Really excellent news. Steem was being developed at a time when so many organizations seemed to be desperately looking for a way to shoehorn a blockchain into their functionality, and Steem is one of the few which used it in a way that makes perfect sense with the technology, and encourages engagement rather than a "hodl and speculate" mindset. Not a knock against BTC at all - I think a store of value is a vital use for blockchain as well, but Steem leverages the same power to incentivize real, active participation in a time when social networking desperately needed innovation. Glad to see it getting the recognition it deserves.
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