Hi @damarth actually your post is 100% right and Im in a feeling of be like the same :)
At first when you say STEEMIT first thing on mind to describe are rewards, comment/post will be paid or cryptocurrencies .
As a new member 7days to be exact - 1st day I have a knowledge only that when you post in the community, put some tags and captions you will get a reward( authors reward). 2nd day - you need to upvote other steemians post and also you will get a reward (curation reward). 3rd day communicate with others, comment what you feel about what they posted and be natural the the reputation will grow and your confidence for verbal skills will be powerful. 4th day learned to read more post and to interact with other steemians even you know you will not get anything, but just to support new steemians by inspiring comments. 5th day just have some ideas about crypto currencies but still on processing and needs to read more articles. 6th day- yes! I realized that why we keep posting, sharing and commenting on the social media we will not gaim anything and only the person behind of it have the rewards ( but still i used the FB to commnicate with my family in Philippines) . And last but not the least - 7day I learned to enjoy evething here in this community ! Having friends, new friends, my talents are revealed (big help that my brain is working now.:) ) , communication skill goes up, I expressed what i want to share and ENJOY everything even in real world. :D ..

PS. reward system is the real thing A BIG HELP for me, now I can give more help to my family :).
Once i get my rewards and to know the ideas of crypto or black chain i will use it and help other new steemians by same as i received from others . Thank you @damarth to noticing one of my post :) because you boosted me up and you make me to feel that giving up is not on my list of option :)

STEEM ON !