What? Do you think being fair, decentralized and transparent are merely incidental concerns?

Problem is, many people likely don't care about that.

Take the insertion of chips in your hand, for example, it's a huge red flag for you and I. But, for some others, they like the "convenience". https://www.technologyreview.com/s/611884/this-company-embeds-microchips-in-its-employees-and-they-love-it/

Whatever happened to "live and let live"?

The danger comes from overwhelming number of accounts doing the same. The pool is large, but it has limits. Having people gaming that system not only cause sell pressure, but have other potential side effects as well.

Take the whale that has been self-voting for over a year with his 1.4M SP. He was stopped by a collective effort. At one point, he was raking in 2% of the daily rewards. People need to be able to disagree with rewards.

Granted, he sold most of those rewards. Now, imagine a malicious actor with large stake (government or whatever). They retain those rewards and use them as stake to influence witness voting and/or proposal funding. If they want to attack the network, I feel better if they had to brute force buy all their stake versus getting freebies off of the pool with no one to challenge them.

You can instantly dry up liquidity by making all rewards 100% steem-power.

That's why there's a market for services such as @likwid

Steemit Inc has enough market power to stabilize SBD, right?
Why not drop SBD and just use that same market power to stabilize steem instead?

Lots of people have said that SBDs should disappear, but here we are...still have them and they aren't even close to the peg. Instead, they've become some speculative favorites because at 0.60, you know you'll make a profit when we return to the "peg".