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RE: A Brief Look at Other Social Media Sites During Their Beta Phase

in #steemit8 years ago

Network effects are very hard to disrupt, and good design typically isn't enough. Look no further than Craigslist and Reddit for proof of this - two services that have huge network effects and poor designs.

A new incentive system is the type of thing that actually could disrupt existing network effect businesses, and I'm excited about that possibility. Design of Steemit can definitely improve, but I don't think it needs to.