You are viewing a single comment's thread from:
RE: STEEMIT Is A Ponzi Scheme - Refuted!
The "scam" or "ponzi scheme" argument is something you will hear a lot.
Hey, even humanity is a ponzi scheme, if you follow this kind of thinking. You need more and more people coming in to keep this scheme going!
At least you will not hear the "it doesn't have intrinsic value" argument often with Steemit. And that is a great advantage in favor of Steemit in the cryptocurrency world.
Steemit has lots of intrinsic value, and it can be measured too. By anyone who has the knowledge to do so.
meep
That's a good point. Steemit has a very obvious value. But even then, in that sense, the data that can be stored on the Bitcoin blockchain should be recognized as a notary service, and should thus be considered intrinsically valuable... I think anyway.
But hey, steemit makes that sort of feature much more obvious.