Twitter and Facebook as well as reddit I guess, were (emphasis on were) put up with intelligence agency - both private and "government" (governments only nominally exist today) - financial backing because they knew knowledge would be exaggerated (people always exaggerate what they don't know) and ridiculed by the horde (plebeian masses).

Maybe Steemit is a stepping stone out of the plebeification of knowledge into a more refined and carefully thought out potentially creative future? Ever see the masses on Facebook. It's like walking into a public toilet with the acrid stench of ammonia and raunchy vile scribbling all over the walls. You urinate while holding your breath and then get out of there as fast as you can.

Twitter and Facebook are best left to businesses and marketers.