Steemit was just an example of what this blockchain can do not the be all and end all of the product
That is a good point. Steemit is a great concept with (let's be honest) poor execution. Yes, the tech is excellent, but something needs to be doneabout content itself or else Steemit will go extinct in several (5?6?) years because there will be a superior platform.
RE: The FUNDAMENTAL issue of Steem nobody talks about... Part 1: Defining the problem (+ Bounty!)