The incentive of money is a motivator but users quickly find out that earning money on steemit is as hard as an MLM scheme and we lose alot of users that way. the retention of new users issue will become prevalent in the near future as people begin to look for a facebook alternative which steemit is not.
i look forward to your next post!!
RE: The Incentives of Steemit - Part 1 Unitentended Consequences