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RE: Why It Doesnt Make Sense To Upvote...
Because they want to have their Voting power percentage higher in order to pay themselves more. That's not how this platform should work. Everytime someone upvotes theyre essentially losing money to give themselves. So why not be greedy? And newcomers are here struggling and they will leave because everyone is paying themselves.
Ok, I hear you.
Another idea would be to have split voting power. You have voting power for yourself and voting power for other people.
That way, you wouldn't have to worry about your votes for others hurting your own earnings.
Why should you even be able to pay yourself? Its so ridiculous... Think about it. Who pays themselves in the real world? If you had the option to give yourself $10 a day would you? or if you didnt have to upvote anyone you can give yourself $15 a day. Which would you choose?
I agree with you that the $10/$15 problem you mentioned needs to be fixed.
However, I think the idea of paying yourself has a value for the currency.
It is the incentive to keep your money in Steemit. If you didn't have that, people would just immediately pull out their earnings. There would be less reason to keep it in Steemit. As it stands though, there is an incentive for people to keep their money in this currency.
completely agree with @bscot020