First of all, thank you for your input, I really did hope for and intend for some people to come out and either play devils advocate or sincerely advocate for yours so thanks for being that guy who actually contributes to the discussion.
I don't necessarily disagree with you on the point of 'where is the money coming from?' I just think that the fact that steemit is essentially free to use is going to make it more used than yours independent of the actual merit of the projects from whatever an objective view would be, because people are more likely to be somewhere with less barriers to entry.