Steem obviously has a major competitor reddit. However reddit is limited on what both parties can get out of a blog. The curators are stiffed when good content is produced. Steemit solved that problem by offering rewards. Which is a reason for motivation to continue posting. Knowing that is not too waste. Let alone the crypto world has only begun. Ten years from now if everything goes as planned we could see the value of our early steemit accounts multiply by exponential rates. So keep on posting on do not look bad.