Jeff builds a strawman argument by only focusing on the perspective blogging authors. If you want to argue that Steem is a scam, you start by stipulating that it is scam for investors, not for blog authors. And then you make an argument about how it was 80 - 90% sneaky "pre"-mined by a few guys who can now cash out 1% per week and/or dominate the curation rewards, while investors have to lock up their investment for 2 years. Does that make it a scam? Decide for yourself.

With one promoter with a microscopic anarchist audience dominating the blog rewards nearly every day, Steem is looking more and more like a community of backslapping and not real diversity.