RE: What is Steemit Inc Telling Us With This Power Down?
I am too vested into this to panic at this point as there is still certainly a lot of noise but nothing clearly communicated. On one side, taking their stake would not be the best path forward as it would question the immutable concept of the protocol and should worry us all if our keys can be nulled. On the other, if someone with such large a stake (that was premined and not necessarily earned-thin line IMO) is not providing the value needed to move forward, there should be something done to govern how they monetize their stake given the potential impact of an immediate exit. While maybe to easy of an approach, I am personally taking the sideline to see how it plays out while trying to continually engage for perspective on this and other aspects of our future as a community and ecosystem.
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I don't think I would vote in favor of forking away their stake. I'm mad that they are trying to take away the option in the first place. I respect the consensus of this community, so if the consensus is to fork away their stake then that's what we should do. I don't think that we would ever agree on that, which is why this move is even more ridiculous.
Causing an exit-scam panic to prevent something from happening that has a one in a million chance? Dumb. @almost-digital fucking played you @ned! This was the best possible outcome to show how weak our fearless leaders are.
Honestly, Steemit's ninja-mine isn't that big of a deal. Just look at the Federal Reserve. They could literally print out 100 trillion dollars tomorrow and spend it wherever, and they've somehow convinced the population that Jeff Bezos is the richest person in the world? It's amazing.
Steemit can only spend those coins once... and I hope it's sooner rather than later.