This has been one of the things I saw as the biggest hurdle (as a former Tumblr employee) - most people unfamiliar with Tumblr assume it's a blogging platform, while the dashboard with its social aspects is biggest component of Tumblr. Wordpress and Tumblr are very different beasts when it comes to what they offer in whole - though Wordpress would suit those that only use Tumblr as a blogging platform.

> Does WordPress have reblogging? A feed that will show you all the posts from people you follow?

To answer your questions: yes and yes: https://en.blog.wordpress.com/2012/01/20/read-blogs/ (Not that I use it, but this functionality was implemented back in 2012).

And still actively being worked on: https://en.blog.wordpress.com/2016/12/14/reader-refresh-2017...