It's really not that hard to figure out, this is the Wild West and Justin Tron shoots from the hip. That's been his MO and still is. All this talk about did he do his due diligence or do it properly is just noise.
As a Businessman his purchase of Steemit made sense to him. He had a blockchain, he needed apps and users (communities, if you will). He saw what looked like a way to leverage his investment in Tron and Steemit at the same time. Economies of scale and all of that.
For him, the next move became obvious after the Consensus Witnesses softforked (neutered) his investment. The next move was completely predictable. It is now not about saving face but protecting his investments in both Tron and Steemit.
Is there a solution? Of course there is, but it requires compromise from both sides. Absent a willingness to compromise by either party only leaves one viable option. Justin Sun gets Steemit to add to Tron with whatever remains and "Classic Steem" picks up their collective poker chips and goes its Merry Way.
I don't think there is enough liquid Steem available to allow either side gain total control.
Posted via Steemleo