Love is not money, friend. I don't suppose money evil, but elevating money's value above it's social benefits devalues society, and it's clearly happening on Steem, just as Mike Tyson observed it happens in real life.
Money has real, substantive value, but not more than my neighbors to me. Neither does the value of Steem exceed that of the community here, or the stories and ideas we share. Limiting how we value to financial results in mere economic considerations being factored in to how the social media platform is structured, and this devalues the society and the people comprising it.
The result has been Steem has not retained that society as economic tweaks have enabled substantially staked users to extract the vast majority of rewards. Users with more rational values have left, and the mere financial aspects of Steem have lost economic value as they no longer support, or derive support from, rational society.
Mining Steem can be done more efficiently with bots. Using bots to do so by selling stake/votes devalues people, and social media is people. The focus on the economy of Steem has it bass ackwards. We should be developing communities, and the markets they undertake will create economic value in the money they transact with.
RE: Untangling the Gordian Knot that is Steem Ethics