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RE: I don't understand the claims of "Steem is a Pyramid Scheme"

How does that work for coin mined every 10 minutes with each block? I can definitely see your point on how it affects coins already in circulation though. Currency exchanges definitely add a level of complexity that makes it much harder to grasp, especially for those of us without economics degrees (I now have on my todo list to look for online economics courses 😁)

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