So what you are trying to say is we just leave the creation of steem to the miners. We should not buy steem to power up. We just wait for the miners to up-vote our post in order to have steem.
I wonder what steemit.com is like if there is a rule that you cannot bring in steem and sbd into the platform. You can take it out of the platform and sell it for other cryptos or fiat but you can never put it in the steemit platform. Which makes the steem that are circulating inside the steemit.com are the steem that are mined by the witnesses.
Tell me, why did you join steemit.com, what enticed you to join in? Is it because of the steem that you might get when your post get up-voted?
Steem is an active investment, not a passive one. If you invest and you just want to passively wait for the price to go up you leave it liquidated.
If I have 100,000 steem to invest, I think it is wise to power it up to earn interest as well. And as @dan said "steemit wallet is the most secure wallet in the block chain".
If you want to actually actively help increase the price, you power it up and you USE THAT POWER to make steem a valuable place to be.
Isn't that what others are doing? I have seen whales who are doing good to the steemit community by helping us minnows grow.
I think I am asking the wrong questions.
How about I ask you, what made steemit so great back then?
What happened, what went wrong?
Do you have suggestions that could make steemit as good as it was before, and what are you doing to contribute to make steemit better again?
What can you suggest to others like me who are new to the platform, who have no idea how steemit was back in 2016. How do we make steemit as good as it was before?
LOL. No that's not what I'm trying to say I'm not trying to say anything different from what I said. You asked
As somebody whose been here through the good times and the bad I know exactly what attracts investors as I've seen them come (AND GO). They don't always stick around because too many believe they can make money by earning more steem by powering up. But actually, if you power up 1000SP you pay out 1c. That's 10c per day, $36.50 a year, which costed almost $1000 to power up. Obviously this is not the way to make a return but many people are encouraged to "spend money to make money" here and they end up helping in crashing the price because they don't understand that when you invest in steem, it is just like investing in bitcoin except that you have the power to influence the value of the network USING YOUR SP to vote in such a way that makes the social network better.
THAT will increase the price of steem, and if you want investors THAT is what they need to understand if you don't want them acting irrational about their investment.
The bear market always comes. And this causes people to get greedy because it's impossible to hold up the price in a bear market. Apart from that it was the last hardfork. Linear rewards make it very easy to sell your votes. As long as you can do that the rewards will become LESS distributed which will make it easier for whales to crash the market.
I already pay for my delegated SP and I use it to boost minnows. I'm also building a community and encouraging others with their own communities. I also host a podcast which is very beneficial for new users to understand how this system works. You're welcome to join
https://discord.me/votu