And I think it's the cheapest way that competitors will have to destroy the Steem project.
If you consider that some ( if not many) of the bot owners will transfer over to EOS, you could say that it is already happening and they didn't even need to buy in, they earned from Steem and then earn more through the SBD sent to them. People are financing their own demise to earn coins that will be valueless if the bidbots continue ass is.
Agreed! It will be interesting to see if this Steem experiment collapses. At least with a decentralized system and witnesses, there's potential for a better project to emerge under different rules, once the crash drives out the opportunists. It's just a shame that folks have to go through the trauma, especially in countries where Steem could really make a difference.
It seems that the only way society learns is through pain. You'd think that this would have changed slightly here considering the claims people make about their ideals and beliefs yet, claims are just that until there is action to support them.