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RE: The Steemit Ponzi scheme discussion - some common questions
When from your pocket a dollar bill you pull
Do you then also feel yourself a fool
Crypto-Currency may not be backed by gold
Yet neither is that bill that you now hold
A Banking Cartel that yanks the chain
Or other people with whom we gain
Whether something has value is from the people
It does not exist solely in the governments steeple
Sure some people do on journey us take
A journey that will end up being fake
Yet when the blockchain contains your stake
Will your head swivel as you look for a snake
If you still have a concern
From the white paper you should learn
If still you find yourself on the fence
That is for you, I'm not here to convince
I don't believe more in the dollar than in any blockchain. I know the dollar system is biased too.
That's not a good reason to buy into ponzi like schemes on the internet.
Ponzi LIKE is a better term
is the foundation firm
Yet even that does not mean it will fail
The schemes seem like they could be well
Schemes of the past that demanded you buy in
This you must do before you even begin
Then they continue and promise you fame
Yet all you end up doing is selling the same
If more people you convince spend their wealth
Supposedly you'll earn more almost by stealth
You can come here and spend not a thing
And you earn money for that which you bring
It is based on community and what its worth
For steem itself is a glorious new birth
Yeah, USD is not only fiat, it's in a lot worse of a situation that STEEM will ever be. Did some comparison at the end of this post just the other day. I like what you're saying.