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RE: If Steemit = Facebook then 1 STEEM = $3624.56
no, they own less than 100% of the ecosystem, which by definition in the post was $346.1B (FB's market cap). E.g., @ned owns 11.1M of the current $299M market cap or 3.7% = $12.8B
Thank you sir, you just made $3000 STEEM completely reasonable!
Made it more reasonable-sounding... but a few other points:
I could keep going but I know I'm preaching to the choir. I'm saying it could be more.
Ha - yes all true! Could also add some of the market value of Reddit, YouTube, Wordpress etc. as Steemit will grab market share from all of those platforms over time.