"It can however, run out of "cash-on-hand"." That is true! But as we know, it does not take long to start up those printing presses. Of course that it not a good thing because it simple

"block calls you don’t want to receive" There is no app available today which can actually block calls on a cellular phone. The best any of them can do is prevent your phone from ringing while

The FDIC is an agency of the Federal Government. In reality, it can never go broke. All FDIC insured accounts will get their money back in case of a bank failure. That's the whole point "If you promise

"It's the mother of all ponzi-schemes" No, fractional-reserve-banking is NOT a ponzi scheme, simply because customer deposits are insured. As such, customers are not at risk of losing their money.

"And I don't personally see a problem with that." While I might also agree with that, someone needs to tell some of Steemit's biggest members to STOP black listing members for posting such articles.

"And that's probably where most of steem's potential growth lays." Not really! They may be initially interested in joining Steemit to make money from curating articles, but as soon as they discover

"The kid paying hundreds of thousands of dollars for a college education has certainly been told they will be able to at least double their ROI." Perhaps, but at least the kid got the education

"The overwhelming majority make less-than-break-even for the electricity they pay to run their computer(s)." Agreed! So what's the point? Is this whole Steemit thing really worth it, or are we

"If you could contribute something positive toward moving the platform toward a democratic process for choosing our top twenty witnesses, that would be enough." Personally I would completely

"What positive changes do you want to see? Lets talk about that and find ways of getting closer to making that happen." Fair enough! Here are 6 for starters... Change the member

"But when steemers choose to purchase more steam power that doesn't directly benefit those who joined before them or those that referred them." Sure it does! The whales benefit (earn) from

"... which I personally believe are working against building our user base." If we are to be honest with each other and with ourselves, I am quite sure that you realize that under Steemit's current

$500 is not a lot of money to make, but it would certainly not be bad for a small hobby. But let's be honest! What percentage of Steemit members make anywhere remotely close to that amount, and what percentage

No, that is not a correct analysis. First of all, no offer is made in any of the above scenarios that the purchaser will actually make money from their investment, and in all the above cases, the purchaser

Thanks for your reply! "I'm not sure I would personally call steemit a "ponzi-scheme"" A "ponzi scheme" is any scheme in which you invest money, and by its design, essentially

That Steemit is essentially run as a ponzi scheme, since it is virtually impossible for the average member to make any money despite claims made that it pays curators for their upvotes. What Steemit does

Not to worry! Steemit will soon be shut down due to its fraud and corruption. Official complaints have been filed accordingly. Official complaints have been filed with the following Government Organizations

COMPLAINTS FILED AGAINST STEEMIT Unfortunately because of a few scumbags like the following members, Steemit's days as a viable forum are quickly coming to an end, because it has essentially turned into

COMPLAINTS FILED AGAINST STEEMIT Unfortunately because of a few scumbags like the following members, Steemit's days as a viable forum are quickly coming to an end, because it has essentially turned into

COMPLAINTS FILED AGAINST STEEMIT Unfortunately because of a few scumbags like the following members, Steemit's days as a viable forum are quickly coming to an end, because it has essentially turned into