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RE: An Analysis of the White Paper: The Self-Nullifying "Scam" of Steemit

in #steemit8 years ago

The postvis insightful and well written. However, the fact that there are so many long articles trying to convince peoole that steem isn't a scam is suspicious in its own right.
You also ignored the allegations against the founders ot Steem, which accused them of mining 90% of the initial coins.

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I addressed that. You have to read the article.

a small note about pre-mining is NOT addressing the problem. It very much looks like these guys did everything they could to make sure they control the STEEM market (including making initial mining extremely difficult to understand).
Pre-mining is a huge warning sign in any cryptocurrency, and the guys on Steemit definitely aren't too transparent with what they've been doing with the premined coins.