I believe that steemit started off with all the right intentions. It is hard not to see though that as soon as MONEY is involved it quickly evolved to resemble the centralised monetary system. It is not the fault of the platform or the team behind it. It is just a human thing. Facebook is a waste of time and has many issues with it like privacy. But is is still the most widely used as there is no vested interest from most of its users.

Can anyone add any thoughts on this?