Definitely a good and simple introduction... as a fairly recent newcomer, the only suggestion I might make would be to add an explanatory paragraph on what "Steem" and "Steemit" are, how they are related and how they are NOT related.
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Thanks - so explicitly make it clear that Steemit is an app? I will think of how to phrase it:)
Yes, it's a little ambiguous if you're just a blogger with no familiarity with cryptocurrencies.
This would be how I see it (and I could still be wrong, after six weeks of reading!):
"Steemit is a social blogging and content platform where members can share writing, art, photography, music, news and more. It is both an independent application, as well as a framework supporting other applications (Busy, Golos, PeerHub, etc.). Steem is a virtual currency like Bitcoin, which not only serves as the basis for rewards to Steemit users for their contributions, but can also be used as payment at a growing number of web sites and physical locations around the world."