It pains me to see people draining the pool for their own gain like this. There are thousands out there working hard to produce some good content and they just get a few crumbs. It could be far more without such behaviour, but we can't do much about it unless the whales decide to take real action. Maybe they think it's not worth their time. I just know that it harms the reputation of Steemit. Any such abuse is recorded in the blockchain and can come back to haunt the perpetrators. They probably don't care as they don't plan to actually do anything useful to others. It's just another profit opportunity.
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Bingo. There is no downside. They are almost forced to abuse once others are already abusing.
The rate of abuse is increasing, to my eyes, and that increase may speed up even more.
If it degrades into pure self-voting then I suspect it will all collapse as there will be value in the service
Who do you "trust" to tell you how much of the pool goes to abuse?
Either nobody knew about grumpycat, or the key people knew and didn't care. Either way, it makes the above question tough to answer, doesn't it?
Others have exposed this behaviour and it's obvious abuse when you see it. We have various tools that show who is getting a large share of rewards and so it's not too hard to investigate. Most of us don't dare to flag them, but there are those who will do it. It's just not enough in some cases.