I saw a trending post on here about how Steemit can help eliminate exorbitant remittance fees. That's great but it's nothing new. Any crypto-currency with enough liquidity to cash out, can make that claim. It's 2016, we need real reasons to get excited about an alt-coin. Steemit has given us that but have any of us recognized just why Steemit is so much better than other crypto-currencies? It's the same reason some people choose to shout ponzi at the first
mention of profit. Steemit allows you to invest in a new promising crypto-currency with ZERO that's right ZERO monetary investment. I use the qualifier "monetary" because you are investing something, just something the not so rich are not used to being paid for yet. Though this thing you are investing is very valuable even to the biggest fish. Have you guessed it yet. You are investing time, attention and brand loyalty. If you have expertise in an area you blog in, you are investing your knowledge as-well. Steemit allows a person with no home, no car, no wallet, nothing, to walk into a public library, and use a library computer to invest in a crypto-currency by telling their story to the world. That is not a ponzi. That is democratic money printing.