I do not disagree with your point. I think that HF21 made Steem a little more like Youtube though, unprofitable for most content producers, very profitable for the extremely popular ones. There are drawbacks and benefits from that system.
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wich feature on steem remindes you of youtube? And how did it get empowered by HF20/21?
Often in life, we know what we like or hate even before we tried it. I bet you experience that very often.
It was the penalty/bonus threshold. Steemit said that it would be around 20 STEEM, but it turns out that the bonus/penalty begins somewhere around $10 in post rewards, which is quite a bit more than 20 STEEM.
This would be a great idea, in my opinion, but only if community voting was equal between all people. I believe this threshold concept doesn't work because of the disparity of vote values.
it is at 10$ you say? mhm, I see