It is not just HF21 that discourages me, I have lost faith in Steem a while back and HF21/22 is just another thing that makes me think that this place is not worth my time anymore.

As far as the powerdown is concerned, I feel that I might as well turn the little Steem I've got into Bitcoin because that is a safer store of value. I have been really faithful to this place and I get very little support in return.

People say to me oh but you can't confuse Steem and Steemit, which to me is like saying you can't confuse the iphone with Apple. Everything Steemit does effects Steem, and unfortunately most of the stuff they do effects it in a negative way.

The two main things I think have destroyed Steemit are firstly a complete lack of any kind of marketing. You can have the greatest product in the world, but if you don't tell anyone about it, then you will not sell very much.

Then there are the bidbots, they make sure that even with a low price there are a high amount of votes going to a low amount of low quality posts, this does two things. It stops the natural order whereby less people posting increases the share to individual posters, which is what happened in the days before these things.

Next they hamper content getting onto trending by the natural laws of popularity...

I think HF21/22 is simply designed to help the whales make more money. They talk about "investors" as if voters are the only part of the equation. I have seen various posts by people in and around Steemit inc which completely discount the effort it takes to post a well thought out article.

They talk as if voting is the be all and end all, which of course for them it is. As long as there is something to vote on, they are happy.

Lastly I think to myself, why should I be a bag holder, allowing these people to get rich while I slowly go poor (in Steem)?

I will still come here and probably post now and again, however I can't see myself putting much effort into Steemit anymore as it seems that effort goes to enriching greedy whales and bot owners.

This is one huge circle jerk that I no longer want to be a part of.

Cg