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RE: YouTube will dominate steemit.
The site needs to be more friendly and convenient for subscribers/followers (notifications, profile walls, etc). If it can do this and beef up security, I think steemit might have a chance! I'm near investing, myself.
Yes, agree on all points and I'm sure all of that functionality will be in the final release (this is just a beta). The dev team is really top notch, one of if not the best in the industry.