All three of those reasons may generally apply. When rediscovered my account last February, I made a decent $20 in a month, but I had searched for people I could connect with on a human level. It's not easy I admit, but I see the potential of the platform.
What I find disappointing is the aura of grandeur that surrounds some of the big fish.
However that is a human flaw, which is detected in every area of life....the need for the ego to prevail.
Luckily there are many wonderful people on Steemit.
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Sometimes I feel bad for distinguishing between minnows, whales, and dolphins for the sake of not trying to label or box people in but that's what we've come up with to identify the levels on steemit. You would think the Whales would always operate with others in mind but that's not always the case.