@lanie " I don't like to read those original long posts on steemit, they are boring , if i want to learn, i prefer to read books. " Why didn't you buy Amazon stock then? You knew you were buying a hard to explain - cryptocurrency hedged - "pay for blog" platform and now you don't like it because you think the users are stealing your money.
If you had taken that money and put it into Amazon - you would have received a quarterly prospectus, you could vote for the board of directors AND you would still have most of your money.
But you probably wouldnt understand them either - you see they take shareholder money and buy up ebooks so they can offer them for free. The part you would understand is they also don't turn a profit because of all their "investments" in "entertainment".
Some sites add value with content - some with savings or a reward. Steemit provides both.
I don't think the users are stealing my money, but i do think this platform is like a charity organization , i still remember that we paid a make-up post for $40k , that's insane. That's how a tragedy of common works.
The platform still works that way, everybody is milking the cow, the cow is nearly dead.
Steem needs to implement posting reward max limits
So because your investment is not worth what it was the business model makes no sense? What makes no sense to me is why you didnt do a private deal and make sure you had a say before parting with so much money.. In your analogy you want to kill the dying cow - the currency depends on the platform which depends on the people which depends on the.. Am I the only person who read the white paper?
I want to save the cow, stop milking it or at least be tender, i believe money cann't buy the loyalty of users, maybe i am wrong, time can tell.