It depends. In the case of steemit it isnt like it matters much, because, lets be honest, its a clear ponzi as it is right now and constantly bleeds money out of its ecosystem by default, what with delegation bots, stupid promoted posts, haejin shenaninagans ... It really needs an overhaul if they want to make me feel confortable with letting a non-trivial amount of money sitting here.
RE: Proposal: Gridcoin team candidacy for EOS Block Producer