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      "memo": "CONGRATS! You have a 1:1 BLURT AIRDROP of 34.771 BLURT and 25.616000 BLURT POWER waiting for you. Check out https://blurtwallet.com/@bmanmcfly and https://blurt.blog/ TODAY!",
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      "author": "bmanmcfly",
      "body": "They are similar, the main difference is that Ponzi schemes rely on the promise of returns on investments (while being paid out by future investors) where pyramid schemes rely on getting new recruits to bring in the new money.\n\nIn a practical sense they are probably interchangeable.\n\nThe point I was getting at is that crypto markets operate on \"supply and demand\" a demand that really only increases as more people sign on, invest money or add value to these systems.  Where nothing in them as any real inherent value.   (Yes, there's value in the algorithm, the exchanges, the similarity to currencies in transactions, but if the blockchain shut down for whatever reason that value evaporates with it).",
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      "body": "At this stage, I don't see how anyone can trust, even these blockchain systems that claim to be \"censorship resistant\", as anything more than free hosting.\n\nLet's think in simple terms, if instead of \"crypto\" that the platform was operating on real securities, Justin, the earlier steemit team, and anyone who was deciding the direction of the platform would EACH be facing 20+ year prison terms.",
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      "author": "thx1138",
      "body": "wasn't Ponzi the name of a guy who was famous for running a Pyramid Scheme. thought they were same thing",
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      "author": "bmanmcfly",
      "body": "Closer to a ponzi scheme, but not far off either way.\n\nI think my record was around 1$, unless you count giveaways then 2.50$\n\nBest to treat the platform as a free blog host and not even think about the money.",
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      "author": "jza",
      "body": "You cant, but same thing will happened if the company you invested for files for bankruptcy.",
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  "op": [
    "comment",
    {
      "author": "felipejoys",
      "body": "ps: 10% of a lot of money is still a lot of money. actual physical money is not an idea, it is simply fiat money. utility tokens have nothing to do with it. utility tokens are basically companies pushing out a product, not actual fiat money",
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  "block": 42224628,
  "op": [
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    {
      "author": "felipejoys",
      "body": "@@ -868,16 +868,159 @@\n numbers.\n+ bitcoin is all numbers. that could be considered a ponzi scheme. anything that is *nothing but numbers* may fall into that category. not steem\n %0A%0Abut I \n",
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      "parent_permlink": "q88cqr",
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{
  "block": 42224607,
  "op": [
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    {
      "author": "felipejoys",
      "body": "what I meant is the 2nd bank owner would have to put actual money into it to make it work. which would be stupid since he would have to provide enough money for all of his client's withdrawals. otherwise I would see my bank account having $5000, try but fail to withdraw. because the actual money is not there. it is completely different because the money *has to be there*\n\n> crypto currencies are effectively a ponzi scheme\n\nwhat. no. what do you think steem originally is, by design? the blockchain itself perfectly serves it's purpose. people who like consuming content get on it and optionally support authors they like. people who like creating content post their stuff here because it might pay off. it works. it is perfect.\n\npeople don't understand steem because they don't want to. all they *want to* see is a pile of numbers. there is a lot more to it than numbers.\n\nbut I guess it is a pointless argument since not a single fucking witness ever wanted to actually work on mass adoption, which is, free instant registrations. from this perspective, they're all retarded",
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      "parent_author": "bmanmcfly",
      "parent_permlink": "q88cqr",
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  "block": 42224421,
  "op": [
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    {
      "author": "bmanmcfly",
      "body": "We gotta congratulate Sun for this one, it takes a real champ to cause such  a drastic drop in user interaction.\n\nHalf the posts and 15k users gone within a couple months, at a time when everyone is at home with more opportunity to contribute.",
      "json_metadata": "{\"app\":\"steemit/0.2\"}",
      "parent_author": "penguinpablo",
      "parent_permlink": "daily-steem-stats-report-friday-april-3-2020",
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  "block": 42224256,
  "op": [
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    {
      "author": "bmanmcfly",
      "body": "That's part of why I joined, to have a blog and as a bonus if what I had to say garnered interest, could maybe make a few dollars.  It quickly shifted to more like the score on a video game.\n\nThe only reason worth staying is for free blog hosting service that I can link elsewhere where people might actually read.",
      "json_metadata": "{\"app\":\"steemit/0.2\"}",
      "parent_author": "rosepac",
      "parent_permlink": "q852lx",
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{
  "block": 42224192,
  "op": [
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    {
      "author": "bmanmcfly",
