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RE: @Steemit Powers Down! - How Do They Plan To Use Those Funds?
I agree with you that dumping the tokens would be a bad move. However, if this platform and community would fail because of them dumping the tokens, then one could ask what's the actual value of Steemit. If people are in it for the money, it will break, if people genuinely like the idea, then this thing is unstoppable.
I´m more than convinced that there are a lot of people who´ll stay on Steemit even in case the price goes to the ground. But honestly the whole platform is somehow about money so in case this factor gets taken out, whenever steem reaches 0$, it´ll be hard to recover from there.
If Steem reaches null, then spammers have no longer interest in the platform. Which leaves only the people who willingly want to create, good quality content.
Eventually, It should climb back up. All the Intellectual Property published here got to be worth something.