Message from @Grenade123
Discord ID: 479282236739551252
the price of it doesnt mean anything when you buy it since you can buy as small fractions as you want
but a fraction
it just means something if you factor in time
cryptos suffer the same problem as like bitchute
need a bunch of large fish to start using them to sell things
yeah
not necessarily large fish, just fish you want to interact with
your local drug dealer has to accept steemit for it to go up in value
no, it needs large fish. a few of them
like amazon, walmart, and target or something like that
places normies go
was the darknet silk road a large fish?
not really
like, public large fish
microsoft accepts bitcoin, but they dont even know that themselves when you contact support
well that is the problem
none are really out right supportive of it
its hidden away like a good return policy
well my point is, if we look at youtube for example, pewdiepie wasnt a large fish to begin with. youtube made him a large fish.
true, but that took time
someone told me steemit is a scam
seems too good to be true
oh then it must be a scam then, because hearsay
when i tried asking them how it worked I got a bs non answer
so i dug into how it works
sounds about right
I think its a game of hot potato
its akin to a ponzi scheme
so long as they claim its worth money people can cash it out
i was about to say that it seems like a ponzi scheme
everyone called bitcoin a scam
but they use I think 4 types of steem
well i don't know the fundamentals so i guess i don't know enough to defend it
cryptos are ponzi schemes IF the goal is to make money.
you need new investors to pay off current investors
so if you are selling steem as a way to make money, it is very much a ponzi scheme
I'm listening to this brand spankin new trans governor of Vermont on NPR rn
NPR, dear God.
Yep, my mom is a lefty
lmfao.
Anytime I've ever heard NPR it made me cringe.