What the hell is going on under the hood of steemit by masicampbell

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· @masicampbell · (edited)
$104.67
What the hell is going on under the hood of steemit
<center><b>Steemit a Revolution in Social Media or a Ponzi Scheme? Tone Vays [YouTube Interview]</center></b>

Hey guys take a look at the interview: @csthetruth - Tone Vays 
https://www.youtube.com/watch?v=7Cax1CDEcd4


 Although this interview is quite negative, here are some neutral/positive points for Steemit.


- Check the spanish version at the end. -


<center>![0_eFs5ImPahElwnGp9.png](https://steemitimages.com/DQmVHi4oB655EA5jr7iHHd6cuLiB9TVuyisvoYJRqhzjv67/0_eFs5ImPahElwnGp9.png)</center>


* What is Steemit?
It is a forum and a wallet.

* Is Steemit a scam?
No, however, many people is been getting confused by its format.

* Is steemit centralized?
Yes, the content is steemit is censored and also centralized since the users who own majority of the supply get to decide which posts make it to the front page and which posts get higher payouts.

* Do the community really value good content or is it a matter of popularity?
Hard to say. I have seen content that really does not seem to be so good in "Trending" or "Hot" what makes anyone feel discouraged. However, I believe that there is a good potential in steemit, people who are really dedicated to sharing top quality content, here I share a few of them:

<b>Trending</b>
Crypto purification
https://steemit.com/cryptocurrency/@cicbar/crypto-purification
THE TRUTH
https://steemit.com/truth/@suesa/the-truth


* Is steemit a blockchain?
Steem.it is a blockchain-based social media platform where anyone can earn rewards by posting relevant content. However, the philosophy of blockchain is to be decentralized technology, transparent and incorruptible, and solves the problem of manipulation, which makes people mad about it, because this specific detail differs from what the blockchain is, if we take into account that comments can be flagged and even names. 


But  as a community, steemit has its rules, from there I understand that some comments or names are censored, and this must be independent of what the blockchain is supposed to be.




"It's everyone's personal choice to be involved in Steemit or not. I'm in. You make your own choice."@anduweb




Sources:
https://www.investinblockchain.com/steem-steemit/
https://medium.com/crypt-bytes-tech/steem-steem-blockchain-based-social-media-platform-889f7f3c3245
https://blockgeeks.com/guides/what-is-blockchain-technology/


![stee.png](https://steemitimages.com/DQmYQ9wYJ5oWMkLhz4vu9vAdNNJdVQo3kFEkwnALvaqmbgp/stee.png)


<center><b>Spanish version</b></center>


Hola chicos, acabo de ver esta entrevista: @csthetruth - Tone Vays
https://www.youtube.com/watch?v=7Cax1CDEcd4


 Aunque esta entrevista es bastante negativa, aquí hay algunos puntos neutrales / positivos para Steemit.


<center>![0_eFs5ImPahElwnGp9.png](https://steemitimages.com/DQmVHi4oB655EA5jr7iHHd6cuLiB9TVuyisvoYJRqhzjv67/0_eFs5ImPahElwnGp9.png)</center>


* ¿Qué es Steemit?
Es un foro y una billetera.

* ¿Steemit es una estafa?
No, sin embargo, muchas personas se han confundido por su formato.

* ¿Steemit está centralizado?
Sí, el contenido steemit está censurado y también está centralizado ya que los usuarios que poseen la mayor parte del suministro pueden decidir qué publicaciones llegan a la página principal y qué publicaciones obtienen pagos más altos.

* ¿La comunidad realmente valora el buen contenido o es una cuestión de popularidad?
Difícil de decir. He visto contenido que realmente no parece ser tan bueno en "Tendencia" o "Hot", lo que hace que alguien se sienta desanimado. Sin embargo, creo que hay un buen potencial en Steemit, personas que están realmente dedicadas a compartir contenido de alta calidad, aquí comparto algunas de ellas:


<b> Tendencias </b>
Crypto purification
https://steemit.com/cryptocurrency/@cicbar/crypto-purification
THE TRUTH
https://steemit.com/truth/@suesa/the-truth


* ¿Steemit es una cadena de bloques?
Steem es una plataforma de medios sociales basada en blockchain donde cualquier persona puede ganar recompensas mediante la publicación de contenido relevante. Sin embargo, la filosofía de blockchain es ser tecnología descentralizada, transparente e incorruptible, y resuelve el problema de la manipulación, lo que hace que la gente se enoje con que este detalle específico ya que difiere directamente de lo que es blockchain, si tenemos en cuenta que los comentarios pueden marcarse y incluso nombres. 


