I couldnt agree more, but like I just posted to Sibert Space on the linked Youtube video above:

"At least with Steem, for all its limitations, the content creators that are regularly producing content that people appreciate, are receiving some compensation directly, without 'intermediary', without the oversight and censorship that is possible when intermediaries are included."

As compared to Youtube, where there is also a lot of crap content, Steem is way better. Does it suck that some whale can upvote his crap post for a huge payout, 10x per day? Yup, but as I see it Steemit is like the old adage, "do not throw the baby out with the bath water".