thanks for your comments. lemme just clarify a few things.
the future you described is awesome. i'll love it, and certainly not be afraid of it.
but it will only come under certain conditions. that i'm very afraid.

you can't have websites competing each other like that when GPT is the only dominant SMT. yes you can have 1000s and 1000s of different dapps/websites/bots/etc on top of the steem blockchain, each having their own SMTs, but the sheer number is not an issue at all. it's whether an SMT can create a rewards pool or not.

GPT will do it. nobody doubts that. @ned even hinted that it could be used as a metric for quality posts. people will trade it. now you need someone who can match that rewards pool otherwise it's not a competition. it's gotta be someone who has enough followers and influence that his/her SMT will match the total marketcap (most tokens won't even have a marketcap). but nobody in this community is bigger than @ned.

it's why i keep saying you need a bigger player entering with a new SMT. it's the only way to ensure that steem will be an ecosystem for all sorts of SMTs. if not, GPT will be the dominant one. it's a token verified by steemit inc according to their own behavioral guidelines.