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RE: Why would you think steemit is a scam?
SCAM is anything people have a stake in (mostly financial) that is a failure right? With that said, every existing business with a no refund principle has a potential of becoming a SCAM if they crash in the future. It doesn't matter how old it has been in existence.
For instance, facebook has been a stable social network for many years and we all loved it well before steemit. We still do but if I buy adverts today on facebook and all of a sudden tomorrow they shut down, THEY ARE SCAM. This same rule goes for steemit and any other business out there operating in the same manner.
So it is preferable to say that steemit is NOT A SCAM FOR THE MOMENT but hey! Who knows what tomorrow brings forth.
No, a scam is anything that people have a stake in WHERE THE INTENT OF THOSE BEING INVESTED IN IS TO MAKE IT RICH AND CUT LOOSE. People can be WRONG about whether or not their model will fail, and people can make POOR INVESTMENTS and things can GO SOUR. tsu.co is an example of this.
You want a guarantee that your investments won't go sour?
Bank with the coercive monopoly (FIC insured; the best type of which is the government bond) that uses fear and the monopoly on force that will, without regard or concern for how someone's life is going, take money regardless of anything, which is what they do systematically anyway, corrupting and scamming people by default through deceit and twisted language.
Your investments will be safe for the moment, to the detriment of the future of humanity.
Such safety is the scam of calling an unpredictable future and things gone bad without ill intent, scams.
It's the same bullshit as, realizing that one was wrong, saying that you "lied" rather than were mistaken. Yes, WHO KNOWS what tomorrow might bring.
I guess life is the greatest scam ever, since today you might prepare,
and tomorrow you might be dead!
How unfair of life! What a scam!
Thanks for letting me know tsu.co is down. I was part of the community too. The question is HOW DO YOU KNOW THE INTENT OF THOSE BEING INVESTED IN? That is why I said in my comment that every existing business with a NO-REFUND POLICY is a potential scam. What if I buy steem power today and steemit.com strikes the same fate as tsu.co tomorrow when I have not made any profit from my steem power. What would you call that? People can play on people and you can never be sure of peoples intention. Not even actions can define people's intention.
So in that understanding, I can only agree that a business will never be a scam if people will have nothing to loose even if they shut down the next minute. Capiche? :-)