The problem is that when money or other rewards are introduced into the platform, people start optimizing their rewards. This works in a similar way to grinding in games. If something in a game gives you a certain reward, people try to optimize the way they get those rewards by finding a specific strategy that they repeat every single time, having a negative effect on their gameplay experience and turning it into ‘grinding’.

With Steem, people optimize their interactions because there is a reward attached, turning engagement into mindless work. @mejustandrew means that people, when there is a monetary incentive, will do everything for money.

I personally believe that Facebook’s cryptocurrency will not do all these things that Steem does, it will probably just allow people to send money and maybe make a share of Facebook’s profit from advertising. Facebook is wanting to make it super user friendly, and they have little to no experience in this space yet.

I (and @magic8ball, just read his comment) believe that we will be able to change that, and I actually believe that Steem is slowly changing for the better.