I will grant that Steemit is different. However, I think there are more limitations than you listed i.e. long term viability, the drive to upvote content for gain even if you have not consumed it (which is what a LOT of users, including myself are doing at least some of the time), insane complexity, etc. Also, it is possible that Steemit pulls in a certain demographic which will not change in the foreseeable future due to these limitations.
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Good point, I agree.