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RE: What is the Fundamental Problem with STEEM?
I'm listening to msp-waves right now where vadenburg is talking about how people below the superlinear-linear transition will earn a little less and those above will earn a little more.
The transition point is somewhere around 16 STEEM worth of rewards.
One of these days I will sign up to the STEEM SQL service so I can do quick research, but my guess is the VAST majority of accounts earn far less than that.
Regardless, the HF looks like it is pretty much a done deal, so we will see how it shakes out.