"On a related note I would include the SBD pump here as another example where the community got high on free money and were blinded to the long term costs to the Steem Blockchain."

The real long term cost to the steem block chain is massive mismanagement and poor design. Who in there right mind designs a system and then punishes people for using the system the way it was designed .... and expects to grow.

For a fee I will tell you what can be done to make steem a top crypto currency :)

Also I do a free daily vote giveaway, drop by for some free $$$$