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RE: Steemit is not a Ponzi scheme

in #steemit8 years ago

Well worded and interesting article. I honestly cannot understand why it takes so long for people in general to realize that properly run cryto-currency based projects are not all ponzi schemes, scams, etc. Of course there are bad apples in every industry, but when a project creates value, has clearly stated terms and conditions, and actually has a decent size user base, it should not be written off as a scam, ponzi, etc.