I agree with some of what you said and I disagree with some. My disagreements are as follows:
Steemit's RATE of growth is much higher than Facebook at the moment in terms of numbers of users. I think a much better comparison would look at the rate of Facebook's early growth when it was first launched.
You don't have to have a grasp of blockchain. I agree that the site is not very user friendly, but neither was Facebook when it first started (remember that?), so I agree in terms of unoptimized design being a barrier for wide-scale adoption, but I don't see any need for the understanding of Blockchain to join Steemit...
Other than that, good analysis!
We need to see number of active accounts though as well. This site is growing, but sadly I see a lot (and I do mean a lot) of users leaving. We need to see these numbers total (those who are joining, active, and leaving).
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Thanks for the comment! I was more thinking of just how long it would take to reach Facebooks current level of usage and not really comparing their growth rates, but that's definitely something to look into. For #2, I think it's more of understanding how SBD and Steem works and not really the whole blockchain. Also, knowing how to transfer your steem to Poloniex or an exchange for bitcoin and then transferring to fiat requires some knowledge of the blockchain. Thanks for checking my post out!
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I see. Thanks for the reply!
As for #2, I still disagree. The process is barely any different from online trading platforms for regular old stocks...
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I understand where you're coming from. I may just be overthinking it because it's just kinda new.
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I agree with you about the non-necessity of understanding the blockchain. The three currencies and the details of the reward system require an explanation that is as simple as possible but not simpler than that.
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