"Social media are computer-mediated technologies that facilitate the creation and sharing of information, ideas, career interests and other forms of expression via virtual communities and networks"-Wikipedia
We've been using this revolutionary technology for a long time now. Facebook, twitter and instagram are the companies that are at the top of the ladder board in terms of popularity, number of users and assets. As a millenial, we all admit that we do have accounts to these sites or had been using the apps. I, myself is guilty about that, I do have facebook, Instagram and Twitter which I am using to my everyday life. Communicating, making business transactions and reading some informative articles, it's all there one thing which is missing is that they do not compensate their users for posting, commenting, sharing and others like some lesser known social media platform do like steemit.com
I was intrigued ever since I signed up to steemit that why do big companies such as facebook doesn't have the pay out system considering they have a lot of resources. I was curious and made some research and came up with the conclusion that maybe it is in the hand of the people who handles the site, their vision to the company. Maybe money is more important to them than helping.