Actually, I was reading that Steemit posts are set to no follow until they reach a certain amount. So while I agree with most everything in your post, one does actually need to get upvotes for a post to have a shot at search engine rankings.
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Thanks for the info! For clarity, does "no follow" mean the posts won't be indexed by search engines? If so, this is probably to insure that Google only sees higher-quality posts?
Yes. You are correct on both statements. :)