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RE: Will Steemit supplant Facebook?
Right now fb and steemit are completely different. I don't see anyone taking fb out at what they do.
Steemit is more like a reddit or quora. Most people don't want to write long form blog posts about their lives/ or news/ opinions.
I honestly think that this trend of steemit users talking about dismantling fb is just setting everyone up for disappointment.
Not to mention - if steemit gets 2 billion users imagine how small the rewards would be. Especially if people aren't willing to invest new money into steem or steem power.
Agreed, i think its a false comparison, its like comparing facebook to snapchat, they both have different use cases. I do think steemit could easily be a Medium killer the blogging platform setup by Biz Stone, and may draw users from an ailing twitter.
Thanks for your input.
I appreciate your very sagacious analysis. You very thoughtfully pointed out it's 2 weaknesses one being its personal blogging aspect and also its pool of resources limitation should it acquire 2 billion users and it runs out of steam…