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RE: The "Constantly Shifting Tides" of the Steem Blockchain
I really don’t care about a few non Steem believers powering down their stake. I think it can be good since the remaining ones are getting more cohesive.
What is painful for me is seeing hundreds of thousands of Steem being drained on a weekly basis by the ones who develop the Blockchain ie Steemit Inc.
You can be a fully believer of this Blockchain but the reality is that this behavior is not helping so much for the moral of the Steem believers.
They are killing us and bringing the Steem Blockchain to an invisibility place for investors.
We possibly have the best Blockchain ever but the image outside seems exactly the contrary and it will get worst if we don’t stop the permanent drainage of steemit.
Good post btw.
Posted using Partiko iOS
Hope that will stop sooner than later. But I'm enjoying lower rates for now 😉.
Let the weak hands leave!
I hear ya, buddy. But at the end of the day, even their massive stake is finite. "Steemit" as a platform has always been doing what it says on the tin. Always paying out to it's users through the blockchain. As long as that remains the case, other factors can be dealt with. If anything, there is a chance that all the extra Steem will get picked up by bigger investors. Over time, of course.
As you rightly say, image is very important but I do feel we are also trying to turn that ship around too. It'll take time but we can get there. Steem Monsters, Palnet, Actifit, Dtube. All separate from Steemit. Today's SMT eco-system is a "real" thing and not simply idle chat any longer. Even though we got here via a slightly different route. It really shows what this blockchain is capable of. There is a bigger picture hidden somewhere in here and I do believe patience on our part can potentially yield great rewards. :)