The problem, imo, is not with crypto and blockchains themselves. I support breaking free from the criminal Feds as much as I believe in my fight against these malicious Whales.
The problem is with the potential abuse designed into the configuration of specifically the steem blockchain itself. It's almost as if all those people who got in on it early to mid-2016 new within a year they would be able to con others into joining and investing fully knowing they could use their high flag and self-upvoting power to suck all that new crypto invested into the rewards pool.
If steemit would do something to prevent such actions I would say they were a good corporation (Steemit Inc.). Yet, from my observations, they have only increased the ability for these Whales to abuse it while decreasing any newcomers from actually achieving anything spectacular. I just don't understand how they don't get their actions of tricking people to join and invest only to flag the newcomer's successful posts and upvoting themselves is really a simple case of 99% of said rewards pool going to these guys, leaving scraps for the rest of us.
It's a complicated issue, I did my best to simplify it in the post. And I hope it gets resteemed here, shared on FB and Twitter, etc. Yet I doubt it.... his flagging me destroyed my reputation and now I can not even post images = and anything I post or comment is instantly hidden from here on out.
I tried. Not for fame or profit but to save others from falling for this scam.
I appreciate your comment. You do seem like a wise person. Just be careful in here.