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RE: "The Ugly Truth Behind Steemit" - Please share your thoughts on this

in #steemit8 years ago

what @smooth says

Here is what happened from my personal perspective:

  1. I found the coin announcement on Bitcointalk
  2. I figured out how to compile it and start mining with no help from anyone or anything other than the information on the thread and my own experience.
  3. I mined before the relaunch
  4. I mined again after the relaunch
  5. I reviewed the source code myself and relied upon that and information posted to the thread to figured out why I might want to mine a lot of it (it looked like a blockchain-hosted reddit with a good amount of development behind it).
  6. I had no contact with the development team or anyone associated with the coin other than reading their posts on the thread. I didn't know any of them prior, so I had no special insider status or "tip off".

Draw your own conclusions.