It would be a good analogy if people gave the coins out of their own pocket (indeed, I'm a fan of tipping functionality). That's not the case with upvotes/downvotes, at least not as ever implemented on Steem.
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If I can selfvote the coins to me, but I choose to vote them to somebody else, haven't I taken money out of my own pocket?
Isn't that the line of reasoning used by the 'it's my stake' crowd?
I still favor the n2 and the self discipline required for it to work.
As long as the inflation gets voted to sellers the price drops, eh?
Tipping doesn't work among the scavengers of scarcity, apparently.
Only people that have worked for tips really give them.
You can't, though, because others can downvote. Even the amount isn't set (exactly) only by your vote but by others votes on the rest of the pool. With n^2 the latter is even more true in practice (because highly concentrated votes elsewhere can take a LOT from the pool and significant reduce your self-vote payout).
The pool is a shared resource.
I see buskers getting tips all the time. I've seen tips work in social media crypto communities when markets aren't down 70-90% and people actually feel like they have something to give away. Not so much recently, but maybe that is better than spewing out lots of coins to inflation regardless of market conditions?