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RE: Is Steem a ponzi scheme? [repost, payout declined]
Those are steem founders's wallets, they own a shit loads of steem yes i know. They own about 80% of steem .
You know what's funny is that they tell you to power up but they are powering down all 3 accounts and cashing out $2 Millions every week. @troglodactyl
Let's put everything into perspective here. Do you know what the costs are to run a centralised website interfacing with a decentralised blockchain? How many images do you think Steemit.com hosts and how much internet bandwidth do you think is used to serve said images as well as millions of domain impressions per day?
On top of that, running an office, paying tens of staff a competitive salary such that they have no reason to work somewhere else, and building a buffer of funds to prepare for distressed periods as what were beginning to see in crypto right now.
Don't pretend you have a better idea how to run a billion dollar company. Try empathise some first.
Which ones are founders accounts?