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RE: The problem with steemit is that it incentivizes selfishness and passivity
Looking on the potential bright side of the big investors pulling out by lowering down and selling is that there is more supply for newer users that can come in and try to build stakes for what the platoon is really intended for which is content. We have seen an increase on apps getting some delegation to actually deploy on the adoption of these users and their content. This could signal a diversified influence pool despite it being slow.
Yes fair point, I am aware that it's still very early days. Part of the problem is that developments to stop abuse are just too slow in coming!