That's pretty much what most regular folk end up saying; I still don't get it - and me too! Sure we don't have to understand certain things but in that case, why is the steem team and ned constantly posting complicated jargon updates? And when they write it in a way to appeal to the layman, why does it still make no sense to many?

Even the simple fact that its on the blockchain isn't simply explained. I often spent more than a few minutes trying to answer the classic 'where does the money come from' question and people don't get it and thus don't trust it.

I'll probably stick to steem for the near future cause i dont like switching around all the time, but if it collapses i won't be too sad =D