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RE: It’s so easy to become a millionaire with Steem

in #steemit9 years ago

As someone who has written multiple (somewhat incorrect) posts on the Steem Power "interest" (which I now better understand to be share dilution), I understand how confusing this stuff is. You might want to clarify what aspect of what you're describing is actually exponential. @bacchist has written a rebuttal to your post, which you might want to address to ensure your audience has a correct understanding of how Steem actually works: https://steemit.com/interest/@bacchist/steem-power-interest-is-not-compound-interest

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Well, that certainly sounds better than "He is wrong!" Remember, the blockchain is forever, just like your reputation here.

I am not trying to hide anything. I thought some seconds after posting that 'incorrect' is a more meaningful word than 'wrong'. I was in quite a rush to quickly respond to @bacchist's FUD and lies. He knows how to contact me on Bitcointalk via private message. He could have discussed the issue with me first, instead of putting his foot in his mouth.