I agree that its good to get rid of people that were only here for short term speculation and can't cope with a bear market. The problem is, they will probably all be back in a few months :) Might as well make the most of it while we can. I think steemit can improve with updates, as it has in the past. SMT's are going to be interesting. Holding steem here has already had some unexpected benefits, like the byteball airdrop.
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Even if they are back, I am OK with it. Steemit is evolving with or without them...