One more thing. I don't believe that Steem has future.
I will try to take as much as I can from it, while it exists.
Just think about it.
This is a fully automatable 'social' platform, that gives money.
Three things are bound to happen:
- So many people will join that the new posts will disappear from the page in less than a second.
- Somebody (maybe I) will write a script that registers new users and posts with them pretending to be human.
- So many people will have STEEM, that the price will drop (because they try to sell against each-other)
(as for the 1 account per user defense - it is naive)
On this matter I also do not feel fully qualified to contradict you but I will point out that it will require a very intelligent script to pass itself off as human in words and behaviour.
I also have faith that Steemit wil evolve to incorporate the improvements necessary to make a drastic increase in information flow perfectly managable.
It'll be interesting to see how things develop over time - and I hope that your prediction proves pessimistic. :c) I am warming up to the patform.