I'm not here for a very long time, but I believe that the long-term success of Steemit will depend mostly on two factors:
- How will the governments of important countries around the world treat cryptocurrencies. So far, there are both countries like China how are opposing their mining and trading, and countries like Denmark who are supporting cryptos, but the vast majority of the world is still deciding what to do or postponing this for later.
- Meaningful reward pool distribution. This will never be perfect, but it remains to be seen what percentage of reward pool will in the future be distributed by bots, circle jerking, and self voting, and what percentage will be distributed by rewarding high-quality content.
I've never once googled... "High-quality content", that struck me on the very first day I joined.
Back then everyone wrote little essays with perfectly spaced paragraphs, it was as boring as could be.