Pero como comunidad, Steemit tiene sus reglas, a partir de ahí entiendo que algunos comentarios o nombres sean flageados, y esto debe ser independiente de lo que se supone que es la cadena de bloques.



"Es elección personal de todos estar involucrado en Steemit o no. Estoy dentro. Tú eliges". @anduweb




Fuentes:
https://www.investinblockchain.com/steem-steemit/
https://medium.com/crypt-bytes-tech/steem-steem-blockchain-based-social-media-platform-889f7f3c3245
https://blockgeeks.com/guides/what-is-blockchain-technology/
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@jacob7 ·
Send 0.01 SBD bids to @minnowbacker with the link to post you would like voted on as the memo! You will receive a 2x profit.
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@wang11 ·
Send 0.01 SBD/STEEM bids to @minnowbacker with the link to post you would like voted on as the memo! You will receive a guranteed profit.
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@mustch42 ·
THE FUTUR YES
👍  ,
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@cryptoslicex · (edited)
Steemit shares some things ponzi schemes do. But atleast its backed by content instead of nothing. I feel most people get invovled because of the money but over time find that there is some quality content worth reading. Well thats what happened to me anyway haha
👍  
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@masicampbell ·
like many people... who could say NO to money :)
👍  
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@cryptoslicex ·
Haha thats true. Nothing wrong with trying to earn some extra. People well use it for both
👍  
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@legioncommander ·
What do you mean by things from Ponzi? Guys that joined first get more votes(=money)?
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@cryptoslicex ·
You pay 1 steem dollar to an upvote bot and get 2 back. Kinda ponzi schemeish
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@mawit07 ·
$0.05
Nothing is perfect and hopefully steemit will evolve into something of greater value than what we see today. That way the early adopters can earn a few bucks when steem appreciates ;) Thanks.
👍  ,
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@masicampbell ·
Amen!
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@its.parth.hey ·
I have faith in this platform
👍  
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@masicampbell ·
We are here bc we believe
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@mulyanti ·
Enjoy with steemit get crypto at steemit... love world steemit
👍  
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@masicampbell ·
$1.69
![U5dsoJJ1YpF4sqSF8yeyjita4S3EzGJ_1680x8400.jpg](https://steemitimages.com/DQmdL3aRBnopn54rDYmNZHtUqk6gnFyztEdfvhWbX43nFg2/U5dsoJJ1YpF4sqSF8yeyjita4S3EzGJ_1680x8400.jpg)
👍  , ,
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vote details (3)
@mulyanti ·
Hahahaa LOL images...😅😅😅
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@jassi ·
$0.05
hahhaha good one
👍  , , ,
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@booster ·
<p>This comment has received a 1.07 % upvote from @booster thanks to: @jassi.</p>
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@prabhdeep ·
Good
👍  
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@masicampbell ·
Great
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@pouchon ·
$0.69
Steem needs to get big and strong. At the same time whatever size Steem is, you still can make ends meet.
👍  , , ,
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@masicampbell ·
like any other crypto, steem is kinda new and needs to grow.
👍  ,
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@cecilswall ·
.....and gonna be strong with us
👍  ,
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vote details (2)
@resteemable ·
**Your Post Has Been Featured on @Resteemable!** <br> Feature any Steemit post using resteemit.com! <br> **How It Works:** <br> 1. Take Any Steemit URL <br> 2. Erase `https://` <br> 3. Type `re`<br> Get Featured Instantly & Featured Posts are voted every 2.4hrs <br>[Join the Curation Team Here](https://goo.gl/forms/4sr0InoTxcyPRQSj2) | [Vote Resteemable for Witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=resteemable&approve=1)
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@saadbagas ·
Nice post dear good 1
👍  , ,
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vote details (3)
@masicampbell ·
Thanks! :)
👍  
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@saadbagas · (edited)
Its my plzer dear
👍  , , ,
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vote details (4)
@postpromoter ·
re-masicampbell-what-the-hell-is-going-on-under-the-hood-of-steemit-20180404t084603426z
You got a 2.43% upvote from @postpromoter courtesy of @masicampbell!

