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RE: Why Do We Bother To Create Content At All? Better To Abuse.
"I never understood how the money distribution really works on Steemit, anyway. "
If you can even say it "works", it works very slowly. I believe 94% of Steem is in the hands of 1% of users still, but do your own due diligence on that as it's from memory.
"Do they have one?"
Flag new users for tag misuse, perhaps? There's 6-degrees of Kevin Bacon between those two somewhere.
" What if this widescale abuse is somehow tied in with the unexplainably high SBD price? If you've got a money printing machine, you can pump any coin you like, even SBD?"
The plot thickens. You have your next post. Prepare to do more research than the reward will be worth.
I wish I had the blockchain analysis skills to research this. If I did, I could probably make a living out of it selling my services. Unfortunately, I don't :-/
I do think that where there's smoke, there's usually fire though.
Wouldn't it be funny if with the Tether-scare, it turned out it wasn't Tether pumping up the price of crypto, but SBD ? Unlikely, but entertaining thought ;)
"Unlikely, but entertaining thought ;)"
It would be a good story, but mathematically impossible due to SBD's tiny market cap.