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RE: Discussion - What are reasons investors avoid STEEM?

in #steem6 years ago

Pyramid/Ponzi concerns.
POS-FUD from the POW fanboys, (as if 2 or 3 mining pools is more decentralised than 21 witnesses)
Ninja mine.

Now we're past the 2 year mark, the Pyramid whispers should run out of steam.
DPOS is gaining traction thanks to EOS and Bitshares. Hoping Dweb brings in some more eyeballs.
Ninja mine is here to stay. No idea why it's such a bugbear. Why walk away from a good product out of spite? What do you prove by missing out?

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Burn the Ninja mine?

The stake that Steemit, Inc. acquired during the early stages is what they use to fund Steemit, Inc. and the development team that does most of the work for the blockchain.

I was always under the impression it was unused. Maybe I misunderstood and it isn't used on platform. Thanks :)