Users don't care about the value of Steem, they care about the apps, and care about maybe getting paid in USD or Euro from the apps. As long as the blockchain is not abstracted people won't use the DApps. (Similarly, do you care about the value in games which add micro transactions via gems?).
Investors is what makes it look like a scam since they bring strong volatility.
RE: Part 2 of Our Plan to Onboard the Masses