On the contrary, I and the existence of blurt are the result of downvotes, not the reason they exist :P. Blurt and this ad wouldn't exist if it weren't for downvotes on Hive, because 70% of the users who are there are there precisely because of downvotes here on Hive :P
You and I simply represent two different perspectives on causality and effect. Yours is short-sighted, and mine is long-term ;P
Anyway, I don't know if you're not noticing, but the purpose of this message has been achieved, and hiding it and downvoting it only increases curiosity, so on the contrary, your system doesn't work and isn't helping. If I wanted to milk the value of your tokens, I'd create 10 other accounts and post AI stories or other neutral nonsense on them. Nobody would probably notice, because a large percentage of the accounts I called out operate exactly that way ;)
So, why does your system serve to centralize power and demonetize unpopular content?
It's perfectly bold here:
https://peakd.com/hive/@khrom/the-downvote-economy-how-to-steal-the-value-of-someone-s-work-and-get-rich-off-their-efforts
and here:
https://peakd.com/hive/@khrom/why-downvotes-contradict-decentralization-a-mathematical-perspective
These two posts and the state of the profile, by the way, perfectly demonstrate how accounts are destroyed whose authors express a different opinion than the one accepted by the majority in a polite and objective manner, and they prove the real reason why downvotes exist - to silence people ;)