You know SBI but do you remember Bernie Madoff Ponzi Scheme by mmmmkkkk311

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· @mmmmkkkk311 · (edited)
You know SBI but do you remember Bernie Madoff Ponzi Scheme
https://www.moneycrashers.com/bernie-madoff-ponzi-scheme-explained/

I'm not saying that SBI is a ponzi scheme but tell me what is gonna happen when sbi owner decides to cash out? His business model is unclear and designed to milk the Steem blockchain.

Use #sbi-skip to get rid of annoying downvotes.
<hr>
Edit

>After more than a decade of duping the SEC and his investors, Madoff saw his scheme lose <b> ~~steam~~ STEEM </b> in late 2008. He was borrowing  <b> ~~money~~ STEEM POWER </b>  and couldn’t keep up with all of the investors who were desperate to liquidate their assets as the market continued to deteriorate
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vote details (22)
@condeas · (edited)
$0.03
[![Bildschirmfoto_2019-12-05_18-23-51.png](https://cdn.steemitimages.com/DQmXiWcZos4r2RvvugejzamyPQ6ZFwhNR4ncNChvJoctj6y/Bildschirmfoto_2019-12-05_18-23-51.png)](https://www.youtube.com/watch?v=hs8WNk8tDsg)
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@mmmmkkkk311 ·
Flower Power! Peace brother, peace!
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@condeas ·
$0.10
Niestety, nie.
Karzesz niewłaściwych ludzi, myślę, że jest inny sposób.
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@bitandi ·
Stop Downvotes give me Upvotes please 😁
Is better for me.
Greetings from @bitandi 
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@mmmmkkkk311 ·
sure
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@mk311isabully ·
message
<h1> <center>@mmmmkkkk311 is attempting to use his flags to intimidate Steemians into abandoning their support for @steembasicincome.  </center></h1>
 He baselessly claims it is a "ponzi scheme" which just shows that either he doesn't understand how it works or (more likely) he just doesn't understand what a ponzi scheme even is! And the blatant hypocrisy in him trying to fight "vote selling" when that is exactly what he did with his bidbot! As as bidbot owner with over a dozen alt accounts he is in no place to judge what is right or wrong here on Steem. Now he is mad that his scam has ended. So like an upset child, he has decided to take out his anger (caused only by his own failures) on other innocent people. Making him nothing more than a big bully! </center>

<h1>[MK admits to running a bidbot](https://steemit.com/polish/@mmmmkkkk311/q1yl1g)<br>
[Actual account who was "wrecked by @mmmmkkkk311 (for holding sbi shares)"](https://steemit.com/@yapcat)</h1> 

<center>![bully.png](https://cdn.steemitimages.com/DQme93AAtdu34nNe7FdPVj9Hb87yxNURuCqjymmCxPZg5iN/bully.png)</center>
I am here to counter @mmmmkkkk311's bullying. I will upvote every post/comment that he downvotes. You can support my anti bullying upvotes by delegating (links below) Steem Power to @ilovemk311.  And you can help keep this message visible by upvoting this comment or by purchasing SBI shares for @mk311isabully which will help to counter the downvotes that @mmmmkkkk311 will surely send my way. Which I highly encourage him to do as the more downvoting power he wastes on me the less he can use to downvote the real content creators here on Steem that would otherwise become his victims!

#### Choose a delegation amount
#### [5](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=5%20SP) | [10](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=10%20SP) | [20](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=20%20SP) | [50](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=50%20SP) | [100](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=100%20SP) | [500](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=500%20SP) | [1000](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=1000%20SP)

<center>![external-content.duckduckgo-1.jpg](https://cdn.steemitimages.com/DQmXherYBb4UFXugp6fz2NTU741c2z9tnXUotPQWQtVGxXx/external-content.duckduckgo-1.jpg)</center>

<h1> <center>I ask YOU my fellow Steemians to help me take a stand for our Steem community. </center></h1>

With this jerk bullying innocent people we are seeing many great content creators leave due to the drama and negativity that @mmmmkkkk311's downvote campaign brings to the blockchain. While he claims he is trying to defend his investment he is actually unwittingly destroying it. 

