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RE: The recent controversy between Steemit Inc and the community - the premine, control, and where it leads this blockchain

in #steem6 years ago (edited)

This makes for interesting reading. But when you leave people with only a nuclear option to get their opinions taken seriously, you can't be surprised by the reaction.

As someone who as been using the steem blockchain for almost a year now, I can say the following:

  • Steemit Inc has been very poor at communicating with the community
  • Steemit Inc has shown little to no respect for people who own steem and whose investments have given value to steem.
  • Steemit Inc's development of the blockchain has been sub-par, there are other projects that have achieved a lot more with a lot less

Anyway, we are where we are. We can't rewrite the past. It's a shame that you are not able to take on feedback and grow with the project. Maybe it's time to accept that steem has outgrown steemit inc

It would be prudent for everyone to accept that steemit inc cannot be held accountable and the sooner we create a community lead development team to develop the code base the better.

Or we could just outsource the whole thing to Block One, IOHK, Blockstream or any other development team.

@kabir88

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Wow Nail on the head....
I have been on the Steem Block Chain for a year and 9 months ago, I did the following cartoon...
steemitdesignproblems.jpg

If there is bondo which makes the paint job bubble on a car.
You can bet there is rust on the under chassis.

But I will say that @Ned is a young guy and it is obvious to me he has been learning on the Job, but leadership and management is a very different set tools then are needed for the marketing/ sales, and for innovation and development. And thruth be told it takes more than 2 years to know how to run a business with a million accounts and 100s of thousands of Users.

That's why most businesses (which SteemIt is) bring in different CEOs as it transitions to different sizes. Ned still should be a founder and beacon to bring people to the block chain, sitting on the Board of Directors, but he should bring a seasoned gray beard in who has dealt with transitioning technologies to Open Source Community building. That's what DEC did with Netscape / Mozilla. At&T did with Unix through bell labs...

All I know is that, it really all comes down to does @ned want to Steem to be around in 2 years or 30? Because I can tell you, with out knowing any of the specific politics and technologies out there,

Within 2 years there will be a blockchain that will be able to cheaply duplicate the the historical information on the Steem Blockchain and through compatibility mode run a virtual node that mimic's the actions of steem apps and api's. Making SteemIt Inc. virtually worthless unless they have further innovations which can only come from a large vibrant Open Source Development community.

After all everything on Steemit is on the wayback machine already....

And there is 1 positive about SteemIt divesting itself of it's Steem.
When it is bought by portfolio investors, which there are more of everyday now.
They lock it up on a wallet without powering it up.

That means scarer Steem ,
Scacer = higher price...
Note price increase since Hivemind, the annoucement and some divestment!
.24 to .43 in 6 days!!!! Without the rest of the market going up!

And as a business person thats important! Considering the average price I bought Steem at was $1.42!!!!!!

I'd agree with all your assessments, and add one more:

  • Steemit Inc has shown very little to no respect for the witnesses whose time and efforts have given value to Steem.

I was just thinking of the points that bug me, but I guess as a witness, that must be annoying.

You should checkout @dolphincouncil, we are trying to coordinate and if there is a fork needed, that would be a good group of people to have onside

Oh absolutely, and I'm glad you took the opportunity to illustrate the points that bug you. They all bug me as well, and I feel the same way, with just that one addition :)

This thread just went full !ned with that screen shot.

Enjoy your ned and don't forget to recommend nedcore!

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