The reason it has failed thus far is because the will to extract value trumps the will to add value to the ecosystem. If this was a business, it would have failed long ago as owners who do not build value before taking it kill their business in its infancy.

So you disagree with basic free market principles working out, and an instead advocate a manged economy?
Communist, much?

The argument on what adds value is going to always be present because that is present in every economic system, but we are slowly pivoting into #newsteem through a shifting mindset of what Steem is.

There is no argument, only the will of others wishing to impose conditions and caveat's on others.
Communism, much?

The funny thing about Steem is that it is these decentralized and differing views that give the blockchain strength and utility for building ownership through developing experience.

There is nothing decentralized about 20 witnesses in cahoots with steeminc deciding the fate of steem.- 15,000 users? (or 20 witnesses in cahoots with 1 million users??? lololol).....
Sounds like the politburo in russia from 1930-60
Seriously?..... Wake up. Not even a smidgen of coffee aroma? Seriously?
Communist much?
Advocate of communism, much?

I saved you the trouble of 'copy and paste to reply' linking go to my post.
heaven forbid you attempt to engage....

....nothing to say.... but plenty of words...

https://steemit.com/blog/@lucylin/4-strikes-and-i-m-out-there-are-no-coincidences