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RE: I spent almost $1m in VC money and two years trying to figure out how to save journalism. Steemit is it.
I have to think about it - the real-time aspect would be difficult, but I think you could technically do the majority of it. Markdown text isn't the best format... hmm...
I think it would be fine to start with the Steemit news section to build the content up a bit, but you can always customize a website to plug into the Steem blockchain API . The blockchain is censorship resistant too!