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RE: WHY IS @ned Powering Down All His SP and Sending It To Bittrex??????
To me it looks like steemit is running out of money and @ned is the only one who knows it and he wants to get all his steem sold.
I doubt that the crypto space is more complicated than that. It's possible he has a personal tax debt or something like that he needs to raise funds for. @freedom account is still loaded.
Who's account is that ?
I could be mistaken but I think it's another one of his.
It may well be that Steemit Inc. is running out of money (the recent redundancies give a lot of weight to that hypothesis), but would it be a big deal? Without Steemit Inc., will the blockchain itself cease running? As far as I know, Steemit Inc. works for Steemit, Busy, SteemPeak, etc., but these latter can live and prosper without that startup.
That is, if nobody in the Steemit Inc. board uses a tiny license clause in detriment to all the STEEM blockchain's implementations...
What happens to our wallets if this site goes bye bye ?
You can use Steem Keychain or Vessel or busy.org or steempek.com...there are a variety of ways that you can handle your money.