Steem pyramid scheme revealed
I found a discussion thread on bitcointalk about Steem being a pyramid scheme.
https://bitcointalk.org/index.php?topic=1558366.0
One thing I can tell you all is this:
All cryptocurrencies are pyramid schemes. Be happy that you can post whatever you want and it goes on the block chain forever. Don't pay attention to making money on Steemit.com just focus on your writing and know that it goes on the blockchain forever and no one can block your post. You are always free to share your opinions. No one can delete your post.
you can get flagged till you are a ghost and that's like deletion isn't it?
No. Your content may be less visible on the steemit website, but it still exists on the blockchain.
steem is censorship-resistant.
less visable? how do I see posts from people with a negative rating without knowing about them and going to there page to check the posts they made?
i have seen people disappear so i would not say it is cencorship-resitant. in fact I think the rating system makes it easier to block people from speaking. if someone flags everything you ever posted and has there friends do the same. you disappear. and you can only make comments that are invisible and you cant make any money off posts at all. you cant even up vote your own posts. its brutal
The interface (website) software is open source. All it'd take is a modified software where you run the site from your own hard disk (or another url - like "steemituncensored.com"), and voila.
steemituncensored.com sounds like a great idea to develop and get 2-5k.
but if my friend wants to make a post with the negitive raiting he cant post it if he upvotes it and because his rating is so low. his posts dont even show up as transparent on the new post section. his posts are rated so low they dont even exist on the new post list and that the only way some one could hear his post is to already know of him and then go to his page and check his blog tab. how is that not cencoring someone?