Yes, STEEM and Steemit works very well. I think it's not so well known and many take it for granted that there are tons of users transfering value each day without lags and make Steemit the beacon for a social platform on the blockchain.
But on the other hand i see other use cases for Bitcoin and both have their value but STEEM provided the performance from the start without a lightning network. Thank you for the summary!
The smart media token is going to transform the way we do things.... the only friction being onboarding... however FB did quite well without making itself available to everyone immediately... so maybe the friction to onboard is useful.
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