You are viewing a single comment's thread from:

RE: What the hell is going on under the hood of steemit

in #steemit7 years ago (edited)

Steemit shares some things ponzi schemes do. But atleast its backed by content instead of nothing. I feel most people get invovled because of the money but over time find that there is some quality content worth reading. Well thats what happened to me anyway haha

Sort:  

like many people... who could say NO to money :)

Haha thats true. Nothing wrong with trying to earn some extra. People well use it for both

What do you mean by things from Ponzi? Guys that joined first get more votes(=money)?

You pay 1 steem dollar to an upvote bot and get 2 back. Kinda ponzi schemeish