Interesting and helpful for understanding the structure, thank you! For me personally it is meaningless since I am not on steemit to make money but to share and receive uncensored information and exchange ideas.
I also tend to believe that the monetary reward system on steemit is not really a good thing. Money corrupts. People get greedy, suck up to the "Big Fish", try to manipulate the system and post articles and comments to get 'rewards' rather than to speak the truth which might be less popular.
But nothing is perfect. Still better than facebook...
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I came here originally for the uncensored aspect too - with the money being a useful addition. I have never paid a penny to buy any steem and everything I have has come from upvotes on my posts... So I can't say I am against the payout system - it has been more fruitful than 10 years of other social networks in just 1 year for me - both in terms of money and engagement.
I had to invest quite a bit to get my reputation up because I was attacked by a professional "downvoter".
Made the mistake to post about our Best Friends Forever. So, money wise I actually spent money to be able to post here. But I agree on your point regarding other social platforms. At least I am not supporting Suckerberg...