STEEMIT MODEL Flawed? Too Ingressive? YES or NO?

IS Steemit is a wolf in a sheeps clothing? Does It promotes competition, not co-operation, that results in SHARKISM, GREEDISM and ONE-UPISM skewing the Rich Steem supporters influence over other Steem users sucking up their time and resources. Steemit model is not different than Youtube and Facebook benefitting the top 1% SHARKISTs.

Though Steemit is similar to Reddit , does it hides behind the cloak of decentralized, censorship resistant aura? Does it not censor those who are new on the platform because of the fact of first mover advantage and with no incentive of a colluded SHARKISM. Their monetary reward system is rigged as any election in a corrupt invironment or a country.

Time for people to get out of Steemit and go somewhere else? Share your thoughts, concerns, and ideas.