Based on what I read from the article, I would see "if their votes are somewhat wasted" to mean upvoting everything, because that's what you thought was required, without commenting, or contributing in some degree. Some of what I see going on is some users upvoting everything. If I understand this article correctly then eventually they have no more Steem Power left, and their votes become worthless. This is what I meant meant by that comment. It's not an all or nothing thing, but using your upvotes to reward truly good content (as you see it) becomes an extremely valuable thing to do. Who wouldn't want to reward good content?
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Yes, but your Voting Power (that regenerates anyway over a few days) is basically only relevant if your vote is backed by enough Steem Power to actually make a difference financial wise. Else we're discussing your vote is either worth 0.001$ or 0.00001$. Who cares about that reward anyway?
In that stage, it's the upvote itself that's important, not the ridiculously small financial reward.
I'm not sure that I mentioned financial reward. My only point, based on my understanding of this article, was in the overuse of the upvote for no tangible benefit. If that's not the case then so be it. I'm new to Steemit, so please don't assume that I know more than what I can learn from others willing to teach. Such as this article, and others chiming in with corrections.