Take the case of BitShares. It was designed with self-funding model in mind. The Idea that people could create a proposal with description of the work they are going to do, stakeholders will approve and proposal get funding in the form of inflation. If no working proposal gets approved - no stake will be deluded by inflation. Guess that stakeholders are chosen? No dilution at all! Voting participation rate now is around 7%. But Bitshares still doing very good today.

In STEEM we are doing even better. We are funding infrastructure around us. Look at chainbb.com, it is funded from authors rewards. People don't stop voting for @jesta after HF19. And there are tons of money distributed to people for their work and I don't see it will stop anytime soon. It is just so easy here - saw that you like - click upvote.

There is a things to improve for sure. But we should take it slowly and don't rush to not destroy the system accidentally.