Steem as a blockchain is indeed more decentralized compared to Steemit the company and website. Steemit, as a company and site, may be subject to laws that steem (as an impersonal blockchain database distributed all over the world) isn't.
RE: The first phase of the Steem FAQ and Wikee: Consolidation of Knowledge
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The first phase of the Steem FAQ and Wikee: Consolidation of Knowledge