Accurate and excellent summation about the crypto market in general. The population hardly knows yet alone understands Bitcoin and you will get deer-in-the-headlight blank stares if you talk about any of the other 1700 other currencies! Steem is easy to use and understand hence faster adoption. There is also a reason to use it. Their privacy policy is a little weak and if they were not US based I would not have signed up, so some improvement in privacy needs to be tightened up but with wise insights Steem could become a long-term viable system if everyone tries to make it so without undermining it.