Very good analysis, it helps alleviate some of my scepticism about the validity of self upvoting but I'm still not convinced its a good thing long term.
Many users that don't understand the complexity and the way steem works see it as means to get free cash which can further separate whales from minnows.
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Thank you @blakadder. The general point of this post is to highlight how short sighted this self upvoting is.