There is another huge problem with downvotes. Because of downvotes there is no controversial discussion possible on steemit!! On facebook all the likes and dislikes will influence the ranking of the post. This will lead to huge and healthy discussions about controversial topics. So maybe we can allow downvotes, but the vote of like and dislike should be combined when it comes to ranking. Anyways the real problem is that the people with the most money have the most influence here. Like in a Central-Banking-System. The Top 20 witnesses should represent the community. All votes for witnesses should be equal of worth!!!
RE: Why is the Steem Price Low? How Do We Fix It?