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RE: Bitshares – The Cryptocurrency with True Industrial Scalability at 100,000TPS
ill just leave this hear.. https://steemit.com/steemit/@jimmiandersen/how-can-we-make-steem-sustainable-in-the-long-run im honeslty starting to think steem is a ponzi scheme, i dont give a fuck how many transactions are taking place, you think that equals money? steem needs adds or outside revenue, inflation at 100% ..crazy, the only thing keeping it going it hype and new users putting more money in, but what happens when that stops, you think steem just printing money is going to work lol.. i dunno i hope im wrog but the more i think about it, the more suss it gets.. Bit shares is good tho i guess :)
I dont think its a ponzi scheme but the way steem was and continues to be distributed may leave the platform open to major manipulation. Steemit is what it claims to be... a social network where users can get paid to blog. It never claimed to be anything else. This article focused on BTS and not steemit so I think you may have missed the point. Argue why BTS is better or worse from a tech standpoint when compared to other cryptos and then we would be on topic and have a good conversation going.
Think of it like this? were is the money coming from? bts tech is great.. but even bitshares is a well known ponzi scheme.. just google it..