I am not convinced that anyone worth keeping has been scared off due to the economics enforced by social consensus. Having said that, I do think certain levels of toxicity has driven worthwhile people off. And if that's the case, and the price is low as result, maybe it should go lower so that strong hands come in and clean up the toxicity. Adding a "snowflake mode" to condenser would also help, a little.
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I think the blogging rewards being part of the base layer are a large part of the awful people being awful to others.