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No idea what argument sparked this idea. But, it's a very bad one in my books.
I mean maybe they should just take a $1 out of your Steam wallet every time your moderated....
No.
Steam can't just take money from you arbitrarily. That's the kind of thing that could get them in legal trouble
In my opinion, if Valve wants to inspire users to be more careful, they should just bring back (unless they're still here) permanent bans and change it to a three-strike system. A day, a week, a month, permanent. With a sprinkle of community bans, if a rule breaking user is doing ban evasion.
But that's just my take on it.
If your wallet is negative then you're permanently banned. Same difference if your profile is level zero for any reason. The similarities are such that if you can say one is a bad idea, it's because they're both bad ideas.
"Pay $1 to break the rules" isn't a great policy for upholding the rules.