I have invested around 2 BTC into Steemit so far. My first buy was around 70 STEEM for 0.5BTC and my latest buy was 2 days ago. 1500 STEEM for 0.2BTC. All of it converted to Steempower.
Personally, I have no problem with the two-year commitment. Why? Because I use the platform every day. I like being invested in it. I enjoy it here.
Unlike others, I can still find plenty of content I enjoy. Yes maybe it's not Lee Child grade material but I don't mind.
I like seeing bad pictures of somebody's camping trip in Rural China or a post about homemade washing powder. I like it because it's Real. It feels like real people are posting. People I can identify with. Maybe my standards are just too low but I don't see anything wrong with this.