well if that were the case it's like domain squatting which proved not work over time but blockchain could be different because nobody is in charge. I had thought of getting the cool names early on steem but felt it wasn't worth it. Like you say, just too much admin and not enough earning in the rewards pool. That's the fun part. In the name game steem is better than Hive though. Steem has a high PR rank and also the pages rank in google surprisingly high. But steem sucks lol
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