But you're forgetting about the subscription model... Netflix, Spotify, Amazon Kindle Unlimited, the government. You have to pay taxes anyways... so why not allocate your taxes to the public goods that you value most? I'm already subscribing to Netflix... so why not allocate my fees to the content that I value most? It's not like I'd save money by allocating my fees to less valuable content.

Imagine if Steem switched to the pragmatarian model. Maybe each month we'd all have to pay $1 dollar.... but we could choose which stories we allocated our pennies to. Why not allocate our pennies to our favorite stories? We'd all be able to easily find and read the most valuable stories. The most valuable writers would be compensated accordingly. We'd be giving them an incentive to continue writing valuable stories.

If most members of Steem allocated all their pennies half-way through the month... then this would mean that the fee could be increased to $2 dollars per month. A larger pie would attract more writers to Steem.... there would be a larger supply of more valuable stories... which would attract more readers. A larger pool of readers would be able to support a greater variety of niche topics. It would be a virtuous cycle.