STEEMIT SCAM

in crypto •  6 years ago 

Steemit is a scam is a blog that i read today. What was said in the blog is that a few people who created this platform have the majority of the crypto/ voting power. I think that move was a bad one by the steemit team....had they stuck to making steem coin available equally to everyone then they still would have had a competitive advantage. Obviously steemit people that were the creators can make things how they want n people can choose to use them at will, this info is important for people to know though which is why i think steemit should come out with it to everyone on their homepage with a good reasoning for why they did what they did for all users/ people looking for a platform to see. i do like that steemit is set up well for writing on like medium.com is, this still has potential to be a big platform. i'll probably keep using it until a new decentralized writing blog spot that is competitive appears. pluss i did find this platform to not be exacltly free like i had thought. if you do not have enough tokens you can not post a blog? i like to write multiple posts a day which costs me tokens that i have to pay for....it's fine right now that i have to pay for them because i know that this is giving me more attention then had i written it else where for the price per person, as more people search for decentralized platforms they will come across this one possibly like i did.

i see what is going on with ethereum. it isnt like the bitcoin which is a riskier bubble. the difference is that Ethereum is building usable products, they plan to build a new better online ecosystem....basically i believe ethereum is the safest crypto bubble pyramid to be in. i think that if all the cryptos bottomed out to 0 that ethereum definitely would not...i do not think that cryptos like bitcoin will bottom out to 0 because there are people in other countries that are using this as a currency at the moment as they can not trust their own countries fiat. I'm not sure that anyone knows for sure what is going to happen with the economy that i know...or they would be really wealthy...i do not have any multi billionaire friends that hang out with me...

Ethereum has a few things that seperates it from the other cryptos that i believe will make people buy into it for the value provided. Ethereum is built on a decentralized blockchain. Decentralized pretty much can be defined as power to the people when it comes to your data/ info. Decentralized apps are built on the ethereum block chain which use ether coin as a way to transact payments. ...Smart contracts can be created that make trading as simple as using a Send address and receive address with your coin wallet. I currently have my ethereum coin in two wallets. Coinbase.com wallet and exodus wallet. As soon as coin from my coibase wallet becomes available to trasnfer i move it the fuck outa there and on to my exodus wallet where it becomes safe in my password encrypted personal bank that i own.

damn ethereum went up to being worth 160 a coin the other day now it is back down to 118...well it was at 80 earlier this month....i haven't taken any money back out once it is in my exodus wallet i do not exchange crypto back for dollars...i do however spend crypto on things....like decentralized apps...i found out i can purchase gold/ silver with bitcoin on apmex..next time crypto spikes up in price i might buy a small amount of silver to test out how that goes with buying stuff from a company. i think it should go well. I'd like to find some silver coins with cool art on them like dragons, knights, weed leaf, mushrooms, birds, spiders, snakes, lions, other cool designs...i'm sure those coins are more expensive then buying silver coins by the weight...i wonder if people would actually trade with silver and gold if the economy collapsed... i would think people would trade food and water for things like gas, rent etc....basically everything would become bartering lol imagainging everything going back like 100 years, that isnt going to hapen though, tech has evolved to much to have something as bad as what happened 100 years ago in 1930s with the depression, people are too smart, will figure out a way to correct the money problem before something like that happens.....

hopefully the elites really do not kill us all...i mean i did read about how they have people who paid millions upon millions for homes that went safely deep underground...maybe those people were planning to kill us and go underground then come up when the killing was over...i don't know that could all be whatever....fuck this world is a wild place, with all these different things going on in it. animals out in the amazon, people in the city of new york, people n Antarctica , people in Hawaii, people on a boat in the ocean, people on a boar in a river, people fighting their cgovernment in france, people dancing in africa, people like me writing about stuff like this on steemit, people sitting in a hut that live in tribes and eat humans in their culture, having never seen electronics. Fish in the ocean, sharks, whales, octopus, elephants , zebras, horses, cows, snails, rabbits, foxes, snakes, deer, elk, bear, birds. wtf,...well i smoked the rest of my weed n now i am in debt to the banks. i wont surrender my crypto to trade back for cash to pay off the banks, instead i will lower the prices of things that i have for sale like guitars, snowboards/

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