come off at some point.