The things I didn't like about steem aside from the shady launch was the comparison to facebook and other social media sites. Steem has little in common with those sites and how they make money.  Many of you may not be aware that facebook is closer to a CIA service than a social media platform This should have been apparent from its launch to sudden popularity amongst young people then the subsequent going public then they're deep involvement in business to now deep involvement in news and politics. Unfortunately this is where the money comes from. It isn't because facebook is doing something good. The top US players are rarely on top because of a good product or service, almost all like facebook, amazon, tweeter are handled at the by the intelligence agencies across the US.  How can steem possibly fit in ?  They can't grow or even survive without a steady source of cash coming in and the coin alone isn't going to that.