I'd followed you before reading this comment! I believe there is zero need for downvoting as we can simply re-direct the reward pool by positive upvoting. Flagging is needed in some form but is being seriously abused - eg the example above.
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``I believe there is zero need for downvoting as we can simply re-direct the reward pool by positive upvoting.'' Exactly. It's a zero sum game, gift economy. Upvoting other posts redistributes the pool the same way as downvoting, but makes impossible to cheat. If only upvotes existed, it would force stakeholders to curate better, if they wish to reduce rewards of spam.
Precisely! Comments need curating and spam will just fall off the bottom and become a layer of sludge no one is interested in. I get the feeling people are so concerned about their curation rewards they stay away from curating comments.