Steemit, in my opinion, allows the monetization of one's social media presence. And the good part is this monetization completely within the control of the user. So instead of being but a serf on fiefdoms of the likes of Facebook or Twitter, you earn from your own effort.
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I agree wholeheartedly, it really is an innovative technology that allows us to circulate our content to a wider audience and no need to get a "government copyright" which gives ownership away. All the information can be traced back to it's original post...