SBI is an initiative that has done nothing but help promote onboarding and community building here on the Steem blockchain. Let us not turn our back on it out of fear for getting downvoted. Instead lets stand up for this great initiative that has helped so many people and helped the Steem community to grow and thrive!</center></h1>

<center>Thank you.</center>



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vote details (3)
@balte · (edited)
Tut mir leid für das downvote von @markymark, meine SP für ihn als Witness entziehe ich dem Kollegen (so ich sie denn über meinen proxy gesetzt habe, das klär ich) , wenn das so bleibt. Beste Grüße.
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@condeas ·
$0.09
Hallo @balte
Auch wenn es nicht so wirken mag aber der @markymark ist mit einer der zuverlässigsten Witnesses und hat auch schon sehr viel für Steem getan. 
Du solltest Deine Witnesses Votes nicht durch einen Downvote ändern, sondern lieber an dem messen, was sie für die Community tun. 
Durch Deine SP hast Du sehr viel Macht, gute und zuverlässige Witnesses zu unterstützen. 
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@condeas ·
😂😂😂
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@tristancarax · (edited)
Let's address what we have [here](https://steempeak.com/downvotes/@mmmmkkkk311/use-sbi-skip) and [here](https://steempeak.com/@mmmmkkkk311/the-reason) first before jumping from ship to ship.

Is your opinion correct? Learn what has been said about steemit -[Sovryn Tech Ep. 0187: "The Steaming Pile of Shit Called Steemit"](https://tunein.com/search/?query=The%20Steaming%20Pile%20of%20Shit%20Called%20Steemit) - because if we listen to him, which I did once and that sucked because steem went way up in value and I was upvoted like crazy when I left the first time, YOU, including you, @mmmmkkkk311 should NOT be here. 

Your responces have been trash and you're not helping people understand what it is you think you know.
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@tristancarax ·
$0.02
I tell you what, @mmmmkkkk311, how about you come to check out my [brand new contest](https://steempeak.com/31sentencecontest/@tristancarax/7sycq7-the-31-sentence-contest) so that you can get a taste of what it is like. Enter if you wish (you're not guaranteed to win and, yes, quite possibly, I might be biased as fuck when it comes to your entry but don't let that stop you. You just might amaze me and EARN! your reward).

Guaranteed, unless there is nothing but shitty people writing who managed to tell a story within the guideless, I won't be handing out @SBI shares to people who haven't worked for it. - Trust me, this exercise isn't easy and most of the writers that will write for this contest will be receiving nothing close to what they might actually be worth. In addition, almost guaranteed, these writers who win will continue to produce the best work they can. Yet, by your standards, this is wrong and their work should not be rewarded in the way that I wish to support their work.

How about stopping by and throwing some of that fat whale ass around? I'm sure people would appreciate a fat upvote for the work they produced - that most likely still isn't going to be what they are worth.

You can't survive alone on this platform without us producing content. We are underpaid and overworked for the service that we offer you. Your small upvote won't make us wealthy but it will keep quality people coming back to this platform that pays them far below what they are worth
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@tristancarax · (edited)
$0.04
@josephsavage, in this [article](https://www.moneycrashers.com/bernie-madoff-ponzi-scheme-explained/) we find the 4 signs of a ponzi scheme to look out for. Can you address them? You'll find my experience down at the bottom.

>4 Signs You’re Looking at a Ponzi Scheme:

>Bernie Madoff’s scheme was legendary, but there are probably thousands of similar schemes going on at any given time. During bad economies and recessions, when people are desperate for easy money, victims are abundant. To avoid getting caught in one of these webs, you need to know what to look for.

> Unclear business models. Crafters of Ponzi schemes will try to distract you with big numbers, hoping that you don’t notice that the business doesn’t make sense. In hedge funds or investment pools like Madoff’s, the numbers won’t add up if you take the time to look at them. Schemers will often discourage you from asking questions or run around them every time you do.

>Aggressive sales techniques. Have you noticed how scam artists will go to any length to get someone to sign up with them? If they were for real, they would just let their results speak for themselves.
    
> Promises of high returns for no work. Anyone who tells you that you can get rich quick is probably doing something illegal. If someone promises you “easy money,” don’t give them a moment of your time.
    
> Difficulty withdrawing funds. Madoff’s scheme was unusual, because he made it easy for investors to withdraw their money fairly easily. Generally, a Ponzi scheme discourages its investors from withdrawing and creates delays for dispensing funds.

