I agree with many of your points.

In my view, Steemit is not really ready for mass adoption. For every 10 people I have signed up to the platform only 1 or 2 actually post consistently. The rest just quit claiming it is too complicated to use. This is actually not a bad retention rate when you condider the 1% rule of thumb pertaining to participation in an internet community.

The user experience on Steemit is not geared towards mass adoption as of yet. For a content creator like myself I love the platform and will continue using it, but to talk of taking it to the masses in its current form is laughable.

What good does it do to bring it to market if the majority people who sign up don't do anything with it?

All this would serve to do is create 9 out of 10 dissatisfied users spreading their negative reactions to signing up. It need more work prior to bringing it to the masses.

Still, the platform has been doing incredibly well and the users that do genuinly get involved create some great content and communities within the platform are growing organically. Yet, relatively speaking, most people online are content consumers, not creators. This has been the case since the internet was created and I don't see it changing just because Steemit came along.

The protocol of Steemit is a very unique way to reward an online community for content creation and for engaging with the community and the prospect of adding those capabilities to other websites with the use of SMT's is a step in the right direction regardless of the current government pushback on ICO's.

This could bring more awareness to Steemit and cryptos in general to a lot more people through their exposure of getting rewarded on sites they currently engage with as those sites begin to implement SMT's and as a result it should be good for Steem holders.

I'll be watching these developments closely.