Great post. isn't same solution provided by other players as well (crytpo pay ,bitpay)? What I noticed is that for each area where block chain is applicable many projects are trying to solve it.This is huge competition and most of the time first mover is at a disadvantage. I have concern with steemit itself
https://steemit.com/steemit/@sanees/steem-vs-emerging-decentralized-social-media-platforms-must-read