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RE: Proposal: Change Up and Downvotes to bids
"... just remove the inflation-based rewards pool from STEEM completely..."
Just... No. Unless you just propose that Steem is no longer availed a voting mechanism at all, and all of the functionality of voting is completely removed from Steem itself and becomes solely the province of SMTs. That is an enormous sea change for Steem that completely alters what it is and everything about it, which requires an equal amount of detailed consideration.
Yes, besides it removing one of the biggest incentives of holding Steem power right now, we would need a strong shift to a RC based system before doing so.