I certainly do understand your point of view and yes it does favour the early comers on the steem blockchain. A month ago I attended a seminar at Ikeja-lagos and @tojukaka was discussing about POS - proof of stake as a punishment for those that will come in later to the blockchain. This is because as time goes, changes are made and the stakes become higher making it harder for newcomers to gain from the platform. I cannot argue with this fact cause, to me, it seems like the natural way of the blockchain. Changes ought to occur.

Then came the smt initiative with plan to Change this natural way of things, I call it the Armageddon, but unlike the overall destruction it will bring, it just nourifies the system instead. Its more like saying "hey this is the steem blockchain, its for entrepreneurs and content creators alike" there's space for both of them.

So I slightly disagree with you. Although entrepreneurs will have the upper hand. The change smt will bring will be productive and we should support it...
Entrepreneurs and content creators alike being able to co-exist and be productive on a more better scale.

I mean, who likes a $1 on his post?