
In the short to medium term, the answer to this question is yes. No one needs to stop and think hard about it to realize that the amounts earned here recently have been small for most users.
There is a persistence that is directly related to the fact of writing and not being valued as it should (which ends up driving away many people and causing a high drop out and a barrier for new users), but if there was a change of thought, the final painting would be radically modified.
It is quite obvious that all the people (without exception) who embarked on this large decentralized ecosystem came primarily because of money... Then only a part of them remain here because of the various knowledge acquired in wide areas.
Therefore, the fluent values of coins define the movement of real people in the system (which currently seems to live more than bots than human interaction). So, considering this scenario of devaluations in various directions (which usually causes so much frustration and desistance): What causes survivors to continue to publish their texts?

I believe that the answer is simple, but not so obvious to many people: those who are still here bought not only the idea of making money by publishing their content, but also bought a decentralized means of accessing a range of content that is divided into several fields of interest.
However, above all this (in the opinion of a portion of those in this game), people also bought a new way of managing these new virtual finances without having to rely on traditional financial institutions (banks) as well as investing extra time in the search for personal improvements over their written skills (which tends to lead people to achieve higher goals in life).
There is a whole new concept linked to the idea of no longer depending on these physical places to save money (especially virtual money) and among these new concepts is the idea of valuation and devaluation that is part of this market. Not only in the financial part, but also in the personal aspect, considering the improvements themselves and expanding networking over time.

Staying alive in this digital chain is not just about how much money you can earn (whether it is expressive rewards or not ... which may or may not be financially valued over time), but rather how relevant you are to publications you write, nurturing this place with interesting ideas and thoughts that add quality not just quantity.
Cash values may be small at present and those who stay around with that thought as the only direction to follow, it is better to change direction or give up before - possibly - to feel even more frustrated.
It is only a matter of time, ironically those who write today for a few cents will be those who will receive more rewards later.
I totally agree with you!
Posted using Steeve, an AI-powered Steem interface