----

From what I've seen, the business model is pretty straight forward and can be [found here](https://steempeak.com/services/@steembasicincome/let-s-talk-about-upvoting-bonuses). Yeah, there are some big numbers and things I don't understand about how it really works, but then again, steemit has big numbers and I don't understand all of that either. I'm not a tech. guy or a great businessman.

Never, and I repeat, never has anyone aggressively sold me on buying into @sbi shares. In fact, people have willing bought me shares (either by earning it through my hard work in a contest or they wanted to support me because they value my work). So, you're looking good here.

Hahaha! High ROI and no work!?!? As a homeless dude, I FUCKING WISH!!! No, instead, I've put in long hours producing content and have, for a vast majority of my post, received very little compensation. As discussed [here](https://steempeak.com/polish/@josephsavage/re-tristancarax-q21xkg), after nearly two years sponsoring and being sponsored, I might be, or am, in the green, finally! 

I've never tried to withdraw. Is it difficult? Do you have examples?

On another note, I don't know @josephsavage personally and I can't say that he won't do what this 
@mmmmkkkk311 promises he will do, but for now until proven otherwise, I'm investing in @sbi and will continue to keep what I've invested in @sbi there in @sbi.

One last thing, it has been stated quite clearly that steemit is a ponzi scheme by [Sovryn Tech Ep. 0187: "The Steaming Pile of Shit Called Steemit"](https://tunein.com/search/?query=The%20Steaming%20Pile%20of%20Shit%20Called%20Steemit) by another almost three years ago. If you take @mmmmkkkk311 seriously, then you must withdraw from steemit completely. - I will not be doing so because when I listened then, HE WAS WRONG and I lost. Sucks for me. Moving on.
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vote details (3)
@mmmmkkkk311 · (edited)
What we are talking about here? I'm telling you that he keeps all community funds and he is the only person who can cash out. Do you trust guy from some website coz he said he is not gonna scam you? Maybe that's why you are homeless (sorry about that but life is brutal, you know better). What if he will need cash? Cancer, divorce, bancruptcy ete, etc...

Anyways, even if everything is legit, I'll keep downvoting because this circle is hurting my investment. 

A payout decline will be official reason
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vote details (2)
@tristancarax · (edited)
First off, [The Body Keeps the Score: Brain, Mind, and Body in the Healing of Trauma](https://www.amazon.com/Body-Keeps-Score-Healing-Trauma/dp/0143127748?SubscriptionId=AKIAILSHYYTFIVPWUY6Q&tag=duckduckgo-ffab-20&linkCode=xm2&camp=2025&creative=165953&creativeASIN=0143127748) will help to educate you out of your ignorance and then we may speak about some of the reason of what may have lead me to be homeless, along with the rest of the homeless population, which is extremely high here in the U.S. at the moment. You can't help fix a problem you don't understand. Your rhetoric throughout the feeds, thus far, seems to come from a very privileged place (I'm not hating on it either). What do you know about homelessness?

I understand that you are concerned. Thanks. This is cool. I have been conned before. It hurts and sucks and is horribly destructive to one's self and those around. However, I can pinpoint things to look out for. A little bit of research would reveal to others who were scammed by this scum bag that he is who I and they say he is. I can tell you things that he will do and say. Therefore, I can arm you with knowledge of what to expect and you can go test it for yourself if you wish or not and get involved with him and lose eventually. - Where is your damning evidence? That is all that I ask for. Teach us and show us. This jumping around and ignoring people when they call you on what looks like BS only makes you look stupid and someone who doesn't give a flying fuck about other people.

Being a person who has major trust issues, seeing that I suffer from PTSD, chronic pain, severe depression, and some major anger issues, trusting people, including myself, is horribly difficult. I have no way to answer your what ifs. Like I've stated, I don't know the guy personally. All that I have to go by is what I've seen for the last two years and what you say, although you brought up good points, doesn't seem legit. - On a side note, why should any of us trust you? You were a bit-bot owner who produced little to no content (I'm assuming of course. You might have some content I would like to check out that you have done.).

>Anyways, even if everything is legit, I'll keep downvoting because this circle is hurting my investment.

@mmmmkkkk311, your myopic view is going to hurt your investment. There are a few really good content creators who don't want to be on this platform because of the shenanigans going on here mostly by the top. Think about it. Our upvotes were cut in half - this means, at my current SP, my upvote is almost worthless whereas before, I was almost able to give someone $0.10. To you this is shit but to those who are struggling (not all of us are homeless here at the bottom - some have families and what not) that made our fucking day.

