Thank you for posting this. It is a very important lesson and unfortunately Steemit had its chance but didn't listen. Then they kept pretending they were going to be hiring for different positions and were "collecting resumes" instead of just hiring well respected content creators who had already broke their back for the platform.
The best thing that could happen is if a well funded group can take the lessons of why Steemit has failed and create a new platform addressing those concerns.
Basically if we could have a "Do over" scenario where from day one we didn't have these ultra powerful whales to try to impress. I would like to think that Steemit still has a chance to come out of this but in a lot of ways I don't feel that it does. They needed to take action back in July 2016 but @ned and @dantheman continued to power down and sent a very clear message to everyone. It power bombed the platform and disenfranchised the user base. For several months I have continued to power down. At certain points I have thought I was going to stop the power down and let the rest ride incase this sum-bitch can be turned around. At this point I almost feel that getting an additional $50 out is better than a $0 bid.
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