I have just joined Steemit last week, and it does seem to be a little too late to use it to earn anything.
Your take on the issue is very interesting, what do you think about affilitation? It could give more freedom to the writers to decide which posts they'd like to have an advertising in and in which posts not.
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I think since pay out and ad prices are correlated, either there shouldn't be an to disable one or if there is one it should have an impact on the pay out. Otherwise we'll again be struggling with liquidity.