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RE: Math of Steem: Where does the profit from voting bots come from?
Very interesting and thorough explanation, why vote trading is currently so profitable, but over time it should be less profitable, when more and more of the stake of Steemit Inc is spread out to millions of new users who will actually use their SP for voting.
Ideally this is true - as more Steem gets created it will dilute the power of @steemit and bring the system closer to balance. However, it's a very slow process, and every time someone decides to power down it gets slower.