In reality it seems likely that people end up using both platforms, and possibly end up with very similar content, why wouldnt somebody cash in twice instead? That is unless EOS does something radically different from Steem, I don't expect platform loyalty to overcome human greed.
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True. I would not abandon Steem just because theres similar platform build on EOS. The network effect and community I have build here is too valuable to lose.
...new users however, they might switch.