Crowdsource the Truth has been investigating the block chain driven, cryptocurrency financed social media network Steemit, since the misanthrope "Frank Bacon" began his hard sell, high pressure push toward the upstart internet destination over a year ago. Despite a market cap over $400,000,000, my visit to their NYC office revealed nothing more than a PO Box. Further revelations from blockchain witness Blair seemed to indicate their entire verification method could easily be rigged by one individual or a very small group. Former derivatives trader and well known crypto pundit Tone Vays says the Steemit "blockchain" is not in fact, even a true blockchain. Now Quinn Michaels has caught Manuel Chavez III (Defango) one of our most persistent antagonists, red handed in his explanation of what clearly appears to be a recipe for money laundering with this highly questionable crypto currency.
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