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RE: Is Steem a ponzi scheme? [repost, payout declined]

in #fight4steem7 years ago

what I like about steemit is that you can speak openly even these things without censorship on the platform itself, in any other company would not let you talk so openly on a subject as sensitive as this.

by the way, this sentence I do not understand
Several people mentioned the window to resteem this and I think it is concisely conveys concepts that are important to the success of this community, so I've reposted it with payouts declined.

I'm sorry I'm using the google translator and although I understand a bit I do not understand it well.

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The site is not without censorship. It is censorship resistant. There is a difference. Actors in the system can still decide to censor anything they want, but they are limited in their effect by their stake. The point is, censorship cannot happen from a centralised governing authority which blanket covers the entire platform. (Steemit Inc have the power to almost act this way through their enormous stake but have so far built some trust by not abusing this power too much)