Want to promote your posts too? Check out the [Steem Bot Tracker website](https://steembottracker.com) for more info. If you would like to support the development of @postpromoter and the bot tracker please [vote for @yabapmatt for witness!](https://v2.steemconnect.com/sign/account-witness-vote?witness=yabapmatt&approve=1)
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@syawalkoki ·
nice post
👍  
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@masicampbell ·
:)
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@buicongson ·
Thank.
👍  
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@masicampbell ·
*-*
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@farine ·
Just joined steemit but am loving it and have high hopes in this platform
👍  ,
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@masicampbell ·
Welcome to the platform, I wish everything work out for you too. <:
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@elvielins ·
read some of your article here. Thanks for upvote and following me. Appreciated it. Question, How do I transfer sbd? or do you mean steem dollars.. He he he... I am new.. so still confuse and I am damn with crypto. I am still learning. trying my best. gosh... heheheh
👍  
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@masicampbell ·
If you want to transfer sbd go to your wallet/STEEM DOLLARS/Transfer/Type the user name/Amount/memo(optional)
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@newsup ·
Hi @masicampbell please follow @newsup thanks
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@mayende ·
We going to promote steemit and actually make bugger and bigger because it aplatform where we actually earn and also express our views . so were to do oyr best to promote it and thanx to all of those who are doing so
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@cortexx ·
$0.69
so long as there's a development to the platform and gives value to people, it isn't a scam. you can check their github they quite active. :)
👍  , , ,
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vote details (4)
@masicampbell · (edited)
That's why I am i  steemit :)
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@heyimsnuffles ·
STEEMIT has so much potential with the blogging world it is insane IMO
👍  , , ,
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vote details (4)
@afsheel ·
yep totally agree personnel choice me  i am giving it a go and see if my interest stays or i move on
👍  ,
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vote details (2)
@masicampbell ·
I understand you
👍  
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@briraj ·
It is worth to read this post, as this a great debate whether it is a scam or not. Here I have seen that some one liner post get more upvotes than a good matter of contents. This feels sometime discriminated sometimes. It might be possible that they are supported by bots or their reputation scores are higher.
👍  
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@masicampbell ·
sadly seems that bots play a huge role now
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@raulcyrus ·
muy buen post siguiéndote para ver lo nuevo
👍  
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@masicampbell ·
Muchas gracias por tu apoyo!
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@bestboom ·
This post is resteemed and upvoted by @bestboom
👍  
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@steemitboard ·
Congratulations @masicampbell! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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Click on any badge to view your own Board of Honor on SteemitBoard.

To support your work, I also upvoted your post!
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👍  
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@chovie ·
this hurts my eyes to read
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@masicampbell ·
![1fdr9c.jpg](https://steemitimages.com/DQmPh9YrnK5J1PWbJGMzLu2w28i3oxmNXbqq7QnvnBqZHQ1/1fdr9c.jpg)
👍  
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@matty84 ·
Nice picture with Putin :)))
👍  ,
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@masicampbell ·
haha!!
👍  
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@mmo-mmo ·
Thanks for the post, I am new to Steemit and have been struggling to understand what it really is and how it works.
👍  ,
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@masicampbell ·
Glad to know that you could find some answer in this post. :)
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@cloudguise ·
Tone is a one trick pony Bitcoin n Maximalist. He also has issues with Dan Larimer.
👍  
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@masicampbell ·
which would explain some things. Thanks
👍  
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@cloudguise ·
https://youtu.be/_Y6C_cAYtOw
👍  
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@cloudguise ·
That link has an interview with Tone Vays and Dan Larimer on the phone. Clearly Tine makes an accusation and Dan corrects him... over and over and over.
👍  
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@miss-j ·
i wish there was a way to get value for sharing outside of steemit, to tally likes, and get some kind of reward for bringing new eyes to steemit that way. its unbelievably hard to get people to sign up when it takes weeks to join, and by then your post is in the dustbin of steemit history.
👍  
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@masicampbell ·
Two weeks? for me was like 2 days.. as far as I can remember. But like someone said: steemit is growing
👍  
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@miss-j ·
yeah, it took me a little over a week and a half, but ive seen alot of comments of people who were waiting upwards of two weeks and still no email.
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@cecilswall ·
Nice post !
And as you I'm also in.
I hope to contribute with good content
👍  
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@masicampbell ·
Thank you!! I hope to see you posting soon :)
👍  
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@hmendes00 ·
I don't understand why people get so mad when someone posts something not that interesting, but that goes "viral". Sometimes we just want to read something that can makes us laugh.
👍  , ,
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@anyasiemmanuel ·
Steemit is not a scam but a platform to get rewarded for ones creativity. Since i joined steemit i have become a better writer.
👍  ,
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@masicampbell ·
right! it helps us grow in different ways
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@dailyfeed ·
Great new platform for game streaming when all the other channels like twitch and youtube are highly competitive. The community around the Dapps are amazing as well. Take Dlive for example, I have been streaming on there for about a week and have already met a few other game streamers and have been playing with them since. You feel much more connected with the people on here because you're not just adding onto a big ocean of content (like youtube or twitch), but rather creating content and channels that are actually developing the channel and providing a reason for people to tune in. Love steemit and the Dapps!
👍  
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@masicampbell ·
I havent try Dlive yet but I'm tempted to do it, Your comment encourages me even more.. Maybe very soon.
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@femseen ·
Good! I just need to stay focus and get more new ideas to earn on this steemit.
👍  
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@masicampbell ·
That's right!
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@cryptosupport ·
In Blockchain technology we trust :)
👍  
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@masicampbell ·
Blockchain tour the force :D
👍  
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@princessv ·
Hey, nice post ! I like your content. Keep up the good work! It's always nice to see good content here on Steemit! Congratulations
👍  
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@masicampbell ·
Thank you @princessv!
👍  
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@huanghongyie · (edited)
Before i comment, I need to say that currently, I have some  holding in cryptocurrencies, (BTC, LTC, DOGE, XMR) but zero in STEEM. Never thought STEEM going to be so lively. 
I've been watching STEEMIT since the beginning. It start with very sceptical view. I once underestimated  STEEM, never expect it will reach so far. From what I have seen so far, STEEM have passed the test of time. Enough to draw my attention ( don't know if it means anything to the community :D ). I will hang around and pick some good article & writers to follow. Let's make a good one.
👍  ,
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@forgetsharif ·
![upfostee.gif](https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/upfostee.gif)give me back upvote and follow always give you upvote
😍😍😍😍😍😍😍😍😍
https://steemit.com/@forgetsharif
😍😍😍😍😍😍😍😍😍😍😍😍
✌✌✌✌✌✌✌✌✌✌✌✌
✌✌✌✌✌✌✌✌✌✌✌✌👌
☺☺☺☺☺☺☺☺☺☺☺☺☺
👎  
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@ozwald ·
$0.02
Is something a ponzi if it goes on for decades? Seems like Steemit has a lot of growth potential - every currency is a ponzi in the modern age lol steem is "backed" by it's users and like any other currency, it's value is determined by demand. If there is no more demand steem price will tank - does that mean it's a ponzi? 

