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RE: Ned Scott CEO of Steemit Inc CONFIRMS he is STAYING on Steemit on his Telegram group. Ned is NOT 'selling 50% of his Stake" NOPE he is just powering down 1.8 Million Steem but thats NOT the same as Selling on the market! COMPLETELY different things!

in #steem6 years ago

Sometimes... the effect of "What a big name do" will make overreaction of public.

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Yup that's why I thought it was SUper important to push out this post and I think I should do another one too to keep reminding people that @ned is actually more invested than ANYONE else, and to claim otherwise is not fair to Him. he has the MOST to loose! ned wont be powering down if he wants to access his wealth on steem.

He knows that by the time hes done USING his stake he will have a stake so large that when he just rents OUT his SP he will make more than even powering down any at all!

just simply not touching most of his SP allows other Steemians to get a bigger allocation of the reward pool. By doing less hes doing more
But ned is doing a great job by showing restraint and one day, he will be able to cash out 1% of his stake and it will be bigger than 10% of his stake today... BUT if he just leases out some of his SP he can make liquid steem without having to power down! Imagine how useful that can be for @ned when he wants to keep a record of not powering down for whatever reason or another, to show others how its possible maybe to get liquid without powering down by leveraging your SP leasing it on the market etc.

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