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RE: Steemit is NOT a Ponzi Scheme - It’s an Economic System just like the $USD
This is blatantly untrue. Powering down is an unlocking of VESTS into STEEM. All VESTS (Steem Power) are a representation of virtual STEEM. Powering down has nothing to do with other people buying STEEM or VESTS.
Thank you for all you have done for the users here @ned! You have literally changed my life (Sorry to be writing this in another users response). I wondered if connecting with steemit through a Weekly Audio Podcast might be something everyone could benefit if you have the time to check it out. I'd love to have your feedback, regardless of whether of not you find it deserving of a vote.
Exactly. Thanks for making this clear. Nothing worse than wrong information. Btw. @ned I tried to do something good for the community. https://steemit.com/steemit/@timsaid/to-all-the-fishes-out-there-read-this
I would like to know what you think