I hope this guide to the social media site Steemit has been helpful for you, whether you’re looking to be an investor in Steem or a content creator on the platform. As you can see, there are both positives and negatives to the platform, and those already invested are hoping that the positives win out.
One thing that can be said about the current centralization is that it is slowly dissipating as new users join the platform. It can only be hoped that enough stay around after seeing the ugly sire of Steemit.
With enough new users these problems will sort themselves out, and this is almost certainly why Steemit Inc remains on the sidelines so to speak. The whitepaper itself speaks of the platform needing large numbers of people to make the decentralized proof of brain concept work properly, and perhaps 2 years hasn’t been long enough for the site to reach its true potential.
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