Things Are Not Quite Adding Up

I was on Twitter a fortnight ago and something caught my eye. Steemit were hiring. Yep! Did anyone else see this? I looked back on the tweeter machine and it ain't there anymore. Somebody did a delete with their fingers. I found the roles on linkedin though so I wasn't imagining things it seems. I remember this so clearly because I powered up 500 steem because of the news. I love Steemit but I like to do some research before I invest in a coin and this news coming from the horse's tweet added to all the great plans with SMT's at steemfest were enough to make me take the plunge. Last night I hear that 70% of the workforce has been cut.
I would of liked to go to Steemfest and I will attend next year if we are still around but I can't help feeling that there are a few disgruntled Steemians that spent their hard earned money traveling to Krakow Poland only to be told a week later that projects such as the long awaited SMT launch was on the back burner. I would be well pissed off if I was one of the delegates. Everyone came back from Steemfest rather upbeat (apart from the 1000 depressing Auschwitz posts). That upbeatness was taken away by one post last night and has plunged the whole community into a state of uncertainty.
But it made me think. There is certainly a lack of transparency between the core team and the rest of the community. Ned was doing a questions and answers session and I was amazed at some of the questions that well regarded witness's were asking. They were as much in the dark as anyone it looks like. Were the Dapp developers taken by surprise with this announcement last night also? I am amazed at the lack of communication that is going on and also the lack of engagement from the big boys.
They should be leading from the front, engaging and curating. @cryptoandcoffee mentioned 20 OR 40 million SP in the steemit account just sitting there. It must be in escrow or something legal that makes it untouchable but it's not as if they are engaging with us which is a shame.
We all want steemit to work. We are all invested in it. I am still a small timer here so I can only imagine if someone with a significant cash investment in the platform is feeling. I would be extremely worried by that statement last night and I am surprised the currency hasn't gone to 20 cent with this news. Cryptocurrency is funny in a way because the news takes a while to filter down to the coin's value. I was fully expecting Steemit to tank today but Bitcoin rebounded. It will be interesting to see how Steem will do once bitcoin goes down again and it will go down again!
It is clear the the massive drop in bitcoin must of forced Steem Inc's hand last week because if this was going on during steemfest I would of been very surprised. Maybe it's time to get in some new blood and its a good time to trim the fat.

Another position available. Things are not quite adding up. I don't know how crypto has such a bad name!

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