Firstly Steemit is an open platform basically owned by the users. By this I mean the better you act and interact the more Steem Power you can earn. However nothing is censored and only evil is blocked, by this i mean evil as like pure devil worship or racism or how to make your own home made nuclear bomb.
Maybe somewhere in steemit there is somewhere that I can use to access free cable television . . . But generally Steemit has boundaries to stop people just rapidly converting Steem power into sellable Steem and penalties of no interest to keep pure steem just lying around.
After taxing my puny brain I can see no other reason for these restrictions except to try and keep some price stability in steemit over time via the current market value of Steem. Yet everyone seems concerned over the price of Steem in the internet.
Imagine you have a few big whales who have massive hitting voting power and gain huge rewards simply due to the vast amounts of steem power they hold. You get thousands of users into Steemit, but over time some people simply lose interest in the novelty of this new platform.
Why not sell off some of your vast Steem wealth ? Someone must place a value upon it if they chose to buy it, this person is unlikely a cryptocurrency trader since they would simply await a further fall in steem vlue before buying in.
The person buying the steem at any price point must be a platform user, it is unlikely a pure investor since the best way to get a return on steem is to use it to enhance platform rewards ! ! ! Any pure investor could pick a hundred other internet monies to simply hold over time for a profit loss trading risk benefits investment position.
Now if you sell off steem those that buy in no longer are just socializing across Steemit, this is no longer just an emotional networking opportunity, these Steemians now have a financial interest in the success of steemit. It is one thing to say well crap what a boring day i had today let me just click away from Steemit...
It is an entirely different thinking process when someone says " I would leave Steemit except I own a $500 financial position in this new company. Thus you no longer have a few rich people trying to make Steemit work but hundreds or thousands as a core membership of platform value holders.
No one was promised anything in Steemit about the price of Steem or what might happen. There are hundreds of computer tokens that trade as cryptocurrency and they have nothing in reality. All that was ever promised was an open social media platform that is transparent and permanent without censorship.
If people chose to voluntarily invest in the stock market, no one promises winning at the casino, you buy a lotto ticket no one offers guarantees or refunds if your numbers do not come up. For some reason people expect to be blame others when their plans do not work out as they wished. People need to take responsibility for their own actions or inaction's and stop expecting others to be held accountable when they make poor decisions.
The price of Steem is fantastic and the lower the price of steem goes the more shareholders will buy into Steemit. Spreading out voting rights and platform rewards will only enhance the stability of Steemit. Steemit is six months old the only company to post profits so quickly was Youtube and that was because Google bought the platform while it was still in its infancy.
IBM, Apple, Caterpiller, AT&T, etc. etc. etc took years to show solid consistent growth and stability, in the mean time people are getting unhappy with FaceBook, Twitter and Reddit and probably looking at alternatives. there are literally thousands of blogging websites that could simply transition over to steemit fast and easily and these established blogs would bring their readerships to steemit . . .
There are no guarantees in life, there is no clear roads to happiness nor riches; otherwise everyone would be rich and how would that work out in practice. If Steemit users cannot see the potential for growth and stability then they must be the dumbest fools on the planet, sure there are no guarantees but the price of Steem is not directly linked to the success or otherwise of Steemit.
The difference is hundreds of websites give your membership rewards, but only Steemit lets you sell those free reward points for real solid cash for nothing and regardless of that everyone seems to complain that the price of steem is not like a $100 per share . . .
Seriously some people are just plainly weirdos ! ! !