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RE: What is your evaluation regarding the current situation ?
As a business man and entrepreneur what do you see as the best way forward in this battle?
As a business man and entrepreneur what do you see as the best way forward in this battle?
Thanks for asking, it's a very simple situation that can be solved very quickly.
Investor Justin has a business logic, he and similar brokers need liquid Steem, so he wants Power Down to last a short time. On the other hand, we have a blockchain social network - a platform that seeks stability, essentially fear and trying to preserve something old is what now dominates. To take one example, you have 300,000 Steem in Voting Power, your neighbour is selling a $ 500,000 house for only $ 150,000, you need $ 50,000 to raise and pay for such a nice investment. You don't have 13 weeks to do it, but if the power down was shorter - max 1 to 2 weeks, then you could sell Steem and raise money for a great deal. On the other hand, investing in Steem Power under the old system is no longer attractive to new investors, it all comes down to a closed circle of people. So we need a change in several directions - To move towards mass adoption through supporting projects that are more in the direction of the business and not just through the social network. Greater decentralization and democracy where investors have less influence on witness choice, simply give the community a greater level of decision-making. Setting clear goals by raising Steem value, pitching into a large number of stock exchanges, this is the part that Justin can do. We need reason here instead of ego, emotions in business should be shut off and put on the table, so we really have nothing to lose.
Negotiating team with a clear vision, aligning the business model with Justin and launching a project. Where there is a will, there are ways. Everything else is just an escape from focus and great success that can be achieved with synergy in a very short time.