You are viewing a single comment's thread from:

RE: Where does all the money come from on steemit? How long can it continue?

in #ponzi7 years ago

I'm having a bit of trouble with the explanation. Maybe from a lack of my understanding, but in my mind we are receiving one initial payment of steem. Half in the dollar and half into the bidding pool. Which is creating the revenue for others.

Sort:  

Sure, but where is the original revenue coming from?
You or someone purchased SP and this brought in outside funding.

As long as there are more people purchasing then being paid it works well (Ponzi)

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 74226.19
ETH 2639.64
USDT 1.00
SBD 2.42