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RE: Honest Conversation About Steemit From Ethereum Community (WARNING: MAY BE SOME STEEMIT CRITICISM)
We need to be aware that the quality of posts is dependent on the human factor, not the system. There is no such thing as "an incentive system that honors thoughtfulness".
when 90% of your "investment" is locked away for 2 years... how can you hope to bring in new investors? This Circle jerk session needs a reality check.
(I can see no relationship between the problem of posts' quality and funds being locked in Steem power)
Anyway, funds being locked away for 2 years is good news for serious investors - it inspires confidence that all other shareholders (including the founders) will not disappear easily.