With respect, I don't think you understood the point I was making with this post. Removing inflation for authors & curators, will remove anything upvote related. With SMTs, there is no real need for Steem to have inflation; besides rewarding stakeholders & witnesses.
Essentially, Steem could become the fuel and base currency for SMTs.
I agree with the last sentence, but how can STEEM "fuel" SMTs if the gas station is empty?
What do you mean with the gas station is empty?
Fairly simple analogy: where will new tokens get their value in your new model? When there are no gas stations will admins have to negotiate with the hoarders? Sounds like a bank loan.
Too early. Scot is not good enough, we need the real SMTs.