Don't compare to US fiat. Or any other fiat.
Compare to BTC, which is where you could have chosen to park your hard earned money.
Look at the charts below for 30 days and 90 days.
Whatever fiat you parked in STEEM 90 days ago, is now priced at 33 cents on the dollar. Compared to where you be at if you had put your hard earned money into BTC.
Unfortunately, my conclusion is that leadership of steemit.com has limited interest in focusing resources on making the site better. Many obvious fixes and improvements, but limited visible change or feedback on planned obvious changes. In my opinion the users and community of steemit.com are treated like mushrooms on a daily basis. Keep them in the dark and dump shit on them every once and awhile.
All the future focus is going to SMT. Crypto weenie's technical wet dream. Cool technology - maybe?? Won't do a dang thing for steemit.com
I wish my experience was different. I wish that there was more obvious interest in making steemit.com better, and making it world leading, and making it best-in-class. I wish we didn't have techno-weenie in leadership who are going for the moonshot by investing the limited resources into SMTs.
But I don't see that happening. I see the opposite. I feel the opposite.
So my fiat is leaving the site and I'll move the capital to a place that is more friendly to capital investments.
Hope things do get better.
But hope is not a strategy.
STEEM On !!
DaveB