You are viewing a single comment's thread from:
RE: Steem is a Ponzi Scheme.. Check it out
They do this so people don't just create an account and take the money out. Go to any gambling site that offers you a deposit bonus. They don't just give you the money, you have to gamble a certain amount of money on their site first then they will release the funds.
I understand the reasoning behind it, but in the end, it's like a bank... If everyone pulls their money out.. The bank goes bankrupt. In this situation. People are left with worthless coins, or unable to pull money out at all, even 10 years down the line.