Ultimately, Facebook's network effects and constant product innovation will make it VERY hard to beat. Look at Snapchat. It tried, got close, but will most probably fail. Snap Inc. stock is down 25% this morning. For alternative platforms like steemit, being at the cutting edge of social media innovation is vital.
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Yeah, heard its losing double the amount than last year.
Oh well, we have the big advantage not to have to rely on ads and selling user information, all the information we place here is public to anyone anyway. ^^