I read some very good quality postings over there. Any signs it could revolutionized the internet?
Yes, it's possible. steemit is a sweet site. I'd say it already has changed the internet. I won't use any new app or website unless they pay me in cryptocoins.
well steemit is made with a good Idea. and some posts are extreamly brilliant, but the problem is quality contents are not getting enough upvotes, and not earning well, and the other side some low quality and shit posts getting huge upvotes and earning a lot of money.
I don't know what these big power holder see to judge a post.
and may be this is the reason of the recent huge dump on steem coin.
Most of it is automated. My rough estimate based on a number I pull out of the air is 75.63% of posts the largest holders vote for they never read.