I definitely used the exact same logic as you when I decided to invest in Steem. And I honestly have the same issues as you do, even though I really don't care if people decide to use bots or not. It's more so the fact that people act like vultures on this site. But the fact that this crypto actually has a unique and functional application, in a space where most projects are just white paper, is what convinced me to invest.
RE: Critical Analysis of Steem and Why I'm Invested