Sort:  

Flag wars have lead to so many great steemian authors leaving the platform. If it starts again then more people will be selling steem than buying. The price will go down.

Who got run off the platform last time?

Me for one. I see you've only been here since Jan 17 so you never even got to read some of the great post by folks who are not here anymore.

he can if he wants to, I've dug through past materials, even as far back as when people were getting 15k payouts on posts :D I agree flag wars are bs, but flags are necessary, they are the only tool for moderation, the sad part is people are using that to claim stake from time to time, it should be the idea, but they don't really do it justly(without personal ties) that's why we get flag wars, people don't moderate themselves.

So what gives anyone the right to overturn rewards based on their personal feeling someone's post doesn't deserve the payout. 1 whale downvote can cancel out hundreds of other users upvotes.

yes and one whale upvote can do the same, the Power does give the right, he is the holder he can use it. Whales are whales, there was a whale experiment where whales were flagging whales to get the distribution more in favor of the smaller accounts. I'm not sure if it's still ongoing. Probably not. But whales have the most stake in the platform, so they should be working towards what is best for everybody since their stake will be worth less if they abuse it.

Actually from what I've seen, the power seems to be balanced toward the flag. The same whale upvoting doesn't seem to have the same reward gain on upvote compared to the reward drop on a flag.