the harsher truth though: not only fail to deliver what was offered or implied ("promise of profit") - but even make them PAY for each and every basic trivial action. :D
from registration to just simple post Editing. as you said:

There are lots of places to share things, most of which have a better UI, more attentive developers, and frankly a better community.

have to add to that and emphasize: "and where they do not have to pay to share things, but can do all those actions for free" (nor are told to Invest / Lend into ecosystem if they want to raise those limitations)