RE: The Take Over: Welcome To Our New Overlord Justin Sun (My Opinion On The Current TRON/STEEM "Merger")**UPDATE: New Video By Justin SUN Inside**
"Having liquid STEEM allows you more options than having Steem Power in which takes weeks to fully turn liquid."
Indeed! Better still, simply sell your Steem or trade them in for another coin. I think you would be much better off in the long run. Holding on to Steem may very well mean that you will lose everything.
"You should also keep in mind that Justin Sun spent millions to aquire these new assests (Steemit and his STEEM tokens) and it isn't likely he wishes to see either burn to the ground."
While I do not think that Justin Sun has any intention of letting it "burn to the ground", I do think that Steemit / Steem as we know them, have now come to an end. I also think that you would be surprised to know just how little Mr. Sun actually paid for Steem / Steemit. In fact, I see this as being much more of a bailout than a purchase, since Steemit was rapidly failing due to its fraud and corruption, brought on primarily by those like @themarkymark (even a Steemit witness) and his small army of thieves who essentially stole Steem from the vast majority of Steemit members in order to fill their own greedy pockets. True criminals indeed!
I think you are right about the part tha t Steemit/STEEM as we know it might be over but the question is .......................
Is that going to be a good thing or bad thing?
A: Only time will tell.
"Is that going to be a good thing or bad thing?"
It will be a very "good" thing for the vast majority of Steemit members (both present and future), essentially because most if not all of Steemit's worse abuses like @themarkymark, @buildawhale, and a few others in their band of criminals will be gone, with the curator reward system being restored to what it was intended to be like, and NOT manipulated by those few scumbags who wanted nothing more than to line their own pockets at the expense of everyone else.
It will however be a very "bad" thing for Steemit's corrupt management and its witnesses as both the Steem coin and the Steemit witness systems will be replaced by Tron's. Sure, a few Steemit diehards may very well try to keep Steemit alive after the fork, but that will more than likely fail miserably, with a very high probability that anyone left holding Steem at that point will loose most, if not all, of their entire investment. The wise move for members would be to get rid of whatever Steem they hold now before it is too late, and remember that it takes 13 weeks to power down Steem power into liquid Steem which can be transferred and/or sold. 13 weeks is a very long time to be stranded on a sinking ship.
"Only time will tell."
Indeed!