Its definitely a MLM scheme, with each layer feeding on the fervor of the layer below. I haven't been on Steemit in a few months, but when I last checked there was just so much rent-seeking behavior as to destroy the economic engine of Steemit.
Its definitely a MLM scheme, with each layer feeding on the fervor of the layer below. I haven't been on Steemit in a few months, but when I last checked there was just so much rent-seeking behavior as to destroy the economic engine of Steemit.
RE: Is Steemit one Big Chain Letter or MLM Pyramid Scheme?