I dont think its a ponzi scheme but the way steem was and continues to be distributed may leave the platform open to major manipulation. Steemit is what it claims to be... a social network where users can get paid to blog. It never claimed to be anything else. This article focused on BTS and not steemit so I think you may have missed the point. Argue why BTS is better or worse from a tech standpoint when compared to other cryptos and then we would be on topic and have a good conversation going.
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Think of it like this? were is the money coming from? bts tech is great.. but even bitshares is a well known ponzi scheme.. just google it..