I've only been on the platform for 2 weeks and I'm already starting to see the chinks in its armor. The vote trading is horrendous and some of the content that earns is ridiculous. I'm still in the "try my best with content and comments phase" but I already have that gut feeling by week 4 I'll be on here ranting - and oh boy, do I love a rant...
What I don't get is why don't the ones with huge SP fix it out of self preservation. Isn't the entire value of SP = the valuation of STEEM. So if the reputation of this platform tanks, the value of STEEM tanks, and if that happens the millionaire SP holders will have power down valuations equal to a can of coke and a BLT (which is nice, but it's no million dollars).
See, told you I love a rant.
Maybe the ones with huge SP start to not really care that much? I don't know but if you have a a lot of steem power you already made a lot of money on Steemit and obviously have a lot of money invested in other things. Just a thought.
Possibly and probably. I'm still feeling my way around Steemit and learning so my rants are likely virginal in their theory.