RE: On content, flagging, upvoting, rewards and more... my frustrations with Steemit
All in all you're right it is what it is it is how it was built and it works as it was intended to. The only bad side of steem it is that majority of tokens are concentrated in few hands. However we must understand that this is the first blockchain of this kind and it had to start somehow not without its flaws and definitely with its great benefits. Once smt's will be released there will be many applications on steem blockchain and different reward systems and as for myself I can tell that the photography community that we are building and will be releasing smt as BeScouted tokens we will try to commence token distribution much more evenly and we will see how that works for the community. inherent problems with steam token distribution might have been and unnecessary evil to kick-start the platform and lay foundations for the future projects. Let's wait and see how it develops. For now I am grateful to steem Developers for providing unprecedented opportunity that was never possible before maybe with some flaws but the Magnificent piece of software engineering by itself.
You are right, yes. Let's hope this is just the beginning and future applications will be better. Nothing starts out perfect.