Since bitcoin developers are working on off chain transactions that might also be a solution for this problem you present. Although I do believe that steem has the advantage among others due to first mover effect.
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Second mover effect is very credible as well, to learn from the first's failure.
See Yahoo and Google
Very true although this platform appears to grow and evolve and due to the interest of the people could start to function like a true DAO (without the DOA).