it helps a lot. i have actually been bothering about this. especially Nigerians. Here is a populated country of mony social network users and in no time a lot of us will be here. and when our pocket is full nobody will want to work again. not only Nigerians though. At least this was my thought before you gave the explanation
i did not know that steem was actually controlled, i thought it was unlimited.
thanks for the explanation
Yeah, the rewards pool is set and distributed based on votes of those with Steem Power. Just like bitcoin mining, it's somewhat of a closed pie.
thanks a lot