Facebook has turned out great even with allowing advertisers to spend billions spamming users with mostly irrelevant and often exploitative ads. Until we step out of capitalism any system will have the same basic problem.
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Placing ads is one thing, but those companies do not control the content on Facebook, which is something that cannot be said for Steemit. Here on Steemit, the content is controlled by the top (liberally estimating) 10 percent.
Yeah I agree with that...... Simple fact