In my original article, I mentioned that bidbots alone deplete the Reward Pool by 25-30% of its payouts. This is a huge amount of upvoting capital that is being channeled away from legitimate curation, a process which is every bit as vital to the blockchain as is quality content creation, and which makes a joke of Steemit's Central Premise, that: Content Shall Be Compensated Commensurate With Its Quality.

Are there statistics which show how much Steem it is that bid-bots earn? If that 25% to 30% of Steemit's daily reward pool was not going to bid-bots, and if the revenue that bid-bots earned to promote posts was instead burned by @null, then the price of Steem would greatly increase, would it not? If so, then that is what the price of Steem actually is when not being artificially decreased by bid-bots.