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RE: Why I see Facebook of little threat to Steemit
First of all I have to say that your language here is much lighter compared to other posts..Thank you for making this in layman language.
Yes..Steemit has the potential to shift the Modus operandi of the entire world if treated nicely.There is no need of monetisation in FB because it won't work as you mentioned and also that platform does it's job pretty very well!
I won't trample FB just because I possess a steem account..I need it as it connects me with thousands of my friends and also it had already become my public diary.The Me here is not just 'Me'!