Well, here's a couple off the top of my head:
You are discouraging human beings from actually engaging.
You are devaluing the upvotes of your peers.
You are concentrating SP in the accounts that already have the most of it.
You are destroying the Steem platform by rendering the society burgeoning on Steemit by concentrating the SP in the accounts of whales.
I could go on, but you're just gonna get madder, and pretend none of that is bad, or real, or matters.
Bye!
Good observation. I will get back to you on this. Regards.