Didn't delegation fix this? When you sign up, don't you get delegated SP now instead of actual SP that you can then just immediately cash out? It's been a while, but I think that's how it worked with my account.
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Yeah that's what I thought, my account created through Steemit just received delegation. Though when I created one through anonsteem the other day it did come with 6 steem (though I'd paid 10)
I think you would still need to create the steem if a 100 million new users joined because there's only 250 million in existence.
Exactly! You cannot delegate what does not exist.