I agree with you that of course this system isn't the panacea, still is way better than the actual status of the fiat world but also I understand @aggroed 's intent to stop the power down and have an agreement to use properly those "ninjamined" funds.

It's a more complex issue that initially seemed I have to admit, and I'm debating with myself if the power down is a good thing for us or not.

In one side we can say that this is good for decentralization, so Stinc might go away and make the power down or go to the hell if they want, but in the other hand we all know that if that Steem is selled it might take the price of the STEEM very low, putting more pressure than we have already with this bear market.

The main problem imo is the lack of transparency of the operation, if we could know what the Stinc intentions are, probably this issue wouldn't be so dramatic for many people.

Anyways they can do whatever they want with their money, that isn't in discussion, at least imo.