Think about in projects like @utopian-io.

I don't know @utopian-io at the moment. I'm going to check what it is first and then mention it in a follow up post or comment.

Think about important projects (sane for steemit) like @curie.

The Steem holders are shareholders of Steemit. They have all the incentive that good content is curated on Steemit. For that purpose, they can directly pay editors to curate good content for the platform, like Medium does.

Moreover, some users can act as publications in Medium. Instead of posting their own content, they can resteem valuable content by other users. They can cut a deal with those writers to share the tip revenue.

It is easy to give a vote with good value, but difficult to give a tip because it is your money. Then, with tips, the posts will be less rewarded than the actual system. In conclusion, less content creation.

The problem with distributing other people's money is that you eventually run out of other people's money. This is exactly what's going to happen with Steemit if they don't stop wasting $80 million USD a year in reward money.

Give a look to LBRY (https://lbry.io/), it is like steemit but uses tips.

Thank you, I will check it out.

With your posts, you are opening an interesting discussion. Followed.

Thank you for the feedback and follow. I appreciate it. I followed you back.