You are viewing a single comment's thread from:

RE: My thoughts about steemit powerdown

in #steemit5 years ago

Agreed. I also think that this will be better for the long term as long as Steemit Inc delivers on SMTs. Months ago I claimed that STEEM has two major problems.

  1. Initial distribution was a mess (temporary PoW + Ninja mine)
  2. Lack of a clear constitution

The recent actions of Steemit Inc could at least help towards better distribution and selling pressure could keep the prices low for longer allowing active steemians to grow faster in terms of STEEM. All I demand from Steemit Inc is 100% delivery of their SMT promise. They made the promise and they better stick to it. What they do with their stake is theirs.

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.030
BTC 68156.12
ETH 3727.18
USDT 1.00
SBD 3.65