There is no such thing as free money

We are blogging which equates to work in the social media context. We are all contributing to anything earned. That's the difference between a "pre-blockchain" and "post-blockchain" era.

Why do our tokens have value? Because there are people willing to pay for them. Why are they willing to pay? Investment, speculation on the value, to power up

The same concept applies to Bitcoin (as well as a host of other major cryptos) and we all know how well that's turned out so far.

What will happen if the platform when people get frustrated with shortcomings?

With people flocking to Steemit in their droves and the system working as intended (which is more than I can say for the majority of other cryptos right now in their present state), it does what it says "right out of the box". Given what I see at present, there aren't even any warning signs of it failing. Just some impressive growth and development. When Steemit went down, people used busy.org. Simple, easy fix. Things should only get better from hereon in (unless the actual blockchain dies, which I doubt will happen).

Don't get me wrong. I like your article and the discussion it creates. I love to see other perspectives to this subject, but how I see it, we had Steemit. Then esteem, then dtube, then dsound, now SMT's. As well as a slew of other projects that have been gone and are on their way. The future for Steemit is exceptionally bright and at this conjucture, it is clearly succeeding.

The chances of it failing right now, are minute, at best.