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RE: A Brief Look at Other Social Media Sites During Their Beta Phase
Network effects are very hard to disrupt, and good design typically isn't enough. Look no further than Craigslist and Reddit for proof of this - two services that have huge network effects and poor designs.
A new incentive system is the type of thing that actually could disrupt existing network effect businesses, and I'm excited about that possibility. Design of Steemit can definitely improve, but I don't think it needs to.