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RE: Steemit is an elaborate elitist scheme - My Rebuttal Letter

in #steemit8 years ago (edited)

So much Onecoins! I will be so happy when that implodes, I think I've stumbled upon it more times than any other altcoin has, at first I was frustrated, but now it's really fascinating to see how something fraudalent can flourish for so long. Yes it doesn't have a blockchain, however (clearly) it's marketed towards cryptocurrency audience. I have a memo from a respected lawyer firm in Sweden that actually says there is nothing wrong with Onecoin, from a legal stand point. In US, yeah that can vary.

Scams aren't necessarily bad, most of them are of course and, in the end of the day, every scam provides incentive. If that incentive is fully or partially realised, is another thing. If it doesn't then it's fraud.

My article was mostly satirical, but it was some direct thoughts aswell! I'm perfectly aware I can be wrong and exposure is fun, too. But still, I don't think Steemit will be awfully successful, that's my gut feeling and I will end it on that note.

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Thanks for your reply. I can't stand Onecoin with a passion.