My grandmother loved hot air balloons and flew her own for a long time. Have an up vote. I hope your trip goes well

I know it's not a traditional ponzi scheme. That doesn't change the fact that it's entirely useless as a content aggregator, since only whale posts are ever seen. This site is going to die in a matter

And before it finally collapses, they have a method for making tons of money off the ponzi scheme. Minnows won't notice until the platform is already dying. Oh well, no skin off my back. Enjoy your spam

Not really. It's just that some of us understand how platforms like this work, and if they are designed in such a way to silence thousands of regular users in favor of a few rich whales, they will quickly

Sorry but I call bullshit. I've looked into some of these supposed "newbies who made thousands off their first post" and every single one powered their account and/or used sock puppets with powered

Steemit is basically Digg v4 from the beginning: all for power users to get their advertisements seen.

This exactly. As it is, Steemit is simply a giant advertising space for the whales. Original content is never seen because normal users don't have the weight to push it up, even voting in the hundreds,

The spammiest, clickbait content gets to the top. It's obvious that Steemit is not working as a content aggregation platform at all, since content is stagnant as hell, and of extremely low quality.

Yeah, everyone started at zero.... except whales who deposited hundreds of thousands of USD into their accounts in order to give themselves massive vote weight, so that it is trivial to send their own

I'm leaving Steemit as soon as my account is powered down over this crap. Right now due to the way everything works, Steemit operates like a ponzi scheme for enriching the early whales and their friends.

I'm just trying various things. Those are the things I happen to be interested in. There are a dozen people posting lists about "How I made a billion on Steemit" and pushing it to the top with

It would be great if that were true, but we have to face the facts. This isn't my first rodeo, and I'm not a layman in this sort of thing - designing systems like this. These problems are systemic and

But wait, there's more. Eager to hear what you have to share :)

I'm going to give it a few weeks, but if the situation doesn't improve and there isn't a mechanism for posts other than those voted by superusers to be seen, I'm probably out. I've seen posts voted by

This seems like it will rapidly become a major problem.

That's quite a decent idea, from the face of it. Almost like the (destroyed, sadly) Estate Tax, which was intended for a similar purpose in meatspace.

Yup, that's exactly my worry. If the superuser class that has gained hundreds of thousands of Steem power start creating secondary accounts, no one will be able to stop those accounts from also being rocketed

New to Steemit, long time fan of crypto. Great post :)

Please do, more people need to know how awful she is.

Very good point - the platform itself was not compromised, which is great.