Yep. I don't really like "wasting" 11 x 100% downvotes (I'd much rather have used them to reward good content creators), but my voting power will recover much quicker than that now-8 rep will.
Very true.
I just stumbled upon this guy on one of @haejin's posts. "onlinemoneybank" has a very sketchy sound to it. So I checked the comments and posts only to have my fears confirmed.
Steemit is the place we've got to have a productive social media experience free from the vanity of FB, Twiter, SNAP, Instagram etc. So I have a lot of incentives to help steemit grow and stay productive. Capitalism is all about giving right incentives to human action. We all try to make steemit a better place for our own selfish reasons. Because of this reason steemit would be very hard to corrupt even with millions of dollars in hand.
STEEM stands for eSTEEM.