What if I told someone with a much more deep understanding of steem, read the white paper then called it a scam.
There are many reason why it could be called a scam. One major reason is that major stakeholders who paid either nothing or very little to get in, have complete control over the rewards and while powering down every week are getting gaining more steem essentially by holding such a large amount. If it wasn't a scame and they truly believed in it then they would stop powering down and the price of steem would stabilize. Until the it continues to steadily go down every week.
Thank you for replying and your comment is very interesting! It is true that rewards are not fair I wrote an article about whales few days ago and I did not notice that they powered down regularly... mmmmm interesting... To be honest it is a really good remark ! It is true that the price decrease more and more and I noticed that lot of same people earn every time lot of money...
That is so disappointed to me because I really believe in this kind of decentralized social network.... Thx again