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RE: When people will realise steemit is unsustainable and just an elaborate scam?
Raise money first and figure out a business model later! Seems to work for very well for a lot of startups in Silicon Valley.
But seriously, Steemit does have a lot of intelligent people in the community and behind the scenes. Also, apart from members here, crypto investors seem to be pouring money in (how else would STEEM jump to number 3 crypto market cap so quickly) and they're not stupid either. Steemit is definitely on to something big.
clearly you don't know what you are talking about. No VC will give you any money if you don't have a business plan! Anyways in a few month you will realise that it was all a pump and dump.