Nah, even when it came out it looked megascammy. IIRC, some of the issues were that there were two tokens and it was architected so that prioritization of posts was completely tied to who held the most tokens of one type, which were almost entirely held by the founders and their friends, and the other token was only used for withdrawals and had all sorts of cooldowns and other obstacles to actually taking money out of it, while it no longer was usable for prioritizing posts.

A piece of trivia, Dan Larimer, steemit’s controversial founder, who also started BitShares and EOS, was the recipient of the famous Satoshi line “if you don't believe me or don't get it, I don't have time to try to convince you, sorry.”