*Everything is a ponzi*
👍  , ,
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vote details (3)
@mysearchisover ·
$0.52
Yeah unlike the dying ponzi USA dollar I think steem might go up in value.
👍  , ,
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@mysearchisover ·
$0.35
I think steemit is better than Facebook. Facebook is worth over $400 billion. There is some pyramid scheme qualities to steemit but you can make some money and your votes are worth money even if it's not much. I don't think the top 30 whales have the time to monitor every single steemit account. I also think Dtube is better than Youtube. What "laws" does Youtube follow? 

Proof of work uses a lot of power.
👍  , ,
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@transparencybot · (edited)
<h3>This post which has a payout in excess of $50.00 has utlized one or more bidbots.</h3>

smartsteem payout in the amount of $7.44 USD.
appreciator payout in the amount of $8.44 USD.
buildawhale payout in the amount of $13.02 USD.
jerrybanfield payout in the amount of $8.05 USD.
upmyvote payout in the amount of $7.54 USD.
big-whale payout in the amount of $0.12 USD.
postpromoter payout in the amount of $9.16 USD.
rocky1 payout in the amount of $6.62 USD.
therising payout in the amount of $1.81 USD.
upme payout in the amount of $7.03 USD.


**This information is being presented in the interest of transparency on our platform.**
**Please consider the long term effect on our platform before using bidbots!**
You can read more about how bidbots are affecting our platform [here](https://steemit.com/introduceyourself/@transparencybot/transparency-bot-is-going-on-line-to-help-fight-the-rampant-rise-in-bitbots-and-their-long-term-devastating-effect-on-our).



@masicampbell, The community appeals to you, please help build a great platform by posting quality content and letting the community curate you work.

Please consider supporting @transparencyBot by upvoting this comment.
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@supernova55 ·
Lets make Steemit a great succes with each other. Great article.

Upvote & Follow :)
👍  
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@wildlocusthoney ·
I am two weeks into steemit and just yesterday realized that the money flows to power and power flows to money, just like everywhere else, and that AI programs can autoharvest my author rewards faster than I can. Still a worthwhile media platform, but it took me awhile to catch on to the economics and politics.
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@mayende ·
Am pretty sure steemit is too big bigger than many socila media platforms because it actually offers value to peoples posts and work not only just benefiting its owners
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@gavinci13 ·
I am new to this. I haven't even got far yet of knowing how to make $ from this; however, I heard that your chance of earning from your article is only available for 7 days. I am quite skeptical because of this. I hope someone can explain why the creator will only get some during the first seven days of the article. How about the future upvotes that your article might get? I appreciate if someone will take time to explain this to me. Thank you.
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