Welcome to Steemit! Pretty cool that this is your first, or only social media! You have been right to doubt the parasitic model which has so far dominated the world by sucking up peoples content and selling them to advertisers... with "spying, for free!", as Eben Moglen would say. Best of luck. Steemians do 'roll deep' as you say. ;) welcome to the club.
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Yeah! I'm all about this decentralized revolution. There is no way this is not the future...