You have your own circle jerk. Other complain but I think it is kind of stupid because they too have their own circle jerk. The difference between your circle jerk (assuming, I haven't researched) and the @sbi circle jerk is that the @sbi circle jerk is so much larger than yours is (not comparing dick size).

And, last by not least, I provided evidence for why you should leave the platform altogether. What? Not going to trust him or me? But, you want me to trust you ... sounds like a way one street if you ask me.

Beside, what alternatives do you have? I'm listening and so are people reading this who want so very badly for this platform to succeed. What ideas have you brought to the table? What actions have you taken? How are you going to help steemit as a whole and not just yourself (because this later part definitely won't work, guaranteed!).
👍  ,
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vote details (2)
@mk311isabully ·
message
<h1> <center>@mmmmkkkk311 is attempting to use his flags to intimidate Steemians into abandoning their support for @steembasicincome.  </center></h1>
 He baselessly claims it is a "ponzi scheme" which just shows that either he doesn't understand how it works or (more likely) he just doesn't understand what a ponzi scheme even is! And the blatant hypocrisy in him trying to fight "vote selling" when that is exactly what he did with his bidbot! As as bidbot owner with over a dozen alt accounts he is in no place to judge what is right or wrong here on Steem. Now he is mad that his scam has ended. So like an upset child, he has decided to take out his anger (caused only by his own failures) on other innocent people. Making him nothing more than a big bully! </center>

<h1>[MK admits to running a bidbot](https://steemit.com/polish/@mmmmkkkk311/q1yl1g)<br>
[Actual account who was "wrecked by @mmmmkkkk311 (for holding sbi shares)"](https://steemit.com/@yapcat)</h1> 

<center>![bully.png](https://cdn.steemitimages.com/DQme93AAtdu34nNe7FdPVj9Hb87yxNURuCqjymmCxPZg5iN/bully.png)</center>
I am here to counter @mmmmkkkk311's bullying. I will upvote every post/comment that he downvotes. You can support my anti bullying upvotes by delegating (links below) Steem Power to @ilovemk311.  And you can help keep this message visible by upvoting this comment or by purchasing SBI shares for @mk311isabully which will help to counter the downvotes that @mmmmkkkk311 will surely send my way. Which I highly encourage him to do as the more downvoting power he wastes on me the less he can use to downvote the real content creators here on Steem that would otherwise become his victims!

#### Choose a delegation amount
#### [5](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=5%20SP) | [10](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=10%20SP) | [20](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=20%20SP) | [50](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=50%20SP) | [100](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=100%20SP) | [500](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=500%20SP) | [1000](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=1000%20SP)

<center>![external-content.duckduckgo-1.jpg](https://cdn.steemitimages.com/DQmXherYBb4UFXugp6fz2NTU741c2z9tnXUotPQWQtVGxXx/external-content.duckduckgo-1.jpg)</center>

<h1> <center>I ask YOU my fellow Steemians to help me take a stand for our Steem community. </center></h1>

With this jerk bullying innocent people we are seeing many great content creators leave due to the drama and negativity that @mmmmkkkk311's downvote campaign brings to the blockchain. While he claims he is trying to defend his investment he is actually unwittingly destroying it. 

SBI is an initiative that has done nothing but help promote onboarding and community building here on the Steem blockchain. Let us not turn our back on it out of fear for getting downvoted. Instead lets stand up for this great initiative that has helped so many people and helped the Steem community to grow and thrive!</center></h1>

