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RE: $1,000 STEEM: Understanding Ecosystems Is The Key
They may not be able to close it down entirely, but the FED could probably do a lot of damage to steemit if they wanted to: there are less than 200 witnesses who run the servers, and most of those are in the States and many are nonymous (Jerry Banfield's even posted videos of where he lives on YouTube); in the grand scheme of things it's not that many people for the government to intimidate.
And you could get another vote another 125 witnesses in instantly if they went after them.
Hell, if push came to shove, there is even the ability to fork the entire blockchain and airdrop other tokens.
Yes, fair enough... but I do wonder how many people would be that committed in the face of state violence?