I need to read some more of your older posts. I also need to sleep so may return for a re-read tomorrow.

However, one thought: what if Steem and its economic model is not isomorphic to a stock but is rather closer to being an interest-bearing bond? Bonds also have their markets and pricing mechanisms - some investors do use them for capital growth but most will invest for the income.

I still agree that the business model - or the economic model - is not optimal and seriously needs a V2, but that the profiteering mechanisms can be dealt with by making the rewards-generating activities more flexible and responsive with positive and negative feedbacks.

I also agree that 50/50 curation rewards will just make the economic system worse. As always - or at least in the almost 2 years here - nobody wants to consider the actual economic code within Steem and so people just latch on to whichever is the easiest parameter to mess up, like the SBD debt ceiling being a recent example.