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RE: OMG DID STEEM HIT $5 +...? Oh YESSSSS it did!!
Why do you believe so?
Can they be scaled to Facebook or Youtube dimensions?
The computers used to maintain the already not so smooth Steem blogging function are already above retail level, and the demand for even bigger space and computation power grows faster than the advance rate of technology.
Blockchain / decentralized platforms are not suited for every thing.