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RE: Steem Consensus Witness Statement: Code Updated
It's more than selectively picking the biggest one. They've selectively chosen to ignore the ninja-mined stake that is already doing what they're afraid of in favor of blocking one that isn't, while doing things that way accrues financial benefit to themselves.
To be fair, their argument is (as I understand it) the steemit inc stake has been bound by a contract with the community, so this is to enforce that contract.