Yeah, that post is not a good post by any means, and it looks like it's been trashed anyway since it was plagiarized.
Meanwhile 99% of the posts in this board are spam and 1% are good, but why bother make good post
when they just get ignored?
This is argument for more reporting and more moderators, not an argument for abolishing the merit system. Without the merit system, and even higher percentage of posts would be spam.
Bitcointalk keeps losing traffic despite getting so many clicks from CMC and other sources,
the Merit system has made it worse.
I don't know if you remember during the ICO craze at the end of 2017 when every new coin was launching a signature campaign, but large areas of the forum were completely unusable due to the spam. Bitcointalk was losing traffic from real humans and actual users in place of more traffic from bots and spammers. The merit system has undoubtedly made things better.
Having said all that, I don't disagree with
some of the points you are making. There is far too much spam in the altcoin sections, and probably not enough merit circulates there either. Looking through your post history, you are not a shit poster, and so I've given you some merit. The reality is that this is a bitcoin forum, and the majority of senior and knowledgeable users (and therefore the users with the most merit to distribute) spend most of their time in the bitcoin boards. I, for example, have zero interest in discussing alts whatsoever, since the majority of them are outright scams.