<center>Thank you.</center>



👍  ,
👎  ,
properties (23)
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vote details (4)
@josephsavage ·
$0.05
I think you covered the points well, except for missing something pretty central: SBI is not an investment scheme. It is a subscription to upvotes. There is no account to withdraw from, it would be a refund of subscription fees. We do have a Refund Policy that is laid out pretty clearly and linked from FAQ. Nobody that qualifies under the refund policy has ever had any difficulty getting a refund. The policy is intentionally draconian, since enrollment fees are always either powered up or used to lease delegation, but when members have requested and not qualified, we have tried to help them find another member that would buy their subscription from them. How easy that is depends on the size of the subscription, of course.
👍  , , , ,
👎  
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vote details (6)
@davedickeyyall ·
![Screenshot_20191205-183444_Chrome.jpg](https://cdn.steemitimages.com/DQmUAbvcZy4bxfzWiZqVzJKnTDdneL6tsanYJdWbs3oNijs/Screenshot_20191205-183444_Chrome.jpg)
👍  ,
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vote details (2)
@mmmmkkkk311 ·
haha, another buck
https://youtu.be/nvlTJrNJ5lA
👍  
👎  , ,
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vote details (4)
@mk311isabully ·
message
<h1> <center>@mmmmkkkk311 is attempting to use his flags to intimidate Steemians into abandoning their support for @steembasicincome.  </center></h1>
 He baselessly claims it is a "ponzi scheme" which just shows that either he doesn't understand how it works or (more likely) he just doesn't understand what a ponzi scheme even is! And the blatant hypocrisy in him trying to fight "vote selling" when that is exactly what he did with his bidbot! As as bidbot owner with over a dozen alt accounts he is in no place to judge what is right or wrong here on Steem. Now he is mad that his scam has ended. So like an upset child, he has decided to take out his anger (caused only by his own failures) on other innocent people. Making him nothing more than a big bully! </center>

<h1>[MK admits to running a bidbot](https://steemit.com/polish/@mmmmkkkk311/q1yl1g)<br>
[Actual account who was "wrecked by @mmmmkkkk311 (for holding sbi shares)"](https://steemit.com/@yapcat)</h1> 

<center>![bully.png](https://cdn.steemitimages.com/DQme93AAtdu34nNe7FdPVj9Hb87yxNURuCqjymmCxPZg5iN/bully.png)</center>
I am here to counter @mmmmkkkk311's bullying. I will upvote every post/comment that he downvotes. You can support my anti bullying upvotes by delegating (links below) Steem Power to @ilovemk311.  And you can help keep this message visible by upvoting this comment or by purchasing SBI shares for @mk311isabully which will help to counter the downvotes that @mmmmkkkk311 will surely send my way. Which I highly encourage him to do as the more downvoting power he wastes on me the less he can use to downvote the real content creators here on Steem that would otherwise become his victims!

#### Choose a delegation amount
#### [5](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=5%20SP) | [10](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=10%20SP) | [20](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=20%20SP) | [50](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=50%20SP) | [100](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=100%20SP) | [500](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=500%20SP) | [1000](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=1000%20SP)

<center>![external-content.duckduckgo-1.jpg](https://cdn.steemitimages.com/DQmXherYBb4UFXugp6fz2NTU741c2z9tnXUotPQWQtVGxXx/external-content.duckduckgo-1.jpg)</center>

<h1> <center>I ask YOU my fellow Steemians to help me take a stand for our Steem community. </center></h1>

With this jerk bullying innocent people we are seeing many great content creators leave due to the drama and negativity that @mmmmkkkk311's downvote campaign brings to the blockchain. While he claims he is trying to defend his investment he is actually unwittingly destroying it. 

SBI is an initiative that has done nothing but help promote onboarding and community building here on the Steem blockchain. Let us not turn our back on it out of fear for getting downvoted. Instead lets stand up for this great initiative that has helped so many people and helped the Steem community to grow and thrive!</center></h1>

<center>Thank you.</center>



👍  
👎  
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vote details (2)
@tristancarax ·
$0.03
haha!!! I did the same thing, @davedickeyyall. He won't get it because he has been blacklisted. That sucks for him because you just tried to give him free money.
👍  
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vote details (1)
@ecoinstant ·
$0.08
He could correct his behavior, but even if not, a unit burn is just more sustainable for the program.
👍  
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vote details (1)
@yapcat · (edited)
you're nothing but a disgruntled 2bit terrorist trying to force people to abandon , its their money and their choice

but what you do isn't ...  i do NOT understand why any of these retards tries to reason with you , there's only one solution for terrorism

and that is :

https://res.cloudinary.com/ddxo40bkm/image/upload/v1575603371/rootpage/between-the-eyes.jpg

to keep on smiling :)

i  can see by the tokens you got for extra downvotes you are taking this personal, that's your first step to the fall and this will be my last comment, its another vault account now, where no trolls or #newsteem can get it

i'll send you an sbi share later, you can downvote yourself too then :)
👍  ,
👎  
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vote details (3)
@yapcat ·
here you are

https://res.cloudinary.com/ddxo40bkm/image/upload/v1575605198/rootpage/served.png

served :)

https://media.giphy.com/media/niMQW6U668wcU/giphy.gif

you better be consistent now and start downvoting yourself ... after all

you didnt ask for it, right ?

