I see it happen every day; lots of people are quitting, and they all have the same reason. Who can blame them? We were all seduced by the fact that money could be earned on SteemIt. ‘Get paid for blogging’, that’s what the ads say.
Once you've signed up, you find yourself working hours to write a good post, and then competing with thousands of others, just to get a couple of cents. On top of that, you’ve not only got to jump through a lot of crazy hoops if you want to get a basic understanding of how the platform works, you also have to watch how crappy posts, thrown together in 10 minutes, make it to the top of the trending page, looking like they’re earning hundreds of Dollars (of which the writer paid for, but that’s something you only find out later on).

I completely agree on all the things you say. And it wouldn't be the first time that the thought comes to mind that SteemIt is going to go down because of all of this.

I don’t want that to happen, because I love the community, and I’ve learned so much and grew as a person in these last couple of months here on the platform, but I’m afraid it is inevitable. At one point, a platform like SteemIt will be started, and it will be so much more user-friendly and more fair, that SteemIt won’t be able to compete against it and will die alone.