I hear your frustration but I think it has more to do with user experience design more than bad content. There is shit loads of bad content on YT, FB and all of the other channels but the design and the algorithm for the most part allows you to see most of what you want. While I don't see Steemit as a Facebook, I do see it as a Reddit/Quora type blogging platform with a YouTube bolted on. What I don't see easily though is my favourite authors in my trending page. I think the platform will evolve and better content will be recognised more easily while bad content and spam will not be rewarded. We aren't there yet but these teething problems will ultimately be ironed out. At least that's what I'm hoping.
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in a decade? or should we just stay and pray with jerry banfield :D while he's out selling votes "making the world a better place" helping like @haejin with his "blogs helping people" .... I agree it seems short sighted, but that won't change, any time soon, people are rare to change, There are no problems there are just opportunistic people.