Why do I think that steemit will fail?

1. WTF introductions and low quality content.
> "(...)The major problem here is people have valued introductions over real content for example: I have read yesterday the quick introduction of a girl having a blast in vegas showing a verified picture of her ( could really well be another photoshoped steem picture) In this picture she has a crack of boobs out and she ended earning 1500$ so far.
https://steemit.com/introduceyourself/@lasvegasgirl/new-on-steemit-and-super-excited-im-livin-it-up-in-las-vegas-and-loving-every-minute-of-it-hi-everyone (...)"

Source:
@kuriko at https://steemit.com/steemit/@kuriko/response-to-the-rise-of-identity-theft-on-steemit-here-s-my-solution-to-the-problem-anyx-ned-dan
2. Increasing number of spam, plagiarism and identity-theft.

Edit:
Additional information on this topic is available here:
https://steemit.com/steemit/@mammon/plagiarism-and-identity-theft-on-steemit-quick-and-easy-way-to-make-a-lot-of-cash