I couldn't agree more with your general idea that steemit seems to favor whales over small players, and the same as you, I'm not going to lose faith on this "experiment" this early on.

I hope that the people in charge of steemit read your post and take a stand on this issue.

In the current situation, there isn't a balance between SP and voting power. of course people with more SP should have more voting power, but this power shouldn't be concentrated among the top whales.