"Depends if you see it as money or an investment, doesn't it?"
Not really! If I own stocks, I can sell them them the same day, and get my money back.
"And where is a value promoted?"
Virtually everywhere on the Steemit platform! On every post, we can easily see the claimed allocations of rewards for "authors" and "curators". Yet nowhere on the Steemit site does it show how exactly curator rewards are broken down. It would stand to reason, in the mind of any logical person, that if there is going to be a payout of say $5.00 to 10 curators, that they would each receive ~$0.50. But as we all know, that is not the case. In fact, 1 or 2 of those select curators will get the vast majority of that $5.00, while the remaining 8 or 9 curators will get less than 1 cent each. That I call nothing more than fraud...a real ponzi scheme aimed at harvesting money by those at the top, at the expense of the naive at the bottom.
Only a fool would ever invest in Steemit. Yes, I was a fool, but I am on my way out (waiting for power-down).
RE: Power down issue: is it a zero sum game? Or can we have options?