smooth is cashing out roughly $50,000 per week.
Is that a meritocracy?
TYVM for the specific insight into our present and eternally static meritocratic system of crypto-capital allocation.
Yes, this is meritocracy. Embrace the invisible hand; eschew your false preconceptions. Sacrifice them to the God of Empiricism.
Because of your status near the bottom of that objective meritocracy, you are not gaining $50k/week (SFYL).
Hence the uninterrupted fusillade of butthurt.
I won't presume to speak for our clever steem tycoon, but will say I'd put a non-trivial % of that $50k/week into Monero, were I to be in his shoes.
Specifically, my normal allocation for Free Cash is 1/3 Money 1.0 (gold/silver bullion/miners), 1/3 Money 2.0 (Bitcoin), and 1/3 Money 3.0 (Monero).
So I'll try to remember smooth-type Steem whales will, per capita, be putting about $17k/week into Monero, for the duration of the present Digg 2.0+blockchain fad.
You need to stop whining and give your all your remaining money to smooth. Or use it to tip fluffy for that boss-ass pitty t-shirt he was sporting.
I don't care if you need that money to eat, because smooth will do more with his strong hands than you would ever accomplish by flailing and drowning in the altcoin continuum.