Interesting... Where does the money come from?
While I'm reluctant to call it a scam, I can't see a future where Steemit, were it as popular as even Twitter, could be a viable business for anyone - if money only leaves the network.
I mean, users can buy STEEM and promote posts buy would that really cover all expenses?
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I did read it.
While there may be truth there, it doesn't mean you need to abandon the network. If you have no money at stake, you have nothing to lose.