Why Steemit is not a Scheme, Scam, or Other Kind of Fraud
This video explains precisely and clearly why Steemit is not a scam, scheme, or fraud as so many naysayers and skeptics have been claiming.
In the video is showed brief overview of Steemit, explained proof of stake versus delegated proof of stake, mining and why the former is associated with scam coins. It's explained how Steemit is not categorically the same thing as a pyramid or Ponzi scheme. it's also briefly touch on the question of whether Steemit is sustainable, as well as clarified the intentions of its creators, Ned and Dan.
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That's an interesting talk but one question, why you've posted this video on youtube almost 1 year ago and make a steemit post just now ???
Are you the owner of this video ? Or you just use it to add an already done explanation by someone else ?
Great post! follow,upvote ,resteem and comment @roba I'll do the same for you.