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RE: Why Steemit isn't Ponzi scheme. [3 minutes read]

in #steemit8 years ago

The devaluation of steem is the biggest you can imagine at 0.19% per day. Your 30K USD posts will be worth nothing after a while.

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nonononononono... thats not how it works.

so you are just here to waste your time because you don't have anything better to do.

Sick life bro :P

Btw, steem is not going to devaluate, until all the world will use steem. Then we will realize that an increased quantity of money circulating, if distributed in a fair way, will not develop inflation, but an increased quality of products.

Suggested read:

Steem Whitepaper :)