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RE: Evidence of Steemit Inc making representations about use of ninja-mined stake

in #ninjamine • 4 years ago

Thanks for digging and pulling up these records.

Two thoughts:

  1. the images are hosted on servers controlled by STINC, which is a bit concerning. Using a different frontend like busy or steempeak would be on workaround. Or also copying the text of the screenshots as blockquotes, so it gets written to the blockchain.

  2. none of the comments provide guarantees or promises that the STINC Steem will not be sold for personal gain or used to vote. That's a bummer, I do think these claims exist, but we need to find them.

4 years ago in #ninjamine by
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     4 years ago 
    1. I am posting via SteemPeak so images are stored there. Also I have copies on my own computer.
    2. A Court will imply this from the commitments made. Obviously if you promise its for the development of the chain etc, you can't sell for profit.
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     4 years ago (edited)

    I am posting via SteemPeak so images are stored there

    Interesting & good to know. When we look at the raw transaction, it does show image URLs like https://files.steempeak.com/file/steempeak/apshamilton/9xYZTUbQ-Screen20Shot202020-03-0420at2022.22.15.png.

    But when viewing this post on SteemPeak, it uses URLs from https://steemitimages.com. Possibly @steempeak is relying on a version of the STINC servers to save bandwidth. Not sure.

    Obviously if you promise its for the development of the chain etc, you can't sell for profit.

    Yeah I just don't see any of the STINC statements reaching the level of a promise or even commitment. I do think if investors were mislead, then there is potential reason for Ned to be worried, but perhaps not any binding obligations that would pass onto Sun. Although it would help to see the contract of sales between Ned and Sun. I guess the argument is that Sun is still bound by all obligations of the company.

    I see both sides, but wasn't the expectation that STINC would always sell at least some of its stake for personal enrichment? This was not a non-profit by any means.

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