All I can do is laugh. If they do away with rewards, the next logical step is to close down the blogging site Steemit, since there is no faucet left for it. Then the question becomes, do they believe the Steem engine tokens will eat the costs for their own social sites and reward with their new tokens not traded on any mainstream exchanges, and will this be another consolidation under group Aggroed?

I know I don't give my keys to any third party, so the rodeo will be over for me other than any Steem I may continue holding if this unfolds as I am envisioning. What a drastic shift in approach, although I can't say it surprises me. For every community minded person I have encountered, there were so many more who had a case of the give me.

I'm guessing if they close the social sites down leaving it to the various token issuers to run something, the current community in hand will drop by 50% or more. A bit of a gamble, but perhaps investors will view Steem as viable if they aren't forced to lock their Steem up in SP to keep the inflation from eating at their investment.