I think it is true that most of the WP users are bloggers and if that is true, then this should suit most of them and with the added value of crypto payouts that seems really likely to draw a lot of interest.
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I agree with you.
For 90% of the sites, I am sure SEO ranking means little since they probably rank very low anyway. The bigger sites, they are the ones concerned about it.
Even if there is somewhat of a hit for a medium sized blog in SEO, you would think the rewards on Steemit make up for it...
Again, just speculation.