I saw the potential of Steemit immediately but because both hemispheres of my brain function rather well I also saw the Frankenstein inculcated within it. That is the blindness and banality of the venture anarcho-capitalists, who, as I've mentioned, didn't seem to see the duplicity of being the very same thing that they rage against... The Federal Reserve. A private moneymaking pyramid scheme which enriches the top of the pyramid. I have little tolerance for this blindness and duplicity (and usury).
What would need to happen to slay the Frankenstein within? A public bank would need to create a social media blockchain and use it as a means of financial distribution for a new non-debt currency. The blockchain itself would be a tool of education at its best with guild-like groupings. I see it as an integral part of a NEW EARTH COMMONS civilization with Four Pillars which need to be adhered to and in this sense, I'm arguing alongside the most important person on the planet right now: Dr. E. Michael Jones, although, as a Gnostic, I reject any move towards ecclesiastical theocracy within the New Earth Commons as the template for it has to be SECULARISM although a spiritual secularism to be sure.
http://andrewmarkmusic.com/?p=673
And those blind narcissistic venture anarcho-capitalists? They can choose to live in the stripped-down​ commercial capitalist side of The New Earth Commons in a Star Trekkian commercial society dedicated to solving civilizations most intractable problems. However, we over in the Shire like commons will be having way more fun:D