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RE: why I think BUYING UPVOTES is ruining Steemit for the rest of us
It's pretty funny that many of the people treating steemit like a business are missing the one thing that makes a business successful in the long run - quality service or products.
Since steemit is a platform based on content, content is the product or service.
Circle jerking your way to up-votes around low-quality posts may result in a short-term payout but ultimately will devalue the platform as whole, to the point where steem will be virtually worthless.
The rewards pool may be doing as much harm as good. I am really hoping the platform will "self adjust" in the near future. If not, I guess it was designed to fail and we will need to work towards developing a platform more suitable to quality.
I agree, there's no way to circlejerk to prosperity. There's inefficiency built into the circlejerk system - it's doomed to fail eventually. You're right, CONTENT is what this site produces, it's you and I who power it. It's why readers come to it, it's why people sign up, it's where upvotes are earned (the ones that aren't bought!)
Maybe there will be an adjustment of some kind. I think there are too many good people here for it just to fizzle. I hope something happens soon, so I know to either pour things into Steemit, or diversify away.
Always be diversified...