Yes- I know that, and there is no way to regulate the behavior on the blockchain itself besides flagging behavior that is contrary to the nature of steemit. @grumpycat is doing exactly that, to an extent, but as I will say over and over, steem is supposed to be a 'proof-of-brains' platform, that will become the future of social media, no?
I mean we can fill the steem block chain with racist child pornography as well, who can stop us, and we can use an alternative site to steemit to do that as well, but is it good for the future of this platform?
There is a reason that these terms of service were spelled out, and if people want to abuse it, at this moment it looks like noone cares enough to stop them.
But really ask yourself, do you think steem will become a household name in a future where this platform is 99% bot, because that is the direction it is heading. Do you think average Joe, or better yet, average third world guy, will be enticed by : the new social media site where all you have to do is pay $2000 dollars to make money blogging!? This model is NOT going to succeed, at least not in the way it was intended.
So do you guys care about future of steem? Or just maximizing payouts?