Default trust doesn't give anyone on it an "advantage" its a huge responsibility. Being on the default trust list means you give others appropriate feedback, it doesnt mean that you are without a doubt trustworthy. How trustworthy someone is should be a huge consideration when adding someone to the default trust list, but its about who you can trust to leave accurate feedback for others.
If I add someone to my trust list who is a jackwagon, its my responsibility. That sure is a pretty good motivator not to mess up the default trust list. If I add someone to my trust list who I don't have complete faith in, and they add someone who is a jerk, once again I'm held responsible. I'm not going to stake my own reputation so a friend of a friend of a friend can go on a perceived power trip. They get cut, and the system corrects itself.
If you want a system without default trust, all you have to do is look at "untrusted" and "trusted" feedback with the same weight. I don't give trusted feedback any weight unless its from personally someone I trust. If I see Badbear is trusted by Dingus, Doofus, and Dingleoid and I dont trust them even though they are on the default trust list, I dont value their feedback anymore than untrusted feedback. If Badbear is trusted by someone I trust default trustlist or not, that carries the most amount of weight.
What is your take about the situation described in the OP ? Mabsark is trusted by the DefaultTrust member CanaryInTheMine. Do u think any of the following acts done by Mabsark is correct ?
1. Leaving -ve feedback on businesses that has not scammed anyone, but competing a company, where he is a shareholder.
2. Leaving -ve trust on people talking against HaveLock, because he is a shareholder over there.
3. Did not leave -ve trust on Hashie, though they were doing everything same the others are accused of, except that they started to resell the hash power of a company, where he is a shareholder.
I'd rather not involve myself. What I can add constructively though, is if people think that what Mabsark has done is wrong, and Mabsark is not willing to change their feedback, you then ask CanaryInTheMine to reconsider their trust of Mabsark's. If Mabsark can't be trusted to give accurate feedback, the pressure is then on CanaryInTheMine to decide whether they want Mabsark's actions to represent them.