it stops the influx of fake and bot accounts
I respectfully disagree with this statement. I think most spam/fake/bot accounts are made by users who already have a Steem account, and it is very easy for those of us who already have some SP to create a new account. The slow sign-up process is only harming new users who want to join the site with their first account.
They get flagged and will eventually have little reputation on here. And how’d you know it’s not someone just commenting on your post saying ‘I’m a bot’ to make you think That? It’s a reverse psychology thing, to make you think if you upvote their comments or follow them that you’re going to be able to generate income faster. I ignore all bot comments and often flag them
And then the main account can just undelegate their SP and create a new bot in 20 seconds. At this point it is extremely easy to create lots of spambots without any real problems, since you can just dump all the downvotes bots anyway.
You seem to have a lot more info than myself so I have decided to follow you :) thanks for replying! Have an awesome day and week!
Thank you! Have a nice week yourself, @cryptattoo!