I don't know but I think its a scam if you want want to spend BTC to get its crypto. But the premise of a social media site is fairly sound since we need more decentralized social medias. I don't think it has enough value to be back by the BTC.
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I have no idea about it.
Why do you think it is a scam?
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Because your got to spend BTC to get the crypto and improve your rank. I don't think there is a way to convert it back into crypto or fiat either. So its just a huge BTC sink.
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Ah yes from how you describe it, that sounds like a scam. Money going in and no a seeable way for it to come out.
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I don’t. I am on it and will post my HIVE posts there. I think it will be fine to be honest. See how we do.
i never heard of bitclout
what is this bitclout btw ?
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It's a new decentralized social media site and it incentivizes people to burn BTC for their crypto token. These people are ranked higher.
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