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RE: Steem Town Hall - Today in 1 hour
They didn't stop because of ad revenue per say. They took a month off as they had a nice stock pile of cash reserves is closer to reality. Most recently, the ad revenue was stated to be accounting for roughly 20% of their monthly expenses, which means that steemit,inc was still UNDERFUNDED by 80% without selling steem...
You said underfunded. Are you saying Steemit Inc was losing money monthly? So, I guess that is true based on what they've been saying the past year or longer. So, then they sold their company to Tron who then inherits what could become potential debt, potential bankruptcy, right? I'm ok with ad revenue by the way.
Yes, they were losing money every month, only way they could make payroll was to sell steem every month. The same steem that the community is fighting over right now.
But what about the centralizing of the witnesses?
He only did so that he could gain access to his stake that was frozen by the witnesses. He has made it very clear, his actions were simply a response to what was done to his stake that he paid for. He really didn't have much other choice at that point. He needs to get a voice of reason in his ear before this thing turns into him dumping his stake on the open market and making it his personal mission to kill steem.
How can it be frozen? And if it was frozen, then that was a risk that he took. In life, you take risks and you might lose sometimes.
They initiated a soft fork that prevented his newly acquired stake from being transferred or used to vote. It basically became worthless with that soft fork.
Are they not allowed to fork? Was Weku not allowed to fork into Weku? Was Bear Shares not allowed to fork into an independent blockchain website? Did Smoke.io illegally fork away to their own place? What about Sapien? What about Dream Real? What about Serey? Must I continue? Was Bitcoin Cash not allowed to fork from Bitcoin? Was that evil or illegal or something? We can talk all day about different forks. Churches split, AKA fork. People have been forking and spooning for thousands of years. Are you criticizing the forking? Are you trying to criminalize the forking? Are people not allowed and not free to fork whenever they want? Isn't that the what Copy Left, not Copy Right, and open source, is all about? Because we are not talking about stuff that is not open source. And web browsers fork as well. Ubuntu Mate is a fork of Ubuntu. I can give you thousands of examples of forks. I'm ok with forks. That is evolution. That is competition. That is life. That is the free market that counters monopolies, cartels, etc.