2bit piece of terrorist shit

https://media.giphy.com/media/9MJ5pdkGsDNGqM4huh/giphy.gif

that's the last attention you're getting ... i got actual shit to do that doesnt live on steem(sh)it :)

and do the world a favour will ya

https://media.giphy.com/media/42K8A4qMe8ff2/giphy.gif
👍  
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vote details (2)
@tristancarax · (edited)
haha! @yapcat, I did the same thing 8-) but he has been blacklisted so he'll receive nothing. 
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@d0zer · (edited)
If you’re afraid the owner cashing out, then why are you here? STINC is selling hundreds of thousands of Steem every month. Ned left and sold his stake. You will also have to flag almost every project here on Steemit. Good luck.
👍  
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vote details (1)
@tristancarax ·
@mmmmkkkk311, would you look at that! Another reason to leave the steemit platform altogether. Why are you not listening to us? You don't trust us? We know what is best for you, trust us.
properties (22)
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@johnspalding ·
I wonder if @josephsavage would be willing to debate you and your #sbi viewpoint in a live broadcast on @vimm. I'd be willing to host the debate/ discussion. 

Whose up to the challenge?
👍  ,
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vote details (2)
@felipejoys ·
they did already, mk doesn't care. he was a bidbot owner, he's just fucking around. downvote the #polish community he upvotes
👍  
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vote details (1)
@johnspalding ·
Lol, I don't want a downvote war.  I just 
1. Don't want to be downvoted just because of my belief in #sbi.

2. Be able to post without harassment. 

These serial #downvotes from accounts like @mmmmkkkk311 and @camillesteemer are toxic to the blockchain and #newsteem. They will be a hindrance to mass adoption. 
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@tristancarax ·
Although it is a tempting idea, I agree with @johnspalding. It isn't like the whole #polish community is backing this whack plan of action. I'm sure some of them are as pissed off as we are.
👍  
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vote details (1)
@josephsavage ·
$0.02
I was be happy to. At core, he is already confusing Ponzi scheme with exit scam. While exit scam is integral to Ponzi scheme, the converse is not true.

We have already proved multiple times, through detailed description of how things work, along with public code base, that SBI is not a Ponzi scheme.

That leaves only risk of exit scam. We have a roadmap to decentralize governance through legal entities and m of n override keys, but the solution would cost more than the assets it protects right now.

Do you really think I would risk serious reputational damage for less than the value of my car? When the assets are sufficient to justify the costs of protecting them, I will implement the solution.

Will that ever happen with people like @mmmmkkkk311 blindly downvote thousands of quality posts? That's an open question.
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vote details (4)
@josephsavage ·
$0.02
As an aside, the largest SBI member is @contestkings, and they have a partner who lives only two hours from me. I would not be surprised if he has done full diligence and verified my identity using public records.

SBI explanations of operations and published refund policy stand as an implied contract that would be enforceable under local laws. So even though that's an ex post enforcement, not an ex ante prevention like my more elegant roadmap, there are already protections in place.
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vote details (5)
@davidesimoncini ·
@mmmmkkkk311 I think that you're right in part. The problem in steembasicincome Is that if he cash out, he ruin the ecosystem. But the problem Is that steembasicincome was have been founded for many time. If the project finish, the investors will lose every invested token and the ecosystem  lose anyway because they can anyway cash out. It had to be blocked BEFORE, when It started its project.

They remains now a good things for the startup project in the steem blockchain such the contests organized by the Little fish of this ecosystem.
Steembasicincome should function as a blocked-funds account: this is the simple method to resolve the problem of the ponzi scheme.

Posted using [Partiko Android](https://partiko.app/referral/davidesimoncini)
👍  
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vote details (1)
@ecoinstant ·
$0.10
Hello.  Just now I noticed that you took manual notice of me!

![](https://cdn.steemitimages.com/DQmUD3bHb8WQSXuXEapGGoTGotoEaXpqHEmYY1iQ72k9hZz/image.png)

I see you zeroed out your automated votes and revoted with a 100% downvote.  I am one of the largest holders of steembasicincome units and I help moderate in the discord, where I have spent the last several weeks fielding complaints about you.  

