When I saw Steem, I didnt get it, and Im into cryptos a bit. However I took 5 minutes, read (a bit of) the white paper and it all became clear, there is value in social media!

I already believe that cryptocurrency is a great opportunity for many philanthropic and not-for-profit organisations, its combination of zero fees (for the recipient), micro-transactions, its resistance to chargeback fraud all seem to be very nice features. Some organsations that need to move money internationally (to give aid in another part of the world for example) can also avoid a lot of bank fees, and move the funds quickly allowing them to be more agile.

These philanthropic organisations also need publicity, they need to spread their word, gain new donations, and I have read this often takes a lot of time and resources. Furthermore, they often need big injections of cash, but like most of us they would also need a constant flow of income.

Back to Steemit then.

Well its a social media platform that allows you to have presence, and allows you to earn cryptocurrency, whats more it allows you to 'cash out' slowly and in a regular measured form, giving a constant stream of income, if you get plenty of upvotes.

So, at least from my basic analysis, there could be a pretty huge impact from Steemit, and impact to aid the world. This is why I just bought into more Steem Power. Tell your favourite charities, lets see if I am right.