I have been on steemit for a good 8 months now. Initially I had high hopes for the platform. High hopes as in something different than facebook where everything is centralised and basically the platform sells user's privacy for money. Where steemit promised to reward its users for posting great content.
It is a great concept, however, I think most will agree with me that steemit basically rewards those who joined early or invested a lot of fiat currency into the platform. Nowadays normal users who just joined are basically not earning anything by just posting great content. The odds is simply against them. And with steemit almost 3 years old and it is still in beta stage. And its founders wander off other projects. I really start having doubt with steemit as the replacement for social network giants like facebook.
For the moment, I am staying since I do enjoying coming here everyday, read about what's on my feed and posting some of my daily nonsense. If any of you know other social networks on blockchain, do let me know! :)
