RE: Sad, but not yet defeated.
I know 3 Steemians who rely on their author rewards to physically survive. They cash out to pay bills, rent and to buy food. A 30+% cut in earnings will destroy them, and the experiment that is Steem will have suffered its first major defeat - the destruction of the dreamer, and the squashing of ambition.
A sad day... there's a reason I came to steem and not tezos or neo, I want creators to be rewarded.. not stake holders.
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