The blogging / content aspect was just a way to achieve wide dispersion of the token and thus true decentralisation of the blockchain. This has already been achieved.
Interesting. Was this from inception, ie from Steemit days, or a new direction from the fork into Hive?
Indeed, I'm aware of the other stuff too and love podping (I listen to Hive/3Speak podcasts on Apple Podcast app).. but is all this sustainable without the adoption?
This was from inception. I saw Ned speaking about it way back in the early Steem days.
Some adoption is necessary but mass adoption is not.
Mass adoption is ultimately necessary. The crypto space is currently uncompetitive, but we can't assume it will always be like that. The networks that have weak network effects will no longer have a basis for speculation and the money will dry up.