It is my personal belief that this is an important lesson in decentralized governance.  Whether #steem or some other blockchain rise to supremacy, any stake based system will have to deal with misunderstandings, disagreements and jerks.  I believe that the lessons we are learning today with #steem with be studied for a long time to come.  

I think it has become quite clear that 'free' downvotes were not a good idea if we want actual users interacting with the platform.  Abstracting away the downvotes is the only way someone can build on #steem moving forward.  By computers, downvotes and upvotes are just mirrored stake-weighed operations.  But on a human level, downvotes feel a lot more like violence.

Whether #steem figures this out and changes course, or is already on its way to avoiding direct user usage altogether - SOME blockchain will take these lessons and try again.  

**The mmmmkkkk311 conjecture**: No matter how elegantly designed something is, someone will think it's a scam.
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vote details (4)
@mmmmkkkk311 ·
VOTE BUYING IS WRONG, that's your lesson to learn
👎  ,
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vote details (2)
@ecoinstant ·
$0.07
No, in fact I don't even think 'wrong' is the right word to use at all.  We are talking about tech, about code, you would make more sense thinking about 'permitted' or 'not permitted'.

I am permitted, by code, to do what I want with my stake.  And so are you.  If I wanted to go about not permitting you to downvote me, I would have to change the code.  If you wanted to go about not permitting someone of buying votes, I would challenge you to think how that would even be possible.  You can use your stake to disuade or disincentivize all you want, but you can never disallow.

In terms of morality - 'right vs wrong' - I'm not sure what you aim to achieve by implanting it with downvotes.
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vote details (7)
@mk311isabully ·
message
<h1> <center>@mmmmkkkk311 is attempting to use his flags to intimidate Steemians into abandoning their support for @steembasicincome.  </center></h1>
 He baselessly claims it is a "ponzi scheme" which just shows that either he doesn't understand how it works or (more likely) he just doesn't understand what a ponzi scheme even is! And the blatant hypocrisy in him trying to fight "vote selling" when that is exactly what he did with his bidbot! As as bidbot owner with over a dozen alt accounts he is in no place to judge what is right or wrong here on Steem. Now he is mad that his scam has ended. So like an upset child, he has decided to take out his anger (caused only by his own failures) on other innocent people. Making him nothing more than a big bully! </center>

<h1>[MK admits to running a bidbot](https://steemit.com/polish/@mmmmkkkk311/q1yl1g)<br>
[Actual account who was "wrecked by @mmmmkkkk311 (for holding sbi shares)"](https://steemit.com/@yapcat)</h1> 

<center>![bully.png](https://cdn.steemitimages.com/DQme93AAtdu34nNe7FdPVj9Hb87yxNURuCqjymmCxPZg5iN/bully.png)</center>
I am here to counter @mmmmkkkk311's bullying. I will upvote every post/comment that he downvotes. You can support my anti bullying upvotes by delegating (links below) Steem Power to @ilovemk311.  And you can help keep this message visible by upvoting this comment or by purchasing SBI shares for @mk311isabully which will help to counter the downvotes that @mmmmkkkk311 will surely send my way. Which I highly encourage him to do as the more downvoting power he wastes on me the less he can use to downvote the real content creators here on Steem that would otherwise become his victims!

#### Choose a delegation amount
#### [5](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=5%20SP) | [10](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=10%20SP) | [20](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=20%20SP) | [50](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=50%20SP) | [100](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=100%20SP) | [500](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=500%20SP) | [1000](https://v2.steemconnect.com/sign/delegate-vesting-shares?delegatee=mk311isabully&vesting_shares=1000%20SP)

<center>![external-content.duckduckgo-1.jpg](https://cdn.steemitimages.com/DQmXherYBb4UFXugp6fz2NTU741c2z9tnXUotPQWQtVGxXx/external-content.duckduckgo-1.jpg)</center>

<h1> <center>I ask YOU my fellow Steemians to help me take a stand for our Steem community. </center></h1>

With this jerk bullying innocent people we are seeing many great content creators leave due to the drama and negativity that @mmmmkkkk311's downvote campaign brings to the blockchain. While he claims he is trying to defend his investment he is actually unwittingly destroying it. 

SBI is an initiative that has done nothing but help promote onboarding and community building here on the Steem blockchain. Let us not turn our back on it out of fear for getting downvoted. Instead lets stand up for this great initiative that has helped so many people and helped the Steem community to grow and thrive!</center></h1>

<center>Thank you.</center>



👍  
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