And this is Steemit after 2 !!! years - worst technical infrastructure of social networks I´ve ever seen 😡😡😠😠

Suppose the developers and their "friends" made their cash......... and aren´t willing to invest any longer. So no wonder the worth of Steem and the shares is getting down and down and.................

Seems, that this "ugly truth" behind, is the reality: https://decentralize.today/the-ugly-truth-behind-steemit-1a525f5e156

"The top 247 accounts on Steemit (most of which are probably owned by the developer and his ‘friends’ through duplicate accounts) own ~87.50% of total stake.............."
"STEEM is not decentralized. From the beginning it was and still remains highly centralized. The launch of the STEEM network was heavily rigged to ensure that the developer and his ‘friends’ had control over majority of supply. "
"The developer, upon realizing that he had lost some control of the supply, decided to re-launch STEEM to ensure that he alone had majority of supply (at least 75%+ of supply). As you can see the developer did everything possible to ensure almost complete centralization."