Yes it is but one of the many possible realities of Steemit.
Yeah I did read some of the things on the condenser and faucet and of course more on SMT lol
Hopefully Tim is right in his assessment and coding it can help but end of the day it is the behaviour of people that will make things happen.
Well, and that's why I'm not been as keen as many others that code be used to solve the problem. Human nature isn't going to be solved by code. We have to change. We're the change agents. It's helpful to have tools and incentives, but ultimately, it's going to be what's in each and everyone's heart that's going to make or break Steemit, or any other platform for that matter. So, I agree with you wholeheartedly that it is the people.
Unfortunately, I feel like there are plenty of devs running around thinking they can control people's behaviors through game theory. Which, I suppose, works to varying degrees, but not-so-much when real life is involved, like finances.