Steemit is not a Ponzi Scheme. There are some very obvious reasons for that. Ponzis require that you put money into it, in order that it is "Invested" in some high yielding opportunity. Which is really just a slight of hand with other people's investment of money. You fake a growth percentage to entice more people to get involved and get more financially exposed with your plot, then you take their money. It's so unwise to just throw around accusations using words which you are not familiar with the definitions of. It's important to speak precisely.
Steemit is not a Ponzi Scheme. There are some very obvious reasons for that. Ponzis require that you put money into it, in order that it is "Invested" in some high yielding opportunity. Which is really just a slight of hand with other people's investment of money. You fake a growth percentage to entice more people to get involved and get more financially exposed with your plot, then you take their money. It's so unwise to just throw around accusations using words which you are not familiar with the definitions of. It's important to speak precisely.