Great post @taskmaster4450. Glad to see more people getting the word out about why Steemit has such a high chance of mass adoption success.
I agree with you, the single points of failure that were present in companies/platforms like MySpace are not present in blockchain based platforms like Steemit, which is great in many ways.
I am going to be doing a Steemit post series soon on my blog outside of Steemit, as well as an online course, so I will be spreading the word a lot. Thanks again for the post!