RE: Won't Facebook gobble up Steemit??
Facebook isn't really a blogging platform for unique content. YouTube has a somewhat similar model except only the content creators receive any reward and the comment section is horrendous. Reddit has the same sort of platform, but again a poorly designed interface to create meaningful posts. Steemit has the ability to allow users to post anything without censorship as long as it isn't spam or content that many people find lowers the quality of the user experience. Also many of the major social media services are supported through ads. This would be quite difficult to overcome for a giant company like Facebook. I agree that steemit has shaken up the game and others will respond, I'm not sure how well they will be able to copy experience people have here and the type of community it provides.
Ahh good response. I made this post because I genuinely wasn't sure how steemit could coexist in equal terms with theses giants but perhaps, it can. I hope so atleast :) True the censorship-free steemit does have an advantage there! And I take your points on unique content and ads revenue although If I was to be cynical, I'm sure they could find a workaround. I just hope steemit introduces more features and takes off! Although I made sound skeptical I don't want to get my hopes up to much as I've tied much of my fortune to steems lol
But if steemit creates a better interface for other social media sites, I'd deem that as a win. A fun conversation on YouTube comments could be great. Steemit will simply add value through forcing other giants to rework what many people wish was updated.
That could be one of the best repercussions of steemit. It'll change the whole damm internet! lol I am backing steemit for the win. Hope we can get a million users this time next year.
If it continues to be a place of unique content and great minds continue to generate engaging content, then I believe that is possible.