The owners of steemit inc own the steem blockchain - yes, it is unhealthy. All HFs come from steemit inc and are voted on by the witnesses - the conflict of interest is blatant. Few seem to gather the relevance.
The decentralisation is going to APPEAR to happen via the decentralisation of ownership to multiple accounts which will cost 1 steem each to set up. With a flatter rewards calculation, the holding of SP in one account loses its commercial leverage. Hence, if you see the massive number of recent new accounts, you will soon see the delegation or transfer of power being decentralised but actually ... not decentralised at all.
Were there a one account per person protocol (normal in social media as we are each one person), we would have a better, healthier platform.
The fact that whales have been profiteering off other people's content has been exposed. The HFs seem to be seeking to disguise this sad truth and they seem intent on enjoying this usury for as long as they can.
The really sad thing is that were these paragons of virtue able to see that were there to be REAL decentralisation, their 100,000 SP, if reduced to say 30,000 SP with a concurrent influx of subscribers to say 50,000 from the current +/- 2,500, their account value would be about 5 times what it currently is (i.e. a 15 times multiple steem value).
When you wear blinkers and choose not to see, 'wilful ignorance' is the term which should be applied!