Is something a ponzi if it goes on for decades? Seems like Steemit has a lot of growth potential - every currency is a ponzi in the modern age lol steem is "backed" by it's users and like any other currency, it's value is determined by demand. If there is no more demand steem price will tank - does that mean it's a ponzi?
Everything is a ponzi
Yeah unlike the dying ponzi USA dollar I think steem might go up in value.