Steem a ponzi scheme?help me.
Dear steemitian,
I am new in steem and i want to know that is steem a ponzi scheme or they really have future plan,because there are few thing that make steem suspicious and also is they really pay what they claim help me in following questions.
1)Where do Steemit get money to pay for posts?
2)Steem Power is something that gives the content writer (but not the reader!) benefits. What are they?
3)sign up bug for free is not working write now and if you do sign up by dipositing money account created within few second why is it so.doest they want more money to flow in then to flow out
4)why there is locking of 13 week for powering down
5)The only source of money that is coming into the system is the money that other content writers invested in?
6)I buy 1000 STEEM (for $1 dollars ) and just sit and wait for 2 year ,what is my return.
7)steem plat form love post on topic of steem more why is it so?
- where does money from curation content come from?
9)why the account with more steem power influence steem?
Conclusion
If you thought that Reward money comes out of the air: no, it can’t be true. Each of Steem’s content writers pay some hidden “subscription fee”.
Steem team said “no” to advertising and “explicit pay per read” or “pay per vote” (micropayments) models. But they said “yes” to “losing 10% of your capital for the subscription fee. Earn only by generating new content or curation”.
Finally, what business model does Steemit have?
Waiting to get clearify on above point write in comment.