Steemit will die ?

Currently Steemit have a lot of problems:

1) First of all  - It’s Beta version and company is not ready for high load problems. (error 500 etc.)

2) Steem is not fully tested and have potentially vulnerabilities in code, payments, trades and economy. Also you can see some errors when filling post self.

3) Project is not ready for fake articles and 5 minutes’ period per one article is too small. (12 per hour * 12 = 144 articles per day.) Bots can generate a lot of dictionary attacks and flood posts. Then another bots votes and popup these posts…

4) Bots voting is just starting to work. When you created post, you can see immediately votes, regardless of the length of the text.

5) Generating of bots is too easy! Small scripts can juggle logins and cookies and fill content.

6) Nobody cannot control and block this flow of posts. Soon we can see huge informational trash.

7) Steem have not localization. I see mostly English posts, sometimes Russian and Japan…. We can’t choose native language. It’s a problem.

8) No copyright(!)

9) Weak categorizations… We can see cats, girls, IT, travelling, food, sport at one spam list.

10) And main problem – is a money flow! Now traders created STEEM rate to USD. And peoples grownup own Steem balance and wait payment. But who will pay? Anybody just want to get paid : )

What are you thinking ?