Great piece, very thought provoking. I've been on the platform almost two months and have been cashing in SBD but keeping Steem Power. I think the potential for Steemit to be acquired by a larger company who is looking for a plug and play social media platform is huge but I think the founders would be short sighted to take short term gain. Steemit is addictive from a user-perspective and it's a socioeconomic game changer as well. If this is managed properly it will have a greater societal impact than Facebook, especially amongst the creative class. I'll continue to trade in my SBD but will continue to keep Steem Power because I believe in this platform. Facebook is a joke compared to this, I barely spend any time on there now. I'm an author and literally have to pay Facebook so a post reaches people who've already liked my author page! Here I get paid and people are truly engaged and leave thoughtful comments. I find myself thoroughly enjoying other's content as well. This could be the new Facebook, Reddit, and eBay all rolled into one (and more) the potential is limitless.
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As a content creator and business owner, Facebook is absolutely horrible for reaching your audience through a page. Last I checked, reach was down around 6% - for people who already liked and followed your page. Then they want you to pay $5 to run a 24-hour ad that could reach about 700 people that might care about your product.
This platform, if properly developed and executed could seriously drain FB of creators and businesses alike. And like you said - I haven't spent but perhaps an hour total on Facebook since I joined here three weeks ago. It has nothing to offer me. This place has enormous potential, but the people gaining the most money from it are some of the quickest to cash out and abandon it. It's frickin' mind-boggling to me.
I've had a similar experience. Facebook used to be such a valuable tool to me to promote my books and writing. I worked hard to gain thousands of loyal readers who I've watched over the past year become totally disengaged on my author page due to stifled post outreach. I can only hope there are some sensible forward-thinking individuals willing to allow this wonderful experiment to blossom to its full potential.