thank you so much for writing this! I am an artist and a writer so I have very little understanding of how the market works - but I would venture to say that the USD IS a PONZI and Steem is not - one of these days enough people are going to wise up to the USD ponzi and then our bitcoin and barter dollars are going to increase in value. The USD has nothing to back it and is owned by the FED a private bank - whereas Steemit dollars are backed by content - perhaps Steemit and Bitcoin are here to inform the public about money and how it works to begin to FREE us from the ponzi scheme of the FED.
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Interesting post. I think you've got a good grasp of what is going on. My thoughts on the USD is that, it's only a Ponzi if the FED are 'printing' more than they say they are (Fraud). Otherwise, transparency makes it legit. 'Money' nowadays (since the gold standard) in all it's forms is not backed by anything...But it does have the trust of the people, which is all something needs to have value..