You raise a lot of valid points but overall our system seems pretty decent and it does seem fully functional. If upvotes have value there will always be people who try and game the system. I think eventually things will work out and Steem will go to the moon! :)
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I wouldn't bother spending a disturbing amount of time on Steem if I didn't see the potential.
Yeah me too. What do you mainly do on Steem? I tend to upvote and share my opinions a "bit". lol
You don't upvote yourself? Do you use dustsweeper?