RE: You are all a bunch of cowards!
If there is no intervention implemented to counter this type of abuse of power--a Hard Fork for instance--than I see no reason to hold or buy Steem Power for long-term goal.
EOS is about to launch on June, this year. Expect a separatist group(s) to emerge which will be built on top of the most powerful blockchain infrastructure on the planet! By that time, every disgruntled minnows--myself included--will gravitate towards the new platform.
Now I'm beginning to understand why @ned is so pissed off every time he sees an official press release by @eosio published on @steemit. There must be a reason for that!
If you are heavily invested into Steem Power--it is about to re-think your investment strategy by now! EOS is going to paralyze Steemit for real--given that it is an upgrade which is far more scalable than @steem itself!
The strange thing is, that steemit as social platform is marvelous, but unfortunately behaves financially like bad old capitalists. Maybe we could build on top of EOS a better social media platform.
The social engagement on @steemit has far exceeded my expectation--hats off on that! Community members are alive and kicking! In other words, it is more like Facebook and also beyond Reddit.
But alas, the system of reward distribution is poorly implemented! Whales tend to forget that the value of Steem still relies on people who believe the token is valuable.
The fact that Steem is only listed on 4 exchanges out of 7,479 total cryptocurrency markets should make them alarmed and wonder why it is not marketed very well.
Once this 4 exchanges decide to de-list Steem and SBD, the game is almost over! The bubble is worst than Bitcoin! BitShares DEX? No kidding please!
Let's take Changelly. They used to swap Steem and SBD for a bunch of other crypto asset--but now no more!
Time to move on to a more decent token of value which does real shit and not just shit posts and circle jerks among members of inner circle all while raping the shaky reward fund!
I strongly believe Everipedia is only the beginning--more to follow. I even expect some of the mainstream social media to evolve and adapt to the new paradigm of content sharing.
Glad to be on the front-seat while waiting for the IQ airdrop to come!