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@frankbacon, that's not necessarily true. Their need to put up adverts shows money isn't coming in as fast as it's going out. And the price of steem directly impacts their bottom line. The price of steem goes up when there are a lot of new sign-ups. With crazy nonsense changes to the platform like this they're practically guaranteeing people will not sign up. Who wants to jump through this many hoops, undergo this learning curve, only to find out their account is pretty worthless unless they -buy- steem?

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We can create know customers to weigh other options of account ability. As for me - give me liberty or give me deft. P.H.

BTW - steem would work better to divorce the reward system from the currency and have a model where content is purchased using the currency and the rewards are not linked to the whales or other fish opinions. They whole concept degrades the media provider from the very start.