There's a sense of euphoria on Steemit about growing number of users. I don't want to be the Grinch of the party, but I'm not that enthusiastic about the growing user numbers. jarmoluk/pixabay @cryptoriddler

Yesterday, I came across two Steemit tools by @egmracer01. The first tool generates a word cloud for a given Steemit account. The word cloud that I generated for my Steemit account yesterday is below.

When I think about investing in an asset, I don't project possible profits in fiat money. Keeping my savings in fiat is a losing investment in the long term for sure. geralt/pixabay When I think about

Maybe you are looking at idiotic posts on the trending tab receiving hundreds of dollars in rewards and you are thinking that those people are making a royal income off Steemit. In reality, those people

Today, it dawned on me that we, the Steemit users, have more power than we think. First of all, Steemit is implemented on blockchain. That means its data is open to everyone to be accessed and used, if

I guess I am not the only one who's thinking of quitting Steemit. I've been here for two weeks. I know it hasn't been that long and I have to give more time to Steemit to get it. TeroVesalainen/pixabay

$65 Million USD is paid to authors and curators in a year on Steemit. Some of us, including me, have suspicions that the content posted on Steemit in one year is not worth $65 Million USD. We believe that

Or in Other Words: How to Prevent Your Steem Power from Being Abused hannahlouise123/pixabay It's not a secret that the reward pool for authors and curators is abused. That means some authors and curators

Yes, you've read that right. Steemit pays $65 Million USD in rewards to authors and curators every year. Intellectual/pixabay Here is the math. The market cap of Steem is around $1 Billion USD at the time

UPDATE Feb 21, 2018: I've published an updated version of this solution proposal taking into account the feedback I received: A Solution Proposal to the Reward Pool Abuse Problem on Steemit [Updated Version]

What Is the Reason for the Reward Pool Abuse Problem? UPDATE Feb 15, 2018: The diagnosis of the problem in this post was correct, but the solution wasn't. So, I published another post to propose a solution

UPDATE: I published a new solution proposal to the reward pool abuse problem taking into account the feedback by @biophil below. Here is the proposal: Variable Inflation Rate Is the Solution to the Reward

UPDATE Feb 14, 2018: The formula discussed in this post isn't used anymore in the reward distribution process. I have written another post about the current reward distribution formula and why it's superior

UPDATE Feb 14, 2018: The formula discussed in this post isn't used anymore in the reward distribution process. I have written another post about the current reward distribution formula and why it's superior

UPDATE Feb 14, 2018: As explained below by @biophil, the formula discussed in this post isn't used anymore in the reward distribution process. I have written another post about the current reward distribution

The market caps of Facebook, Twitter, and Snapchat are $500+, $20+, and $20+ billion USD, respectively. Steemit has a better business model than all three. Lazare/pixabay Steemit's market cap is around

Someone just flagged my legitimate comment, because I flagged their spam comment. Now, I feel like buying even more Steem Power and starting a flag war. I’m not going to do that of course, but I can easily

Filter posts according to the language. When registering ask me the languages I speak and then filter the posts that don’t match those languages. Make it a setting that I can change in the future in case

I know that there’s a flag button, but I’d use the flag button only for abusive content. I’d use the downvote button with the posts that I don’t agree with or that don’t provide much value, so that they