      "body": "Well, yes, copying physical money is illegal, but when you get into reserve banking, only about 10% of the money is physically printed, so, the effect would be the same, so, copying the account and promising to honor the value creates the same effect (never would happen in the real world).\n\nBut it does double the funds; or at least the coins at the rate they can be traded at.  \n\nEx; when the split happens, you have a 10k account valued at 5k.  That means you doubled the coins, and if the value remained (it shouldn't) you will have doubled the value.  \n\nI realize it's far from a perfect analog, but for real, if cryptocurrencies were treated as securities, Sun and all the witnesses would EACH be facing 10-20 years in pound you in the ass federal prison.  Make no mistake about it.\n\nYour counter goes to show that crypto currencies are effectively a ponzi scheme in that the value of the 'investment' depends on new investment dollars coming in.",
      "json_metadata": "{\"app\":\"steemit/0.2\"}",
      "parent_author": "felipejoys",
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{
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  "op": [
    "vote",
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      "permlink": "q7t7x6",
      "voter": "jasonshick",
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{
  "block": 42208413,
  "op": [
    "comment",
    {
      "author": "felipejoys",
      "body": "@@ -230,12 +230,12 @@\n  to \n-keep\n+stay\n  upd\n",
      "json_metadata": "{\"app\":\"steemit/0.2\",\"users\":[\"therealmadnessj\",\"bmanmcfly\"]}",
      "parent_author": "bmanmcfly",
      "parent_permlink": "q7t7x6",
      "permlink": "q87baj",
      "title": ""
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  "timestamp": "2020-04-03T07:33:15",
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{
  "block": 42208407,
  "op": [
    "comment",
    {
      "author": "felipejoys",
      "body": "@@ -107,203 +107,13 @@\n s...\n-%0A%0Athe fact that reality and said example can't work together also explains how doing this is not impossible or wrong with pretend money. which is crypto. because pretend money is not real money%0A%0A\n+ but \n if y\n",
      "json_metadata": "{\"app\":\"steemit/0.2\",\"users\":[\"therealmadnessj\",\"bmanmcfly\"]}",
      "parent_author": "bmanmcfly",
      "parent_permlink": "q7t7x6",
      "permlink": "q87baj",
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{
  "block": 42208397,
  "op": [
    "comment",
    {
      "author": "felipejoys",
      "body": "@@ -428,8 +428,37 @@\n  updated\n+%0A%0A@therealmadnessj @bmanmcfly\n",
      "json_metadata": "{\"app\":\"steemit/0.2\",\"users\":[\"therealmadnessj\",\"bmanmcfly\"]}",
      "parent_author": "bmanmcfly",
      "parent_permlink": "q7t7x6",
      "permlink": "q87baj",
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  "timestamp": "2020-04-03T07:32:27",
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{
  "block": 42208389,
  "op": [
    "comment",
    {
      "author": "felipejoys",
      "body": "@@ -353,8 +353,83 @@\n  perfect\n+%0A%0A---%0A%0Ainvesting is not zero risk. a sucessful investor has to keep updated\n",
      "json_metadata": "{\"app\":\"steemit/0.2\"}",
      "parent_author": "bmanmcfly",
      "parent_permlink": "q7t7x6",
      "permlink": "q87baj",
      "title": ""
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  "timestamp": "2020-04-03T07:32:00",
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{
  "block": 42208280,
  "op": [
    "comment",
    {
      "author": "felipejoys",
      "body": "@@ -288,16 +288,73 @@\n s not real money\n+%0A%0Aif you use monopoly in the example, it would be perfect\n",
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      "body": "wow. so. I have to say. your example doesn't work with physical money. doubling a list doesn't double funds...\n\nthe fact that reality and said example can't work together also explains how doing this is not impossible or wrong with pretend money. which is crypto. because pretend money is not real money",
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      "body": "This should be the correct thinking in people who use the platform. \"I think it\".\n\nEspecially. Steemit is and should be: A simple, beautiful, minimalist and useful blog platform.\n\nThe tip of the cryptocurrency must be an addition. Never a priority.\n\nThat seems to be what witnesses have never understood. And that's why Steemit has gone to hell.\n\nYes. My vocabulary is disgusting, rude and vomiting. I recognize it and I know it.\n\nIt is precisely so. Because otherwise.\n A small user like me will never have the opportunity to give their opinion.\n\nSteemit has always been like this. No one values ​​good opinions, only if you are rude.\n Or you haven't noticed many of the old witnesses. The more bots and trash they create, the more loved and voted they are. \n\nThis is exactly what Steemit has become. That's exactly what they run away from..",
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      "body": "depends if get double the people, Starbucks, costa and Nero all make money... or did a few months ago anyways.",
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      "body": "In a sense, yes, the problem is if you double the number of 'coins' you devalue each coin by half.",
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      "body": "This one raises one of the major concerns I was thinking when the Hive split off; they claimed that they were going to maintain the 'account' on the new servers.\n\nLet's think about that for a moment.  \n\nYou have an account at bank A, the managers at the bank have an argument with the CEO, so, they decide that they will create bank B across the street and will maintain the accounts and the values of them.\n\nYou as a user have an account at bank A and a duplicate at bank B; you can then sell off your accounts and double the funds.  \n\nSimply, if cryptos were treated as a type of security, there would be a group of people who would be going to jail for 10-20 years a piece for pulling this kind of stunt.\n\nWe should each (ESPECIALLY people who invested real money into the platform) be asking ourselves how we can maintain trust in a system that can be torn apart  and redistributed because of those within the community with the most influence?",
