RE: Why Steemit isn't Ponzi scheme. [3 minutes read]

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Why Steemit isn't Ponzi scheme. [3 minutes read]

in steemit •  8 years ago 

For sure the reward system will need some fix to avoid that only the most powerful accounts control all the system: we aren't here to enrich a new Mark Zuckerberg with our own work. But we can be optimistic regarding this changes, because they will be profitable also for the accounts with more Steem Power.

This is a very true and important statement.

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@cabi5boh can you tell me why you down voted my comment? Thank you.

At first I was quite skeptical about steemit especially because the use of the word power also much used in ponzi cloud minning sites. after I read more about steem and steemit I am now relieved. I will definitely recommend this new kind of social network to friends in brazil and switzerland.