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in #steemit8 years ago

I like your writing style. I've heard it said that Steemit is a Ponzi scheme. Have you taken money out. Are early adopters the only people who make real spendable money here? I should like to read more on the Ponzi angle and what you think about those who say that. Is new blood given a way to earn some rewards for their efforts here?

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I've been cashing out steadily since last July.

NO. Anyone who is consistent in producing quality content has an equal opportunity to earn themselves followers and good rewards based on the merit of the value they provide to the community.

Those who say it is a ponzi are ignorant due to their failure to understand the system and how is does come even close to the definition.