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Oh, for sure. I am certain that we can wealth here and unlike most Ponzi schemes, it isn’t (or at least doesn’t yet seem to be) at the expense of others.

im sick and tired of this notion everybody on steemit has that just because things arent fucking easy for you that the game must be fucking rigged. get over your lack of skills and learn to play the fucking game. The only part about Steemit that was scam was the mining drama. But looking around the cryptospheer right now, I almost like the fact that steemitINC still hold such a large share of the wealth. It ensures that they will have the funds to keep working on steem until its actually ready for it to be in the hands of the people. Currently its nowhere near ready... the fact that Jerry Banefield is a top witness proves this entirely

Careful padawan. There wasn’t an iota of complaint in any word that I said here. I was stating the obvious. It’s a pyramid, but that doesn’t mean we can’t reap rewards here.
My rep and SP is vastly higher than yours which likely means I am working harder than you are. That is exactly the same for @meno. We are both here for the community as well as the financial potential.
But mark these words, just because we love Steemit doesn’t mean we have to love everything about it nor does it mean we can’t thinktank together to improve it.
That is why Meno posted this.
There are witnesses that do the right thing AND earn money. Jerry doesn’t seem to be one of those.

Ive only been here for 2 months, and yes i agree that the current whales and early adopters have an advantage but thats the case in literally every single economy that has ever existed.

I keep hearing the critique of the wealth centralization like its a bad thing, and i just don't see it that way because like you said were still at the beginning of all of this. the only way for those extra early stakholders to profit tho (which is why they invested) is if they cash out. It will happen, just not tomorrow not next year maybe not in the next 5 or 10 years, but the longer they wait to cash out then thats good for all of us because that means less steem is available to be sold and the price increases.

Yes. Every monetary system has been set up as a pyramid to benefit the few. It’s not something to venerate.

But you’re right, those original whales could all suddenly decide to withdraw and 13 weeks later (unless, like most oligarchs, they have a special loophole and can do it sooner) the platform disintegrates leaving hindreds thousands or more people empty pocketed. That’s the potential negative ponzi of it.
I like your positive thinking. Let’s hope you’re right and they stick with it for the long haul and we create an incredible community that supports each other.

ive spoke to many of the people who hold the wealth you speak of and they all understand that its not in their best interest to do that. Sure they could all sell at once and destroy the platform, but if they're here to make money why would they sabotage what is making them money?

It’s been done many times before. The inner circle of USI-TECH just did it recently, even though they could’ve gone on to more profits.

But it’s great to hear that they have no plans to do it here.

Wait until they have been here long enough to feel part of the "Early Adopter Advantage". They will be fighting tooth and nail to keep it. :)

You could actually look at any job or company on the planet and relate it to a Ponzi scheme if you wanted. There is a reason CEO’s make the most money ;)

No arguments there. We live in a pyramid system. It’s shit, but that’s how it rolls.
CEOs don’t necessarily make the most money because of any special contribution to society though. Most of them get there because of the wealth they were born into, some of them because of the heads they trod on to prop themselves up, a few because they worked smart.
An intelligent, compassionate person doesn’t venerate dysfunctional systems. We try to invent better ones that will inevitably replace this archaic one we’re existing in and we start by identifying the problems in it.

You are wrong. Majority because they worked smart and was humble. But that is too painful for you to hear so you tell yourself a fantasy story. I'm sure you know a genius better system? Let's hear it. Let's hear the genius system that you want to use that is better than capitalism.

Haha. Well, not only am I friends with CEOs of massive corporations, but my uncle was a CEO of one of the largest pharmaceutical companies in the world and I’ve hung out with Richard Branson. I think I know what I’m talking about. It’s not fantasy buddy.
There are far better systems than greed capitalism. We don’t have to resign ourselves to what we have now because we have the intelligence to create better systems, but we can only do it together when we aren’t complacent and apathetic.

Better system but you didn't mention any? Haha.

Just because I can’t spit out a system at your supercilious beck and call doesn’t mean there isn’t t oneand doesn’t mean we can’t work together to create one.
More poignantly, we should work together to create one.
Why? Because your beloved capitalism clearly doesn’t work.
Ask any sane, educated third world person what they think of our precious capitalism. Oh. It works for oligarchs. It almost works for first world countries.
But the system itself is destroying our planet’s ecosystems because there’s nothing keeping it in check.
We need something vastly different. Something invented in this new era when we are painstakingly aware that we do not have infinite resources on a finite planet.

All that being said, a

RESOURCE BASED ECONOMY WITH NO MONETARY SYSTEM
Is really the only way forward at this point.

Even the Venus project, the Zeitgeist movement and permaculture have better designed systems than capitalism.
We need to move to a

RESOURCE BASED ECONOMY WITH NO MONETARY SYSTEM
.

have you ever even attempted to manage or run your own business. Things just don't work that way. Every single CEO of a successful company is there entirely because of their skill. Sure many of them came from rich backgrounds but the money itself doesent help them one bit. If they don't know how to actually be a CEO then the business will fail and they will be sued into poverty by the shareholders

The reason why the offspring of the rich and powerful tend to do well is due to a number of reasons, first being selective breeding(having standards) over time favors the strong, creative, intelligent, and beautiful. The second reason why is because they grow up around a bunch of rich and powerful people. These children get first hand knowledge of something that the rest of us are only able to speculate on form the moment of birth. You should read "Rich Dad, Poor Dad" the author may have not been entirely truthful about his life, but who wouldn't embellish certain things a bit while writing an autobiography

The misnomer that most people make about being born into wealth is that it has to do with the money itself that creates and perpetuates more wealth. But no, that’s not the case, it is knowing the underlying game and having access to the processes and the people that make that game function at its core level that make those born in wealth attain skills. It is because they are taught those skills and anybody born Into any other class doesn’t get taught those same skills. When you went to school did you get taught how to do your taxes? Did you get taught how to even budget and finance? That’s what the book rich dad poor dad alludes to, that there is again there are loopholes and it is not shared to the meeting it is kept in the hands of the few.