Steem and Steemit seems to do really well in a few countries, but we need it to be big everywhere. I think it could have big positive effects in countries with high inflation and/or expensive money transfers as long as people can spend it. Steem is more useful for that than many other crypto coins. It's going to be interesting to see how it goes.
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In the long run yes, but in the medium/short term I don't agree. If we can take off in one single economy, such that Steem is the basis of a full circular economy even in just a small area, that is a fantastic foundation to expand upon. It's stuff like that which brings real stability to a currency (people needing it for day to day use).
Growing in one country is good for now. Its interesting to watch how the web stats change over time. We need active communities around the world getting the word out
We need some more steem promoters.