Wow, brilliant article! I definitely see all kinds of problems with steem as well.
I even see people (including witnesses) make a killing off of things like bid bots that literally cheat, and nobody can do anything about it, so it goes on and on.
I also often wonder why steem is set up so confusing if its so open and transparent? Im definitely going to have to look deeper into steemit and see whats going on here. Thanks for the heads up.