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RE: I don't understand the claims of "Steem is a Pyramid Scheme"
Good post and good qwestion steem itself is not a Pyramid but it sort of falls into bitcoin and coinbase pyramid scheme like all other altcoins when bitcoin drops they all do. why has bitcoin eth coinbase exchanges etc got so much power 2 reason first mover advantage. Plus fiat gateways. So what we need need is fiat gateways until this happens we are not in a free market . and bitcoin is daddy.