This is why the bloggers that seek to earn STEEM need to also demand that the places they need to buy stuff from start to accept STEEM. If bloggers didn't dump on the exchanges the STEEM would likely be worth more and the bloggers would be getting richer due to this.
Additionally, if the businesses noticed that content producers want to spend STEEM with these businesses, the businesses might power up and grow their customer acquisition within the Steem community.
That's not their job. The job of a blogger is to write stuff that people want to read and try to get compensated for doing so. If a platform wants to be the choice of bloggers who want to get compensated, they need to provide compensation. Compensation that people can spend and get use of.
That is, after all, the ultimate point of compensation. Nobody works to get paid to stick that pay in a hole. They work to get paid to buy stuff. Since the only way to do that with STEEM is to dump it on doing exchange because nobody wants to take in exchange for something useful, that's what people do.
Neither businesses nor creators have any reason to go out of their way to enable STEEM when there are 10,000 alternatives (or even three) which do what they want it to do. Exchanges make it extremely easy to care very little about that core mechanic, and so both creators and businesses don't.
An entire community of creators on the Steem blockchain have been wanting, very publicly, to be able to spend their resources on useful crap for years. Everybody knows it. At no point has it ever been particularly easy and in fact remains an uphill battle because the obsession is for holding a token and not for actually using a token.
Putting it up on an exchange is effectively indistinguishable from spending it on anything else. If anything, it pushes down the actual value of the token because it will inevitably have to be exchanged in order to be useful. And yet, people such as yourself continue to demonize both exchanges and the people who want to get some good out of their work by using them.
That is a core problem with the Steem blockchain as an economic engine.
"That's not their job" is something a person not understanding money would say. A person smart about money is happy to make anything their job if it helps their bottom line.
The reason I said what I said is because while it is "not their job" it would benefit them and everyone on Steem.
The authors dumping is hurting the price, so much so is this true that @SBDpotato and @burnpost are two projects designed to reduce overall rewards going to authors, they siphon the value and send it to @null to fuck the authors over.
Authors could help themselves by urging local businesses to accept STEEM, but sure, I guess because "its not their job" they can just keep getting paid less STEEM valued at less USD.
Sir, I believe you deserve to know that you do not understand this stuff very well and should probably read more comments and write fewer ones.