I agree that steemit still has a long way to go to be able to compete with facebook and all the facebook features. A the moment steemit is still very nerdy and not known in the public. And there have been better social networks before facebbok became popular as well, but those were national only and didn't have that much financial power behind them and didn't become global mainstream. It won't be a rival to FB for quite some time.
RE: How Steemit can overtake Facebook
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How Steemit can overtake Facebook