Thanks a lot for clearing these things up! Valueble to us to get direct responses from you. I'm starting to catch up with the basics of Steem and Steemit and like the idea of SMT's but I've got some questions for @ned and everyone ells:

Do you think some already established platform, with a larger following, that implements an SMT could overshine Steemit to some extent? Might people see less value here?

Do you hope so, because that would still stengthen Steem? And perhaps lead to other better social media?

Could Facebook create their own SMT, and power some just not too meaningless function for it to still steal crowds from Steemit or similar platforms? While still not being any more decentralized?