In the Wake of Intensifying Facebook Censorship, Will People Flood Into Steemit?

So this is my first day on Steemit.

I originally heard about the platform from a guest on the Tom Woods Show a few months back. The title for that episode was something like "How to Explain Bitcoin to Your Grandma" -- a question which was never actually answered, unfortunately. But the guest mentioned using this new social media platform called Steemit, which she said actually paid users for their activity.

This knowledge sparked some interest for me, but I only ever did some cursory investigation. That is, until I realized I appeared to be under some sort of a shadow-ban on Facebook.

(An image I made and spread around Facebook once I discovered the problem)

My comments with links stopped being auto-deleted after I complained to Facebook (though they never responded directly), but the damage was already done. Between that and the Facebook Purge that recently took place, I was fully ready to abandon that censorious website.

I expect that many more converts will follow suit. Millions upon millions of users have reason to be disenfranchised due to the pages they followed being deleted without any warning or believable reason. (If they bother to investigate it, they'll find that the Atlantic Council is at least partially responsible, which is funded by a multitude of governmental bodies.)

Then, there's the rather shady practice of "shadow-banning" people -- hiding their posts and comments from everyone else.

And now, to top it all off, their stock prices have started falling like crazy. Their censorious practices have shaken everyone's confidence in the company, and now, that's hurting them where it counts -- in the wallet. (Granted, this may very well be just the beginning stage of a new, general recession, but still. It seems pretty telling that their systemic weaknesses were apparent enough to make them among the first to start falling.)

All in all, it looks like Facebook's days are numbered. And they'll have done it all to themselves.