Steemit learned me a very important financial lesson. They learned me the devastating powers of inflation. I remember the days that I was getting free Steems every week. But while the amount of Steem increased every week, in dollar terms it kept going down. Of course, those at the top of the ladder also got more Steem but more than the inflation rate. Steemit was the best central banking Ponzi scheme example possible. Weimark on hyperdrive. And now a few Gestappo whales are downvoting posts to make sure they don't earn too much money.
