RE: If Proof of Work consensus failed, would you still invest in Bitcoin? So why are we letting the STEEM Proof of Brain consensus fail as STEEM stakeholders?

[curtiscolwell]

I think there are many people trying to keep everyone honest, but the algorithm used to distribute steem doesn't reward this behaviour so over time the "false creators" accrue more steem. We would need some tweaks to the underlying system before we got this result I think. Jerrybanfield and haejin are examples of people rewarded for undermining the system.