Let's be clear, anyone that doesn't think it's stealing their coins by forking them out of ownership is a complete and total idiot IMO. Taking something away from someone which they own without their consent can only be called theft.

This would be the single worst move anyone could make in terms of destroying all trust in steem.

If this had been done I would have powered down all my coins, closed PIFC, closed the MinnowBuilder project and be done with steem forever. My stake may not be huge, but lets be very clear I would be 1 of many doing this exact same thing.

Steemit Inc and @ned own their coins and they are free to do with them as they see fit. I would love for them to stop the powerdown but if they don't I have no issue with their current actions.