I know I'm a total noobie here, but the more I look into Steemit the more unlikely it seems for most people to make money out of it. It's very similar to Youtube in that way, only a lucky few manage to gain popularity regardless of content, and of course once you get popular, you are then more likely to get promoted. It's like the 1 percenters in real life, they create a monopoly, and Steemit strikes me as a similar thing.
Steemit like Youtube is not always rewarding based on content, it often has to do with who gets in first, or pure luck. It reminds me of the first past the post system used in the UK general election.
Now I know that this is how it works in real life out there on the street too, but isn't cryptocurrency about creating wealth from nothing. Isn't there a better way to help everyone on Steemit make money and creating wealth for all. Maybe like a very small tax on the highest Steemit earners to get the noobs started.
