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RE: Your stake in Steem on centralized exchanges was just used to take over the Steem Blockchain
How does shortening the powerdown cycle equate to a bad move? The retarded power down deal never protected the price from dropping like a guillotine anyways so what does it matter. I have been saying it should be 3 days for a long time just so if it is initiated the person can opt to get an email notifying them for security reasons but other than that the power up power down did nothing but scare people away. Scorum has a 1 year power down cycle. it is dumb..... no one wants that
Shortening the power down time is a clear bail-out of the exchanges who misused customer funds to centralize control of the Steem blockchain.
Well that is part of the reason they are changing it to that but I'm saying in general. I was saying that the power down needed to be changed many many months ago. Also I agreed with what DTube was doing in getting rid of the power down all together. It was just confusing people and keeping investors away because they didn't want their money stuck in the system for no actual benefit.
It is like a Bank saying you have to tell them you want to take your money out 3 months in advance. It is stupid.
Just another group of rich people in control. The current witnesses didn't please Ned and so Ned left them and fed them to the sharks that could give him what he wanted.
Ned fed them to the sharks. LOL It is kind of a funny thought.
