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RE: Steem, a ponzi scheme ? A nice and short answer
Ponzi scheme: a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors.
Notice you don't address what happens to a Ponzi scheme when there is actual value being created at the base level, not just obfuscated by the administrators at the top
Sorry i simply want to bring to community the exact meaning of a ponzi, i dont think Steem is actually a ponzi