Very good points there. It really will be mind-boggling when it's fluctuating in dollars, instead of cents.

I definitely agree, for any whale it would be a better investment in the price rather than blogging. However, in the same breath, let's say a person makes $100+ per day after curation, then that still $3000+ per month. Over 12 months that's $36K. Imagine price getting to $10, how much that initial 'blog money' would be worth!

The way I like to see it, is the price of STEEM being the investment, and rewards from the blogging replicating the investment model of Dollar Cost Averaging. Because no matter what the price of STEEM is, we will always be getting the same value.

Nice post. It made my mind think a little :) Talk soon!