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I was hoping the new steem foundation would mean a more professional and focused approach for steem, but reading all the proposals, I am not being overwhelmed with lots of confidence.

I purchased a lot of steem at $0.2x but have been unloading it to buy more solid prospects. It's not a very liquid market, so you have to do it slowly. Specially with the constant sell pressure from steemit Inc and authors cashing out rewards.

Our fund has not purchased any steem and is unlikely to do so until the governance issue is solved.

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I understand your frustrations and can only hope things ultimately turn out better than they look now.

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