i don't really know steem as a cryptocurrency or a blockchain, i think like most people i know it as a platform which looks a lot like reddit (steemit). and although it was advertised as decentralized platform for content creators and at first it looked that way but nothing about it is decentralized which is why i never liked it. i think it would have been a lot better if they found a way to make it really decentralized and p2p instead of a website like any others.
They have recently introduced the Proposal system to let users actually vote what’s the best to the platform. As least it’s much better than Facebook who only knows about selling ur data.