I'm not self-voting these days. It might gain me 30c on a post and I get more than that anyway thanks to you and other fine people plus schemes like Helpie and Steem UA. I use up my voting power supporting others and flagging some vote dampers to try and steer them to a better course. It does work sometimes. What return should I expect anyway? I didn't buy my steem and neither did most others. I invest my time, but I've done that on other platforms for nothing. Especially at this stage we need to be building up Steem rather than looking for instant profit. If everyone just self votes it's dead for sure. We smaller players can't do anything about the bigger vote farmers as they are likely to strike out in revenge. Not everyone is out to get rich. Some want to create something the world needs.
I do appreciate some really need the money. Witnesses have costs to cover. That said, I see a lot of greed and that's not how I want to see this go.
"I didn't buy my steem and neither did most others."
Without making Steem attractive enough for people to invest in it, then the price must go down.
Without buyers, Steem is worth $0.
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It has value if it's useful and free/fast transactions may make it so. There are various ways to make your steem earn for you, but I think that mass self-voting will do it no good. Better curation rewards might help. I use this platform because its fun and I think it has potential for good. Making money is a bonus
Except it is depreciating by 8% per year. Quicker than other 'useful' coins.
So to use as money, there are cheaper alternatives.
Bitcoin's inflation rate was at about 8% before the last halving.
So we are inflating twice as quickly Bitcoin.
Now, yes. But a lot less than BTC when it was 2.5 years old.
Doesn't matter a bit with an asset that can change up to 20% in value in a single day.