That's the definition of a Ponzi Scheme. The only hope Steem has of procuring value is if the money invested into people writing is invested into actual infrastructure. Given the Bitcoin whales have been defending and enriching their sovereignty for almost a decade now, I seriously doubt anyone involved in Steemit has the capacity to be the champion you need. The whales are too busy overpaying to get girls to join the party. I dunno...
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We'll see :D I think in six months/1 year we'll have a good idea about how this is all going