I think your opinion is spot on, it’s been done before (many times) and nothing good came of it. Just because someone thinks they can pick better people won’t change anything.

I’d rather see the stake used to build this community overall as well as things people actually want to use (well designed front ends etc) rather than continue to have the mentality that we have to bribe them to use it, while hurting the overall value of Steem.

It’s a nice idea.. let’s just give all the small accounts free SP, but at the end of the day it solves nothing imo. I’d rather see the ninja stake burned or sitting idle rather than this idea or how it’s used currently.

If there was some way it could actually be used to grow, develop and build the Steem ecosystem that benefits the price of STEEM long term, I’m all in.. but I haven’t seen that at all.