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Author Topic: Steem pyramid scheme revealed  (Read 107032 times)
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April 15, 2019, 06:54:30 PM
 #1581

I don't think the dev team intentionally made Steem a pyramid scheme. But at the onset, the dynamics of the Steem ecosystem already indicates that it will favor the first to buy and and the largest holders.

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April 18, 2019, 03:55:30 AM
 #1582

I don't think the dev team intentionally made Steem a pyramid scheme. But at the onset, the dynamics of the Steem ecosystem already indicates that it will favor the first to buy and and the largest holders.
If the dev team intentionally does not made as a pyramid of steem then how they made it like a pyramid or how they made it pyramid. Do you think it is not a pyramid scheme?



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April 18, 2019, 04:01:19 AM
 #1583

No big pyramid (Ponzi) scheme lasts for 3 years. Of course, Steem is not a pyramid scheme. If it were a pyramid scheme, the value of STEEM would have gone to 0 in one or two years, and we are already starting the fourth year.

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April 18, 2019, 06:43:23 AM
 #1584

This is getting serious and it is not good for the image of the industry especially when we are trying to bring people into the industry with the words transparent, decentralization and others. A lot of swindlers in this industry and it is very hard to know who to trust, I only pity those that have invested hugely in Steemit.

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April 20, 2019, 06:38:12 PM
 #1585

This is getting serious and it is not good for the image of the industry especially when we are trying to bring people into the industry with the words transparent, decentralization and others. A lot of swindlers in this industry and it is very hard to know who to trust, I only pity those that have invested hugely in Steemit.
Decentralisation, transparent are now being used as a signboard, banner to run a business. It is one of the shit thing they tell when they running shit busienss. Many a project are not base on Decentralisation and transparent and even they don't know what is Decentralisation, transparent.



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April 21, 2019, 10:24:05 PM
 #1586

No big pyramid (Ponzi) scheme lasts for 3 years. Of course, Steem is not a pyramid scheme. If it were a pyramid scheme, the value of STEEM would have gone to 0 in one or two years, and we are already starting the fourth year.

Haha no. Madoff's Ponzi scheme went on for decades.

That doesn't mean Steem is or isn't a pyramid or Ponzi scheme, but 3 years is really nothing.

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April 25, 2019, 07:15:29 PM
 #1587

This is getting serious and it is not good for the image of the industry especially when we are trying to bring people into the industry with the words transparent, decentralization and others. A lot of swindlers in this industry and it is very hard to know who to trust, I only pity those that have invested hugely in Steemit.
For new comers it is too hard even it might be impossible to know who is wrong and who is right. But to know it perfectly need to gather knowledge. It has a lot of possibility so they should invest their time on crypto market.



.
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May 17, 2019, 01:26:24 PM
 #1588

It has a pyramidal structure like every crypto-asset. But it was not build as a ponzi scheme. This is not the problem. The problem is that the stake legitimates you in a way harming the fairness and equality. Early stake holders are lucky people but have no competence and there is no reason why their opinion should be over represented. But unfortunately it is. This makes the participation a buy to win game.

By observing Steem one can learn a lot about DAO like social medias. They are not social at all. Its not easy to change a running system. Once the power is distributed amongst a few big stake holders you have to convince each one of them. As as long as they make money by self-voting and abusing the Steem system, they wont listen to you.

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May 19, 2019, 07:22:55 PM
 #1589

It has a pyramidal structure like every crypto-asset. But it was not build as a ponzi scheme. This is not the problem. The problem is that the stake legitimates you in a way harming the fairness and equality. Early stake holders are lucky people but have no competence and there is no reason why their opinion should be over represented. But unfortunately it is. This makes the participation a buy to win game.

By observing Steem one can learn a lot about DAO like social medias. They are not social at all. Its not easy to change a running system. Once the power is distributed amongst a few big stake holders you have to convince each one of them. As as long as they make money by self-voting and abusing the Steem system, they wont listen to you.


You have tried to tell on behalf of Steem that it is not a pyramid scheme but you have not been able to provide good opinion to proof the opinion of you, hope you will make more clear As soon as possible.



.
.BIG WINNER!.
[15.00000000 BTC]


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