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RE: A transparent Overview of steemit.
I think that you're 100% correct here. I've only been on just shy of a month now but I see that rather than put out quality content what I find is the majority of people trying to game the site to make a buck. Everyone buys votes, creates multiple accounts to vote for themselves, etc. You have a hand full of people reaping a majority of the reward pool. It definitely doesn't sound like something investors are going to flock to. I hope they're able to figure something out in the future to straighten things out before it's too late.