Steemit has grown tremendously since the course of its inception, gaining rapid popularity among the entire world's population. I've seen new communities and friendships blossom in this space, as well as my fair share of negatives. One thing I've noticed since joining Steemit is the inequality of distribution.
Currently, the system favors those that initially invested thousands of dollars or have thousands of followers. This is great for those individuals who can then continue to milk the system, however all good things must come to an end.
This site relies on new users investing money into Steem in order for the price of Steem to increase, whether that's through actual fiat or additions such as SMT's. The platform needs new users in order to increase the demand of Steem. However, more and more new users are seeing that their hard earned posts are going to waste in favor of having the top users of this site hoard all the steem.
For example, those with the highest amount of Steem are gaining so many Steem daily just from the interest they're getting. New users spend months trying to even become noticed on this platform.
Steemit will not survive when users see that only the top 1% are getting rewards for posting sub par content. We need to invert the system so that it favors new users in the beginning so that they don't become discouraged and quit. While Steemit may have gained hundreds of thousands of new users, user retention has still been relatively low.
Steemit needs to adapt, or ultimately end up dying. There needs to be more equality on this platform, or at least a better way for new users to be seen and appreciated. In the grand Steem ecosystem, the system relied on having dolphins, whales, etc (those with high amounts of Steem Power) to actually manually curate good content by users (including new users!) however, with the introduction of voting bots - Steemit has become like the real outside world - controlled by greed. Most (not all) of high SP holders just sell their votes to voting bots in order to gain money.
It makes Steemit a place that isn't so much about sharing ideas and manually curating them, but just another money maker.