Well said.
Thanks!
Edit: I note my understanding is evolving as the day wears on. I expect that to continue as I gain the benefit of criticism which refines my grasp. Still, the basic principles I have espoused remain essential to the paradigm: users create the value of Steem, and decreasing the incentive for them to do that will not grow the value of Steem.
Aye, I will do the same, formulating my minimal grasp on it once I feel it is somewhat comprehensive.