I would never buy more SP, that really would not be worth my money. And Steemit does work the way you explain, but that is not how it is promoted to work. That is the issue. Steemit is pegged as this amazing blogging platform where you earn money for quality content (like I do with my own website). The reality is how you describe it: a glorified facebook where friends upvote friends. I don't like facebook and twitter already works well for me, so I joined Steemit looking for a different experience.
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I agree on parts of your points and as I pointed out in my latest blog post, Steemit itself has possible tools to balance those kinds of things.
Nevertheless, you have to see Steemit differently.
I'd more advertise it like this:
Since, on the short term stupid memes might bit you out, but after you build a certain followership you will grow with them.
I would like to point out 2 things here.
a) It is definitely worth investing in SP, since it gives you back through curation (which is probably more than what you get at your bank at the moment) and you are able to grow with the price of steem, which might get you some extra $.
b) It is like opening your own blog, at the beginning, even if you post a lot of good content, it might not get you rewarded, but as you grow and continue to post good and interesting content you will.
And the chance of this happening in Steem is 1000 higher than in a regular blog.
see, you are selfish
you want yourself to be given and not giving back. Better read @raycoms reply
how do you know she can afford it ? Arrogant muppet