A ponzi scheme requires new users to buy in, and that money is redistributed to previous investors. Conversely Steemit takes in no money by requirement, and the value created only moves out.
So it's not a ponzi scheme.
A ponzi scheme requires new users to buy in, and that money is redistributed to previous investors. Conversely Steemit takes in no money by requirement, and the value created only moves out.
So it's not a ponzi scheme.