The focus has really shifted from having long term large stake holders to having more content creators and speculators. Content is king, and although it took me a while to come around to the dramatic changes to the economics, I do think we're headed in the right direction now. STEEM is to be the cryptocurrency we bootstrap to the masses. SP is a use that gives steem use value. Steem Dollars are more of a smart contract to trade with steem. It's incredibly valuable in my eyes to bringing non-crypto people into the crypto world, as a liquid currency can be scary to people who are new to it.
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"Smart Contracts cannot fix Dumb People"
https://steemit.com/crypto-news/@dan/is-the-dao-going-to-be-doa
"The theory of jointly deciding to fund efforts will face the reality of individual self interest, politics, and economics. There will be rapid defecting (splitting) as people realize there is little to be gained "
The biggest problem I see then, is can we get this running smoothly, can we bring up the value of steem before a new site comes along with the same premise but using bit coin instead? That could crush us because if there's any crypto that the masses are coming around to it's bit coin-it's not only been around the longest but it's proven its value. In just a short period of time I have really come to love steemit, I would hate for it to go the way of myspace. I feel a bit of urgency right now, that's why I am dropping in on these posts despite my difficulty comprehending anything technical or math based. If I can wrap my brain around it then I can break it down in layman's terms even further than it's being broken down, or put it in a way that others like me will understand. We need people to care, a lot of people to care, to push this forward and face the inevitable obstacles. People can't be naive about this, right now there's a site being developed called yours.org, and it is a similar platform, and it is based on bitcoin. And there are others, though that one is the closest to launch.