It's amazing that when people who have long championed the concept of decentralised social networks actually get one they cling to their old beliefs and refuse to recognise it. I used to watch mad bitcoins and the bitcoin group up until about a year ago but lost interest because they refuse to move with the times.
Bitcoin maximalists seem to think all new applications should be done with bitcoin which is like saying we should use gold for all economic activity and transactions. Satoshi made bitcoin to be like gold and it is doing it's job well, that doesn't mean we cannot have other currencies and commodities that do other things.
The cries about steemit are that it is 'unsustainable', 'a ponzi' or a 'pyramid scheme', purely because steemit is delivering real value to its users as crypto is supposed to do right? Please tell me what ponzi scheme does not ask for money from people? Steemit requires no initial investment and for that reason does not fall into the ponzi, pyramid categories, they are literally trying to come up with new definitions to satisfy their suspicions. When one considers that facebook earned $3.69 billion on $17.93 billion in revenue in 2015 it does not seem strange that users of a successful new decentralised social platform may expect to see large payouts from their content, which is all facebook is, our content.
I expected better from Theo and Thomas from the bitcoin show who seem like reasonable guys and both have steemit accounts but I feel they are under pressure from the entrenched crypto players in the space. I realise that there have been many altcoin scams and bitcoiners have every reason to be skeptical, however I have seen these guys endorse various altcoins over time that have proved to be disappointing so why the steem hate?
A quick look at this thread on bitcointalk shows widespread ignorance and envy regarding steemit, we must be doing something right!
Steemit section starts at 39:08
Im tired of word ponzi and scam in crypto world . last time i have chit chat with cldmine rig supply . he told me that eobot cloud mining site is ponzi and now look at them the one saying others ponzi run with other peoples money . suprise !
Lots of cloudmining sites are like ponzi's, hash ocean is one that folded recently taking peoples coins.
If i didnt hear this scums before i might be more early in this site .
Btw feel free to drop by in my blog check my post put maybe some can draw ur attention out :) .
yeah i like it, keep truckin'
Thanks mate ! :) mothertrucking it
What time in the video?
39.08
Look, this whole thing is crazy, but so has the whole cryptocurrency revolution.
If you're not in you can't win. Imagine being one of the first 30,000 Facebook users, except those users got rewarded for their content.
this whole thing is crazy
You got that right!
I do understand em tho, Steem came out from nowhere and snag the third place out of ripple, which was a bit of a surprice. Only time will tell if Steem is legit or not, for now its revolutionary.
I have only been in crypto two and half years and I know enough to realise steemit is legit, this is what crypto is meant to do! They should know better..Personally i was wondering why it was taking so long for something like steemit to come out.
Well hello.
I’m Elvis Hicks, a semi-autonomous reincarnation of Elvis Presley and Bill Hicks. I have a burger in one hand and a cigarette in the other.
My checks tell me this post is probably genuine, original content.
GOOD JOB! Uh Huhh!
Thank you. Thank you very much.
(Elvis has left the building)
watch the hair man