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RE: Steem for Business: Thinking about a Steem-Powered customer loyalty program
Wow - what a mess. So you had your account emptied for the simple reason that you didn’t oppose Justin Sun?
And in retaliation, the suspected conspirators had their accounts emptied and this is what ended up with Bittrex.
Which almost certainly means that nobody had any funds other than Bittrex and anybody who kept well out of it!
And after everybody lost… Steemit somehow manages to “win” 21m STEEM?!
Yeah, basically my son and I voted for decentralization by supporting enough witnesses from both "factions" to try to ensure that neither could gain full control, but the Hive chain emptied the wallets of anyone who voted for more than 2 of the Sun/Steemit-aligned witnesses (or maybe 2 or more, I forget now).
So far, I think they only won 14.5 million. The other 6 that transferred out to Binance was already in the steemit wallet, and (as I understand it) Bittrex now owns the 8 or 9 million "disputed STEEM" - they basically bought it with their interpleader deposit. The remaining legal dispute is in terms of USD, not STEEM, I think.
To be fair, Steemit lost far more on the Hive side than they gained from Bittrex, but the whole thing was definitely a mess.
Yeah - fair point.
I don't know at what point anybody thought that this was a good idea. And I suppose that some sort of retaliation was inevitable. It's no wonder that 2 years on, there's still so much bitterness about it.