QQQQ: JUSTIN, WILL YOU USE YOUR STAKE TO VOTE ON CONTENT OR FOR WITNESSES?
One live feed and one very lively Steem community today - it seems that for now, it's business as usual.
Original Steemit inc team stays in place
SMT to be released 'soon' (no change)
No plans for now to vote with newly acquired stake on content or for witnesses
Yesterday I was pissed. I hit the powerdown button after months of buying STEEM and vesting the majority.
I didn't want another chain, new rules, and a risk of 75m SP turning active and diluting the shit out of everyone's votes.
And then I listened to the AMA today with Ned and Justin. As it turned out, it wasn't an AMA, it was an ask me and I'll cherry pick a couple of questions from places I didn't make clear prior to the the AMA. However, after spamming the dlive chat with the question put forward in the title of this post, there was an answer.
It seems J Sun has bought a lot of stake in something he's not fully aware of.
S-E wha? Splinterlands wha? Steem-DAO wha?
There was nothing on these subjects, but at least we got to know which Chinese new year our old and new majority stakeholders were born in.....
We also got told that the plan is to do nothing. Nothing is good. No voting on content with 75 million SP, no voting on witnesses with 75 million SP (and totally dominating who's block producing or not) , no apple cart tipping at all. This is a result in my opinion.
Following the AMA, Aggy hosted 4 hours of community chat. I'm grateful for this and feel much better after the fact.
We are ahead of the times with regards to blockchain governance, there are code-red plans in place if need be, and I'm happy enough having really lost my mojo yesterday.
So, steem on as you were xxxx
EDIT: More news today :/
https://twitter.com/justinsuntron/status/1228971875851632640
Bah.
Thank you for this post, Asher. This almost perfectly sums up my own experience with the AMA-that-wasn't and my feelings after the community chat.
The last time I saw this much engagement and energy from the Steem community was at SF3 in Krakow. Since then, conditions with the platform went into decline and, while I didn't leave, I withdrew to focus on building my own real-world project that might or might not eventually include the Steem blockchain. This development makes me very glad that my team didn't invest more in a front end specific to Steem, but also gives me a tiny glimmer of hope that something good may come from this after all, even if it's a rallying force to keep the spirit of Steem alive in the face of what could be our greatest adversity ever...or our greatest leg up to mainstream adoption. Time will tell.
Thanks for the kind comment @rhondak :)
I agree with you, engagement is up and the spirit of the community has been revived. Who knows what will happen in the future but I think we have to be positive to change.
Good luck with your real-world project, I hope Steem can play a part in that going forward.
!ENGAGE 50
Well, so far so good with the project. We have one book bearing the "Steemhouse" brand that's competing full on with other books in its genre in the mainstream, with some celebrity endorsement and a fully positive review from Kirkus, including a three-month run in their trade publication. We've just launched the companion litmag, and while only one issue is live for now, we've had some good response to it as well. We'll see what the future holds for marrying these concepts with blockchain technology.
I must admit to not hearing much about Steemhouse in the past year - it rings a bell though.
This sounds very promising, well done!
We gave a presentation at SF3 about it. Then we got caught up in some disingenuous offers by a series of developers who made noise about building us a front end and then never delivered. We even lost money when we decided to just pay someone outright rather than partner. This left a really bad taste in our mouths about the integrity of any blockchain project. So we focused inward on the business sans Steem and made a lot more progress that way. We can always revisit the idea of a front end later, but right now it doesn't look likely as it's difficult to see any value in that for us.
Right, well with that knowledge I say fair enough - happy you took the unknowns out of the plan and got things rolling.
At least you are aware of the space and can choose to use it if it benefits.
@rhondak you have received
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I cannot say I see it more positively now. Perhaps it is for you. You get plenty of I voted but the majority does not, no matter what they do, write, join. 🙁
It won't take long before I can quit hosting a contest. Happy Sunday. 🤐
I do get more my than my share - not sure what I can do about this apart from say thank you.
Of course the STINC team needs to stay in place. Tron needs them desperately to educate them and transition. I don't think that's a plus, just a given.
They're also essential to launch the SMTs which Tron would want because it'll be something to hype up on the marketing front. Wouldn't expect a change there. Might be a pump and dump though.
As for the voting, that's a plus if he's sincere. He did BS that his battery was dying to get out of answering more Q's when the AMA was clearly thrown together without an agenda.
Best way to get out of a tricky situation? Pretend you are out of charge. It's like 'sorry, I'm about to go through a tunnel' or screaming 'Oh my god!' really loudly before hanging up mysteriously.
Best way only if it's not thousands of people evaluating demeanor as a new figurehead. What a sham(e).
Screaming the last thing would've been hilarious if his screen went dark. At least he'd not be deceptive and would be a prankster about it.
Forgot to mention the 10% battery thing, comedy :)
I agree the Tron team has much to learn, and that 'doing nothing' is the best approach for all right now.
I was in the same boat and triggered a PD as I was reading a lot of negative articles about things but knew it could always be canceled if I felt better following the AMA and witness chat.
