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RE: Is Steem a ponzi scheme?

in #steem4 years ago

Very well written and I love the thoughts behind it.

Personally I am thinking that the users are ON the block chain and we are the creators not just the recipients mean we are doing the hard work. I think it's a viable and stable community and most certainly not a Ponzi/pyramid or any type of scheme, my 2c though. Thanks for getting this conversation going though.

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I don't think it's a Ponzi either (hopefully I made that sufficiently clear), but I think it has the potential to degenerate into one if the community doesn't take ownership of it. Tragedy of the commons is a real risk.

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