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      "body": "And just to highlight the 'value' of cryptocurrency investments; you can duplicate your account on Hive and double your investment.",
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      "body": "I agree I joined in 2017 andsince then all that really changed was the logo. I do love the new communities but OMG it's like one change every 3 years lol. I think this competition might do both platforms good to actually expand and evolve instead of just stagnating.",
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      "body": "Yes I joined recently like in December, and partially agree with your message above, with the only difference that TRON has quite a big following and if part of them start supporting Steemit like myself by putting content on the platform, it might allow a rebirth. If some investment is done to improve the user interface making starting on the platform easier there might still be a future for Steemit. And until I  really see there is no chance in earth it will get there, I will do my piece by trying to push some content",
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      "author": "bmanmcfly",
      "body": "Oh yes, and if cryptocurrencies were treated as securities, the entire group of owners would be facing 10-20 years.",
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      "parent_permlink": "re-howo-2020323t131226920z",
      "permlink": "q7ni9i",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-03-23T14:44:03",
  "trx_id": "0b9920253b00b4b10022c7ccbe7890ea821af599",
  "trx_in_block": 30,
  "virtual_op": 0
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{
  "block": 41904408,
  "op": [
    "comment",
    {
      "author": "bmanmcfly",
      "body": "There's clearly some criminal behavior all around; between the owners, witnesses, and exchanges.  We are probably talking SEC charges that would put many of them away for 10-20 years IF this wasn't an issue of funny money.\n\nLuckily for them, it is unlikely this will ever be investigated.",
      "json_metadata": "{\"app\":\"steemit/0.2\"}",
      "parent_author": "kiwisteem",
      "parent_permlink": "q6lvqe",
      "permlink": "q7ni2e",
      "title": ""
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  "op_in_trx": 0,
  "timestamp": "2020-03-23T14:39:48",
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{
  "block": 41904289,
  "op": [
    "comment",
    {
      "author": "bmanmcfly",
      "body": "Which would conclude the prediction I made about 2 years ago; steem/steemit/dapps were structured in the same way that a ponzi scheme is structured.\n\nStart with an idea; get investors in on the idea, the future value of that investment increases with new investments (users, witnesses, content creators) that increase is used to payout early investors.\n\nEventually, either a) the value is no longer sufficient to payout the investors, or b) the main investor pulls their money out, leaving all the rest holding an empty bag.",
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      "parent_author": "chromiumone",
      "parent_permlink": "q6ldbe",
      "permlink": "q7nhsa",
      "title": ""
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  "op_in_trx": 0,
  "timestamp": "2020-03-23T14:33:45",
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{
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  "op": [
    "vote",
    {
      "author": "chromiumone",
      "permlink": "q6ldbe",
      "voter": "bmanmcfly",
      "weight": 10000
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  "op_in_trx": 0,
  "timestamp": "2020-03-23T14:30:24",
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{
  "block": 41904183,
  "op": [
    "comment",
    {
      "author": "bmanmcfly",
      "body": "You must have joined quite recently.  This platform has been in shambles for years.  \n\nThe people who could make a difference were making too much money to care; why worry about advertisement when bots can handle votes.  Why vote for quality when shit gets the profit?\n\nNow, after this most recent drama, it now appears that the Hive people have recreated the garbage of the platform because that's what is profitable to them, while Justin keeps his property, which based on his investment track record is to profitably suck the life out.",
      "json_metadata": "{\"app\":\"steemit/0.2\"}",
      "parent_author": "carapthian",
      "parent_permlink": "q7jwv7",
      "permlink": "q7nhjd",
      "title": ""
    }
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  "op_in_trx": 0,
  "timestamp": "2020-03-23T14:28:21",
  "trx_id": "b7fb6858ae8017da6c6fbee8ce3aa3b6d7f40371",
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{
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    {
      "author": "fredrikaa",
      "permlink": "re-doingdailies-q7l834",
      "voter": "bmanmcfly",
      "weight": 10000
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  "op_in_trx": 0,
  "timestamp": "2020-03-23T14:19:21",
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}

{
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  "op": [
    "vote",
    {
      "author": "d00k13",
      "permlink": "re-bmanmcfly-2020319t16018973z",
      "voter": "bmanmcfly",
      "weight": 10000
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  "op_in_trx": 0,
  "timestamp": "2020-03-20T18:39:00",
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