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RE: Ned on SBD: "Does the community want to continue to be paid out in Steem Dollars?"
you know, I actually started on a simplified version of the WP a couple months ago as I also think it's an overkill, and should be kept under 5 pages overall. Maybe I should restart that initiative as I also wanted to focus on a couple more marketing materials to support telling others about Steem. Thanks!
Also important because in addition to being horrifically over-complicated, the white paper is terribly out of date with how the system actually works now, which leads to even more confusion and frustration for people trying to learn about and understand Steem.
I tried selling steemit.com to friends. I had been able to tell them how much I was making monthly, but that is gone now. It used to be that voting would render a constant stream of income with said initial investment, but as you said, it doesn't work that way any longer.
In order to make the same as I made in November, I would have to put up another $100k, and I don't even like have that much in one wallet unless it's a secured, off-line, paper wallet. Less likely to have in on one steemit account.