Agreed.
Facebook will always be a tragedy to me. They've built some incredibly impressive technology, and managed to connect people at scales only the internet has before. But because of their profit motive and ad driven business model instead of doing anything meaningful they've just become the world's most expensive billboard. Its a giant waste of something that could have been great but instead just slapped old business models onto shinier tech and called it a day.
Steemit or a service like it ultimately needs to unseat them. It'll be an uphill battle, but full Steem ahead! :P
Well said.