I suppose there is no need to rehash it, but I will do so anyway. I am not losing sleep at night over the the long term success or failure of Steemit. However, let us assume that one's goal is to create wealth from Steemit rather than to build it as a social platform. Does it not follow that using this class of tools is kind of like shooting yourself in the foot?

In order to create wealth it must continue to exist, and this type of tool seems to undermine its continued growth...especially if it should ever be simplified enough for the general population. It seems (intuitively) that the majority of everyday users would think this is just BS. Maybe I am wrong?

I like to blog from time to time (depending on the year), but I also enjoy that I am profiting from it. If the profit stops I will move my content to another location even if it is not profitable.