Sure, I understand the pros of Steemit. It's just... People I have pointed to the site, and who did not try out the intoxicating feeling of earning money on the internet - people who just looked at the new posts page - where not impressed at all. There is so much plagiarised, nonsense content here and many comments are just completely useless - I sometimes look at @vceliers page when he posts his translation of my comic and most of the comments are people begging or revealing that they did not even look at the post.
But you might be right about it being the same on other social networks. I have left all corporate sites a while ago so I wouldn't know.