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RE: Exposing the BIGGEST SCAM in cryptocurrency: Trevon James and BitConnect

in #steemit7 years ago (edited)

I'm going to have to disagree with you about SteemIt. BitConnect is controlled by one man, one private individual or someone closely in relation to Craig-Grant, who soaks up the lions share of the profits.

SteemIt has 50 Witnesses who maintain the blockchain. These Witnesses rotate daily, depending upon how many Steemians vote for them and whether or not their network is able to do the computational work to maintain the blockchain, and be consistent about it. So, the decision-making power is not AS concentrated. A lot of the voting power has been made linear - meaning that your stake (actual money & time put into it) can be increased in relation to the Whales and, over time, you CAN actually become a whale. I started at 10 Steem. I spent 2 months and $25 and now I have over 75 Steem. My upvotes are worth more now. It's really small, but anyone who sticks with this for a couple of years can increase their Steem Power, too. I expect to be over 2,000 at some point in the future. Past that, who knows? But, if you truly understand the nature of blockchain, then you know that SteemIt is very, very transparent. BitConnect - not so much. In fact, Craig-Grant makes deliberately makes false claims to "sell" his ponzi-scheme, in order to enrich himself.

Also, MAJOR difference here: SteemIt gives everyone a part in the social media platform. We come here to learn about whatever we want, share what we want, talk about what we want, do what we want, make friends with who we want. BitConnect is supposedly based on a "trading bot" that even Craig-Grant personally admits does not exist - it was a lie. It was a scam. No way you can compare the two things - unless you're stupid.

I mean, have you seen, prophet0 ? Some 15-year-old computer nerd who's made thousands of dollars off of being a Witness for Steem-It. Anyone who has some real skills and produces the best content can make some money. If they work at it, over time they will get better, and then they'll make more money. That's life. That's how Steem-It works. Some people are just disappointed that they are not "getting rich quick." Believe me, anyone on here who is making big money is only doing so because they have developed a particular skill-set that others are finding to be valuable.

Maybe you need to work on your skill-set just a little bit harder, and spend less time whining about how much more money other people have than you do. You do not generally gain a large following and a lot of upvotes on accident.

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