Why Steemit is infact a Ponzi scheme and you should quit right now.

in ponzi •  8 years ago  (edited)

There's no need to over complicate things. It's very simple.
A you help me more than I help you system is a Ponzi scheme, and that is exactly how this works.

A few will randomly benefit here and there, but the majority will waste their time and gain nothing.

This is really designed to serve the founders. Nothing more.

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  ·  8 years ago (edited)

#butthurt much? Flagged you for FUD

Sounds like you're lashing out because your posts didn't get as much attention as you wanted.

Protip: Shitting on the platform you're trying to make money on isn't really a way to get money here.

@calva upvote me to warn people about this #butthurt FUD

I can definitely see where your coming but I think that Steemit has the potential to be so much more than that. I used to think in the way that you are thinking now but after reading this post, I changed my mind.
https://steemit.com/steemit/@winstonwolfe/seriously-forget-about-the-money

Steemit is more a canvass than a scheme. I think it's important to view it as something that has potential but could also spiral crazily out of control and eventually turn out to be, yes, a ponzi scheme. But when it comes to something like this, call me weird. I'm an optimist. I believe in the potential of Steemit, and I'll keeping believing until the day I'm finally proven wrong.

Well yeah its a scheme 1st its called steemit or steem so eventually people who shop on steam for games come across steem and its uses reddits style to pull reddit users in and they top it off with a pay for praise platform but the pay is steems own made up currency

You do realize Steemit isnt just about money right? True, it brought alot of people here, but that is how crypto and marketing in general work. However, steemit has a real chance to draw great content, and award those who produce it. It gives us all a chance to shape our online community / news feed / social network.

I think not

Well, atleast people can earn something with steemit. When looking at facebook and other social mediums, a "so called" ponzi might just be a better option.