I completely agree... look at China... for so long they really only had the two classes, the divide between the rich and poor was absolutely massive.... for the last 20 years though they've had an absolutely thriving middle class and not only has the Chinese economy absolutely thrived because of this, but the world's economy (especially in real estate and education) has all benefited from this.
I'm just a redfish/minnow myself, but I'm working on the @thefreshfive project that is working on new user retention... making sure new users to the platform feel heard and welcomed. If anyone would like to delegate SP to @thefreshfive you can be sure it's going to a good cause that helps the platform as a whole.
Thanks!
Your analogy to china is wonderful and accurate @aussieninja.
One of the attack on the crypto market is most of the coins are in the hands of only a few wallets. That makes a lot of sense when you think about it since the early adopters got in at lower prices (and risk I might add) which enabled them to add a large amount. The question is does a token have the ability to be spread to more people over time.
I believe one of the advantages to STEEM is that, through the reward system, tokens are generated and given out to all people who participate. Yes the Whales still get a lot...however, the entire minnow class is getting more and more each day.