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RE: ⫷ Bitcoin vs Ethereum vs Steem ⫸ (Value comparison)
there is a way to monetize your traffic. look at Facebook. They did it.
Just because there's 'not a lot of great content' here doesn't mean SteemIt can't become a very highly ranked website with tons of traffic and thus begin to monetize it either through promoted posts, ads, or whatever else they choose to do.
The owners can, will, and are making money from this platform.
Interesting.
But does the money cover for the rewards?
I've read that Facebook's way only gets ~12 dollars per person per year, and their system is a lot more mature than this one.
Therefore - even if SteemIt does the same things, it probably gets less money.
But at the same time we all receive more than 12$ per year, don't we?