You are viewing a single comment's thread from:

RE: Is STEEMIT a Ponzi Scheme? An interesting Youtube debate about the value of STEEM

in #steemit7 years ago

Having thought about this for last few days, i dont think Steemit is any more a Ponzi scheme than Facebook stock was early on, or any stock is early on. The value depends on confidence and trust of the user base. To the extent that trust continues to be earned, the value will keep going up.

Sort:  

I completely agree Dave. In the day or so I have been on Steemit, it seems that it's users are really engaged.