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RE: The Great Steemit Debate: Tone Vays vs. Jeff Berwick "Ponzi Scheme or Paradigm Shift?"
I have to say he lost me when he started to question if it's a blockchain or not. Has this guy actually done the lowest level of due diligence about something he is publicly criticizing? Well not my business at this point ;-)
It's blockchain, it's just not decentralised.
Actually that is not entirely correct either. It is meant to become less centralized over time because dan learned from his experiences that early on it is actually beneficial for a chain to start out a bit more centralized in ownership and slowly give that control to the communiver time.