I think it means that as a plutocracy, steemit gives users as much power as the amount of steem they possess. I guess it's a way of rewarding the commitment to the community. I'm ok with it for now but can see it being taken advantage of if some big players decide to buy millions of steem and convert it to steempower. All of the sudden we'll be powerless... or something like that.
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Yeah, but I think there should be a correlation of Steem Power and Reputation. Reputation proves your commitment and power is the reward. If you have a lot of power due to purchasing, but haven't committed the community, it should be less worth it.
I don't know if that made sense.