Since always, my perspective on Steemit is that it was destined to foment corruption and ineptcracy. So far, my position has not changed much.

I do not think that has anything to do with free markets. In capitalism there are projects that work and things that fail. Success is not guaranteed, that is a reality.

Steemit is one of those projects that have partly failed, and in part, have been successful. It has not collapsed, but it has given us an example of what results in a system with bad incentives. As an example, it is useful, that is the part of victory that exists in all this.

Accept it, people are not angels, and Steemit's institutions are not "meritocratic", we can not expect something different from what there is.

Steemit is not "the 2.0 world", it is a platform, a system, with its rules; rules that are in some ways unviable, but whose increasing adoption (encouraged by the possibility of reward, whether by honest or dishonest actions) postpones its collapse (or the correction of those rules).

What will happen in the future? I do not know, but do not expect perfection from a system like Steemit. If certain rules encourage certain types of behavior, regardless of your intentions, you will most likely get that behavior.

Are the creators of Steemit villains? I do not believe it. They just made a mistake in some things. And to be fair, they were wrong in less things than the creators of other similar experiments were mistaken.