I note that the fastest horse in the world cannot win a race is it killed by worms. Profiteering has been the essential mechanism to effect ROI on Steem, and directly degrades society and capital gains, much like parasitic worms do horses' ability to race and win prizes.

There is a cure for worms, and unless we enable the value provided by users of Steem to inure to the investment vehicle and reward them for their provision of it, whale worms will continue to extract the profitable vitality of the token horse and it will never win any race.

Steem has created potential mechanisms that enable free persons to voluntarily cooperate and effect communication, society, and even government. Stake-weighting inexorably deprecates that potential and extracts almost all the value users create into the wallets of the ninjaminers. That profiteering can kill Steem. EIP increases the rate at which value can be extracted, and is being undertaken at a time when Steem is declining in users, market cap, and token price already. Adding to the injury EIP will cause, a 10% tax on the rewards pool to support SPS will pose another insult to the system decreasing further it's ability to imbue Steem with value. Imposing a tax in a system designed to enable voluntary feeless financial support of society is perhaps the best illustration of the malignancy infesting the ecosystem in my view.

While the ecosystem continues to evolve, thanks to Steem Engine and ventures @aggroed personally seems to embody and effect, I wonder whether the ecosystem can survive the decline of the health of it's host, or potentially thrive without it. I really think parasitism is necessarily the critical matter Steem must deprecate, in order that Steem's potential value to society can be realized.

Thanks!