RE: RE: Is Steem a Ponzi Scheme?
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RE: Is Steem a Ponzi Scheme?

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7y

No, that's not how STEEM works at all. There is a daily auto-generated reward pool in the blockchain code, and we vote up or down on various posts to distribute those rewards. You pay in nothing, unless you choose to buy STEEM, in which case it's a speculative purchase no different from any stock, bond, commodity, or other cryptocurrency.