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RE: Let's Talk—Why Are You Not Buying and Powering Up Steem?

in #steem7 years ago

Why am I not buying and powering up Steem? Simple. It is far more profitable for me to invest my Steemit earnings into other crypto.

The staking in Steemit at this point in time is incredibly unbalanced and increasingly abused by those who have their whale stakes. I am now even seeing some of these people, who are aspiring witnesses now selling their vote weight, which stems from their Steem Power (staking) to profit further purely for themselves, yet all the while yelling that they are in Steemit for the community.

The numbers and blockchain don't lie. This is fact.

These people have their own Steemit business model. I have mine.