Is Steemit a Scam or a Legit?

What about the future sustainability of Steemit?

It's hard to predict the sustainability of this business because it is completely a new concept with new business design. So, it takes time to judge any new kind of business. Only the time will tell how much it can sustains, but at the moment it is not bad at all. But also, we need to see how concern authorities react on these kinds of businesses.

Is Steemit legit or scam?

Well, if you are asking either Steemit is legit or scam in the terms of legal authority policies, then at the moment it is neither a legal nor a scam because it is completely new kind of business which takes time to get accepted by legal authorities. Actually, new businesses also can fall down due to the unpredicted reasons. So, we don't think legal authorities will take any action pretty soon about this site and may be will observe the results for at least some years.