Very interesting . While there is an issue that some accounts have absolutely crazy amounts of STEEM, Steemit still provides a lot of value to its users.
I am all for supporting social media networks that run on the blockchain, and honestly there is room for more than one. Think about Twitter, Facebook, Instagram, LinkedIn, Reddit, and many more centralised platforms; there is space for all of them, so I think that there is also space for multiple decentralised platforms.
That being said, I am a very strong supporter of Steemit, as you know from my recent project, the Steemit Success Initiative. I'm hoping to keep growing the project over the coming months to help more beginners grow on the platform!
RE: Larimer Strikes Back! A New Social Media Platform on EOS?