They can't see that they are becoming the people that they originally critiqued. Apparently having power to abuse the system is simply too tempting for certain individuals. And they cover it up under the guise of "helping the new guys out." They aren't helping anyone but themselves.

These vultures don't care about the future. They're just waiting for people to give up and give in to their system. They're proud of their accomplishments even though they are slowly killing the ecosystem.

Well, hopefully Steem can go down in history as a mistake that people can learn from. The Steem Establishment could learn from it too, but they're raking in too much imaginary money to really care.