Exactly. This Fork is the worst thing for new users. It's really hard convincing anyone to try Steem and then they arrive and earn almost nothing at all. So 95% of them leave.

With this change, instead of earning almost nothing, they will earn nothing at all.

I see user retention going from 5% to 1% or less.

Steem has just became a private club. As an investment opportunity, it's absolutely terrible. No one will be willing to invest in a place like this.

PS: Since now upvoting comments is useless, I've upvoted your last post instead.