"using money as a system of quality discovery...Steem is aiming to do that."
I thought this was his best quote. He does seem to have a pretty good grasp of what's going on, and I do agree. Dangling huge chunks of money is probably NOT the best way to grab quality folks, because quality folks will see that as a scam. And that's what it likely would be.
Even on Steem, you have to work hard to get your momentum here.