Why I Don’t Care Someone Stole My Article & Made $400 on Steemit

Why I Don’t Care Someone Stole My Article & Made $400 on Steemit

Someone stold my CCN post and published it on Steemit. They earned $400 [Editor’s note: The payout did not occur after the article was found to be plagiarized]. I earned substantially less. Why don’t I care? Because I am realistic about the nature of the Internet, the economy – and most importantly, Bitcoiners. I often hear people say that hard work pays off. This isn’t always the case. Many times, taking the easy route is the quickest way to make money. Dishonesty, theft and tearing others down. And isn’t that what the global economy has proved itself to be all about? Bitcoiners love to....


Related News

Steemit Website Hacked, CEO Promises to Reset Accounts in 48 Hours

Steemit announced on their website that they were hacked. The attack, according to them, has compromised about 260 accounts. A little less than US$ 85,000 worth of Steem Dollars and Steem are reported to have been taken by the attackers. In the security announcement CEO of Steemit Ned Scott said: “User accounts and wallets are not at risk, and we hope to soon reactivate the Steemit website to normal order. Any users whose accounts were compromised will be completely reimbursed.” Law enforcement informed. At the moment it appears that the virtual currency itself has not been compromised but....

Steemit Hacked for ‘$85,000’ as Users Complain of Weak Security

Social media site Steemit, just a week after giving away $1.3 million USD to users after seeing huge success, has temporarily shut down after a major hack. Steemit Accounts, Wallets ‘Not at Risk’. In an official statement released today, CEO Ned Scott said that a maximum of $85,000 worth of the site’s currency, the Steemit dollar, “may have been stolen.”....

Steemit May Become Killer App As It Looks to Draw 1 Mln Bitcoin Users Yearly

The exponential rate at which Steem grows may put on fast track a solution to the scaling issue that the Bitcoin community faces. Steem is a digital currency behind Steemit, a decentralized social media platform which rewards posters and voters online. Scaling Bitcoin has become a hot button issue in the community. This is the process to increase block size from its current form in which the network can only support up to seven transactions per second to process more like Paypal achieves with about 100 transactions per second, and as Visa does with about 4,000 per second. In the wake of....

‘Decentralized Reddit’ Steemit Awards $1.3 Million to Users

The social media website Steemit that’s similar to Reddit has just announced it has distributed $1.3 million USD in the platform’s native cryptocurrency Steem. The website’s user base will have a lot more digital currency to earn just by posting original content on the decentralized platform. Steemit Users Rewarded. On July 5, the Steemit (steemit.com)....

Steemit Hosts First Bitfilm Movie Competition

The first ever Bitfilm movie competition starts on Steemit today. The users of this decentralzied social network can vote for movies they like the most. Why on Steemit? Steemit is one of the first decentralized social network where you can earn money by posting good content online. Unlike Reddit or Facebook - that they also have a heavy censorship, this blockchain-related platform uses a currency, called “Steem” (its value is around $0.23 per unit) to fund authors of the best content. Users, in fact, can donate a tip to the authors and let them earn online. Steemit is similar to PaymeaBit,....