As long as Steemit continues to be about the content... rewarding good content monetarily, it will have a place!
My only fear is that at some point FB will offer to pay it's users for content. At that point Steemit's only claim to fame will be the fact it doesn't censor it's users...
Somebody correct me on this, but I don't think that would be a factor. FB have a billion people, they will lose doing so. Mainly because they deal in fiat and they have no currency that can be mind.
In this regard, I don't think this is a concern.
That being said, there will be competition, and maybe we should all step up. But as I mentioned on the article, Bitcoin also had several coins that supposedly were going to erase it from the map. So I guess we'll cross that bridge when we get to it :)
They will create some kind of FB coin that can be exchanged for BTC or something of the sort...
I don't think FB is into cryptos, but if that happens the world would totally abandon the current banking system! So show me where to sign :)
Plus, there will never stop making people so.. Can't be afraid of someone stealing your costumers, just make new ones :)
They can be into anything they want... They are a $350B dollar company, with lots of cash.
I did think of a way that we could work with some of our competition instead of against it. If you have time to check it out, I'd be curious about your thoughts. (link)
I will check it out and tell you what I think there :)
Cool, thanks :)