That's why I think it would be an extremely bad move for steemit to start displaying some regular type of ads...

Yep, we are on the same page @rocking-dave.

...it has the potential of making the whole think look more like a bubble.

As currently designed, it is a huge bubble waiting to burst. In fact, there’s a serious enough pin hole already seeping air.

better off creating posts and even asking for donations from the steemians

Unfortunately, I’m sure they’ve asked. But, it’s no mystery that people, with little and much, have tightly clenched fists when it comes to giving to revolutionary endeavors. This explains why so 'few' are at the top of the Apple and Bitcoin millionaire's club.

…ads would be like admitting defeat and would hurt the trust people have in Steem as a way to store value.

Smh…I’d love to think that the developers wouldn’t bail on the original foundation. However, keeping Steemit from tanking with ultimate growth is the end-goal.

Unfortunately, I have experienced a promising blog site that bit the dust without warning.

I am cautiously optimistic that Steemit is here to stay; but, sustaining the platform long-term seems to be an afterthought that the developers are scrambling to resolve.

Interestingly, this is the second consecutive post denying the ‘reality’ that advertising is in the future ‘success’ of this platform.

Thanks for sharing your insight!

Peace.