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RE: About magic bullets, adblockers and the rise of Steemit
There is one limiting factor: time. If people spend their time on steemit, because the content is awesome there and they get SteemDollars for good comments, then they don't have time to go to the boring websites.
Yes, that´s exactly what I wanted to get at. Steemit pulls quality content because of superior reward -> which pulls people -> which reduces time people can spend outside in the web -> which lets website´s ad revenues decline (-> which will make even more content providers decide to move to Steemit...)