This is what i've been trying to tell people for forever, STEEM is a SCAM.

And more importantly, the CEO and founder of STEEM, Dan Larimer, is about to pull the same SCAM again with EOS. He has over promised the delivery of an EOS blockchain which supposedly is an "ETH killer" but in reality it is nothing but a fake promise. I would avoid EOS and STEEM like the plague.