Steemit.com is a complex platform with mixed reviews regarding its legitimacy and effectiveness. While some users appreciate the opportunity to earn money through content creation and curation on the blockchain-based platform, others criticize it for a perceived imbalance in content quality and earnings distribution.
Steemit operates by allowing users to earn cryptocurrency when their content is upvoted, but the platform has been accused of being overly favorable to early adopters or those with substantial investments in Steem Power, which might influence their earning potential disproportionately. Concerns have also been raised about the initial distribution of Steem tokens and the platform's decentralization claims(
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Users have reported issues like difficulty in recovering passwords, which can affect access to earned funds(
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Overall, Steemit is not considered a scam according to multiple reviews, but it does exhibit traits of a platform where earning potential is skewed towards certain users. Newcomers to the platform are advised to have realistic expectations and consider the effort required to achieve noticeable results(
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