RE: Open letter to fellow Investors
I completely agree with this, especially about the big brands buying into it because they NEED to. If 200 million people use steem/steemit, actively, regularly, then big brands will not want to miss out on the ability to advertise and promote their brands here or to keep their brand-loyal customers informed of new deals/information/plans for the future. I also agree with the rest of your statement, as that's the nature of social media and any economy, growth needs to be fueled by long-term investment and aimed towards the retention of users/value. When you see large stakeholders trying to get an roi on their investment by selling votes and creating bots just to get some immediate returns... It makes you think that maybe they don't truly believe in the idea of what they've invested in and that maybe they just saw it as a way to make a quick profit or that they feel like it's going to fail, so they want to get their money's worth out of it before they pull out of it entirely. Great comment!
Regards @jerr. All the best!