No its not circle jerking, its proof of stake,its just not framed well, its not whoring out no more than google or facebook whores out to advertisers.... the promoted sectiona nd bid bots just need to be rolled up into one and @steem/ @steemit inc can SIMPLY undercut every other bid bot and drive them all out of business by offering the cheapeest bidbot service, like walmart, then they drive up prices later when otehr bid bots are out of buisiness
i dunno if this would work, like is there ENOUGH SP in hands of @steem and @steemit accounts to handle the demand of all bid bots? Yes I think there is because they have like 70 million just in those two and no one else has anything clsoe to that
the steem/steemit accounts can be used for a passive income system, if you have steempower you SHOULD be given a passive reward like just for staking without having to pretend to make shitty contrent just to "circle jerk" as you say