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RE: How much of the rewards get distributed by boosters ?
I don't wish it for Steemit but if we don't fix this issue of paying for upvotes it will kill the platform. It is already become like a boring monopoly game where someone owns all the hotels and no matter what you try you're never going to come out as winner.
I really dont understand steem/it - the math and mechanics is just not something I'm 'turned on' by, but I am very interested in the principles involved.
It seem to me, that with bid bots and downvoting - coupled with numerous accounts held by the same persons - that the system is manipulated.
IF steem is define as a real asset (money or otherwise), then these systems must surely be illegal (manipulating financial markets!??)
followed.