Another cheapo camera that would struggle to compete with my phone, and without: fully stabilized 4K video, a zillion sharing and publishing options, many many editing options, shallow DOF portrait options. And I'll always have that fully portable nano-studio with me while el-cheapo McCanon with next-to-nothing extra to offer stays at home. No thanks.
Tick tock, time is running out on the market for mediocre little cameras. Bring the goods or go home. Top notch M5 mk II, and stop the cheapskate crap.
If image quality is next to nothing then you can be happy with your phone. Nobody is forcing you to buy it.