I read pennsif's news post today and there is a lot of optimism which made me feel good again so have stopped the powerdown. Probably would miss this price action by the time the first return to liquid would happen haha.
Things will become more clear over the next month or two but I think there is a steep learning curve for Mr Sun judging by his conversations yesterday - "it's steemit right? It's SMTs right? Battery is running low, gtg"
ha!
Yeah that was a strange one - it's not as if he was sat in a park or somewhere without electricity.
I'm going to run my PD for a week, just for a little trading funds. Will probably mess up whatever I try and end up bringing what's left of it back to power up again :)
!ENGAGE 50
@nickyhavey you have received
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I don't know so much about the context of blockchain/cryptos, but I know a little about "value investing."
So you buy a company with promising assets that's pretty much going nowhere for very little. In this case, including control of 75M Steem/SP at 25 cents apiece.
You put your considerable financial backing, other resources and marketing machine to work on your new acquisition.
It suddenly becomes something, rather than floundering. 18 months later, your 75M Steem/SP are sitting at $10 per Steem. Even if you threw a ridiculous sum like US $100M at development and marketing, you still hold more than a half BILLION dollar profit.
Not so shabby...
Nobody (that I've noticed) seems to be even thinking about a variation on this scenario... yet it's how a lot of investments in the conventional business world play out...
=^..^=
Posted via Steemleo
Justin just announced that token swap and migration is happening, what's that about? Didn't he just say it's not on the agenda for now? It's like suddenly everything's moving forward again, but he's the only one with the details.
Hmmmm. He did say it was not on the agenda, 'for now'. Do you have a link?
This is his tweet from 6hrs ago: https://twitter.com/justinsuntron/status/1228971875851632640
Saying, steemit will begin its migration to TRON heavily implies it's happening now or going to very soon.
Thanks.
Yeah that's pretty much saying the opposite of what was suggested in the AMA.
'For now' was about 12 hours - we are used to 'soon' being 2/3 years :)
Just like you I've hit the Power down button for the first time I'm here. I feel a tiny bit better after listening to a big part of the witnesses chat, but definitely not safe enough to cancel that PD again
We weren't the only ones :) I think I'll stop it in a week and do feel a bit better following the chat on msp waves yesterday.
Well, the Medium article Tronlinkwallet posted today made me feel very insecure again. Someone didn't get the memo, or some else is full of 💩
Nevermind. Just noticed the article got deleted....
!ENGAGE 25
@simplymike you have received
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Oooo..I am in third place among the luckiest of followers on the picture! I wonder why he rewarded the tokens as I don't know whether I would be using dlive again after watching the live stream.
Bravo :)
I wonder how many STEEM you can buy for 1 lemon.
!ENGAGE 25
@afiqsejuk you have received
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Dude! Today is the first time I felt the myth you described to me many times in the past. How it was in the early days. Humans coming together talking, engaging on human things! I wasn’t here in the early days and didn’t know the core group, so never experienced the myth. Today I did. You may say it is not as electric as early days, and the outlook is “survival”. But I don’t care. I have seen what “community” and “engagement” means today. I am grateful for it. I am here till the last block is produced! If someone need to be there to turn off the light, I will be there! But I am sure that day will never come. Never sold or powered down a single steem. Never will
I guess if you've got thousands invested, a little bit of a powerdown can make you feel a little more secure whilst you still have a lot invested. I'm with you though, I'll be holding your hand and turning off the light with ya.
Thanks!
!ENGAGE 50
@riverflows you have received
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I also wanna hold hands.. :) :D
If anything, you will be the man turning the light on :)
The silent investor, inspired by @pharesim / @curangel is much respected around these parts. Thank you for being here!
Hey, @abh12345.
Okay, so I wasn't wrong about your posts yesterday—it's not been that often that I've seen you fired up (infact, I'd be hard pressed to come up with an incident—you're usually trying to defuse me the few times I get worked up. :)
As it is, though, I think you, and everyone else, were well within their rights to not be so keen on a Justin Sun takeover. I can't say I am. If he does end up leaving things as they are, but actually marketing and financing projects, great. I think I'm in watch and see mode, since Steemit Inc.'s track record on things, though greatly improved, still lingers back there, and Sun is more of an unknown quantity.
His reputation here on STEEM is kind of like what STEEM's is out there, so we'll see how that all goes.
On a topic that's not at all directly related to this post—I do have to say that even though Ned has been largely absent from things (which was better for everyone as a whole), and some have been saying he's had his revenge the community for everything they ever said against him for selling out, off, whatever—I'm glad he stayed on as long as he did instead of Dan Larimer.
Larimer has the technical genius to put some pretty magnificent blockchain work together, but what they're doing with EOS and such is not what I'm so interested in, even if VOICE turns out to be a hit. I kind of like this dysfunctional little family we've got going here, with our grassroots workarounds and so forth. :)
Well I wouldn't say you are ever that fired up, just solid opinions and fair reasoning. I however can get a bit mardy at times, and perhaps should keep that off the chain.
As we have seen this morning 'for now' wasn't long at all, and it all feels a bit up in the air again.
Same here :)