It's a really good point to raise. Where did you get the figures, though? Because I think they're wrong.
The bandwidth needed for an upvote is small, and a person can issue 1 KB of bandwidth data to the chain at a cost of about 0.003 USD. I have found there is a lot of erroneous info out there about how EOS works. The ultimate test is when some other project goes live with an implementation, then we know for sure.
I have been experimenting Ted and can tell you that <50 EOS staked as CPU doesn't get you many transactions before you hit the red line. This is already $US250+ - more than most would be willing to stake. I can also tell you that prices fluctuate. I am sure the prices will all come down in time though. But it does keep the headstart we have here at Steem going - and once SMTs are here - that's it.... no more competition.
Posted using Partiko Android