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RE: Was the Launch of Steem a Scam or the Only Legal Way? - Thoughts on Steem by Charlie Shrem a Week Later

in #steem8 years ago

I think the biggest hurdle is the perception that starting a cryptocurrency/blockchain business which becomes quickly profitable/valuable is unfair to others because of the founders stake. When in reality, the founders are the ones taking the biggest risk, developing innovation, and doing the vast majority of the work. We don't see this in other highly-successful traditional businesses as it is done behind the scenes. But with blockchain and cryptocurrencies, it is more transparent, therefore it is open to more criticisms.

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