ou are balling people up and falling into generalization traps while you suggest that they are not wise enough to recognize the obvious implications of not policing the network.
Apart from the fact that I don't like the term "policing", I never wrote that I am against the downvote option in general. My main comment under this article makes my position clear.
In the article "My STEEM Vision." I give some reasoning why I think maximization of profits like we see it here is shortsighted and doesn't lead to long-term success. The development of the STEEM price seems to confirm my point of view.
It's not about purely maximizing profits or they would simply divide the stake into alts and self vote relentlessly.
Just look thoroughly at accounts like - for example - the one of sweetsssj or haejin, and then answer the question if some big users aren't exactly doing that.
You don't know what the price of steem should be, it could have been vastly overpriced and we are correcting ...
Just check how the rank of STEEM in CoinMarketCap got worse and worse. I see no reason at all why the STEEM value should have "corrected" so much more than the one of its 'crypto colleagues', apart from the one, that the STEEM community wasn't working well due to the greediness of some members and due to a system that made this greediness even more beneficial, because it's gamable too easily. (That's why I am for example in favour of a convergent rewards curve.)