When it comes to investing in something, people don't want to have to do work. Steem was originally promoted as a content rewarding platform. That means you have to do work with your brain. You, yourself, actually have to do work, not passively do nothing. Either post or curate to earn.

<center><img src="https://i.imgur.com/nmcCN8g.jpg" /><br/><em><sub><a href="https://pixabay.com/en/brain-turn-on-education-read-book-628736/">Source</a></sub></em></center>

To get more crypto coins, investors don't want to do work to get it. If they want to get more of other crypto, they just have to mine for it. Proof-of-Work isn't human work. The computer does the work. On Steem, to get more STEEM, you had to either create content, or curate content. 

There was mining originally on Steem, but that was done away with. I think for the better, as the people doing the work to create the content (post and comments) on platform and those who evaluated it to reward it should (curation) be the ones "mining" it through the Proof-of-Brain metric where consciousness is doing the "mining", not a computer.

That was annoying for those who didn't want to do work to get more. To get around doing work to curate and be reward, there were bots introduced early on. This way investors could not do work and get curation rewards. But that wasn't enough for some. They wanted more return for investing in the token.

So, to solve the work problem for people who don't want to do work to get more STEEM, vote selling came about. Now, investors don't need to work to keep getting more tokens, they can just sell their votes and get rewarded doubly for the sold vote and for the curation rewards.

With no-work passive mining gone, now vote selling is the new way to just let bots do the work for you, supplanting the autovoting autobot passive curation for rewards. One third, 30% of SBD and curation has been going to vote selling bots. They are making a lot of money now, sitting back, not doing work while others do the work.

The Steem platform has a lots of people doing the work to create content and make the platform what it is, while few people get most of the reward. What do you think the ratio is? 99% of people doing the work, and 1% getting most of the rewards by doing nothing except selling their votes?

At least before, the high SP power players would manually or autovote for content and not sell their votes, meaning more people got rewarded without having to buy votes. That way of the platform is almost dead compared to how many sell their votes.

On other crypto blockchains, there is mining, and there is no way to sell votes to just make more money passively. On Steem, there is no mining, but selling votes is the new way any level of investor thinks they will be making Steem "great". I've been saying the opposite. If more investors come in just to sell their votes, it's not going to make Steem great at all.

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