There are many ways to distribute coins. For example, a front end or community can require that advertisements be paid for in Steem and can then distribute those coins to its users as rewards.
This is like to have someone to pay for the authors/workers for their work upfront and offset the inflation. Its great, but first, their should be a product for which someone will like to pay upfront. The inflation and getting rewarded to blog/work in some cases do actually work. I'm a real example for it, I came for the free money, but later bought in more (as much I can afford), and have never sold a thing.
The market is not moved by those like me, with few hundreds or thousands dollars, but from the large stakeholders, and the overall BTC trend...
Since you are a top witness with nice stake (with potential to pay upfront), and been around here from the beginning, have you used your stake to bring more eyeballs, large content creators with large followings.... build the product that someone will be willing to pay for..... then implement some sort of add sharing or whatever ... Incentivize following and good content ... All in all nice to have this brainstorming, but probably when/if the next bull market comes, all this will just fade away and we will be with some still imperfect product, but with a lot of hype ...
RE: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?