Let's just admit Steemit is an esoteric game to rape the reward pool and cash out before the price of Steem goes back to five cents.
Over 90% of the rewards pool is vote traded and promotes garbage that no one wants to see.
The “real” content it is vastly overpriced... If a post objectively worth $20 gets $400 in rewards that is just as bad as a garbage post worth $0 getting $380 in rewards.
Likely the solution is to go to a tipping system in lieu of the reward pool.
In the meantime expect Steem to underperform the cryptomarket. If we get our act together there will be a great opportunity to pick up the pieces.
Cautious investing to all
