That's not what decentralization means.
That is what folks keep saying. Try to get a spot in the top 20 if you are not in the V.22.2 Cabal's witness voting circle jerk. Try getting something approved in HIVE's SPS without the V.22.2 Cabal's approval. The HIVE/STEEM governance have been flawed from conception and there has been no effort to change that in any meaningful way. Not only does a small minority hold the majority of stake on both chains but the rewards go primarily to the same jerking circle.
P.S. USD is a fiat currency so there is little comparison to crypto.
That is actually exactly the point of the DPoS system. I am thinking about a system that doesn't work that way, but Hive would literally not work without this, and honestly there is no superwhale anymore as there used to be. The superwhale on Steem is now using that power to drain the network by the way, because that stake is enough to have all top spots. on Hive, no one has enough stake to do that, people have to work together to earn those spots.
Guess you don't know about the witness voting circle jerk that really retains the power on, previously, STEEM and then HIVE once the Cabal was threatened by Steemit Inc.'s stake. They did not seem to have any problems with it until that threat was made more evident. Anyhow think what you wish. Both projects are fails in my opinion.
I know about that. We cannot solve that on Steem or Hive by design. Remember it's a Proof of Stake coin at heart.