RE: Delegation Issue
How make fake accounts are there on Facebook? I run into thousands of fake accounts each year, at least, during the 2010's. Some years ago, I ran across hundreds of Star Wars accounts. I was befriending dozens of Luke Skywalker accounts, not pages and not groups and not events. There are so many fake accounts. I have made dozens of accounts myself on Facebook. Younger people are fleeing Facebook these past few years. Millions and millions of people have been leaving Facebook. Some go to Gab and some go to Minds. Some come to Facebook and Bitchute, etc, etc. So many are not using any social networking. So many people go on Facebook because they have to and not because they want to. There have been millions of people who were forced onto Facebook. I was living in Vietnam for 5 years, 2012-2017, and I saw first hand how Facebook was used in Vietnam for example.
I have no idea how many fake fakebook accounts there are, and just used the figures you supplied for it.
Do you think there are less than 10 million 'real' fakebook accounts? That would be comparable user retention to Steem's. l am sure we both reckon there are more fakebook users than that - although we have no data we can trust. All sources of data I have seen have shown user retention on Steem to be far lower than FAANG users. Whether any of that data has even remote resemblance to fact I have no expectation of knowing.
None of that actually addresses my point, which is that adding economic incentive to participate in social media is actually an enormous incentive, and despite that incentive Steem is doing worse retaining it's users than platforms without that incentive, and that indicates that management of those Steem platforms is so abysmally bad that it more than compensates for the economic incentive.
Currently, it does seem that Gab and Minds and Bitchute are doing better than Steem and all the Steem apps. That's the competition and may the better networks win. It seems that Minds is bigger than Steem. So, the Steem people should be enraged and motivated to do better than Minds. If they don't don't hurry up, then they will continue to decline. I don't doubt that.