RE: The Great Steem-Tron Meltdown Explained
Read this:
...but for now, Steem is token-stake based voting. The difference between stake and a token-stack can be measured by skin-in-the-game. Whether you like it or not: ninja-mined stake is no stake at all. Yes, @ned and @dan payed for the amazon-servers to mine their tokens, but it is not comparable to the average stakeholder, who bought the tokens as an investor.
"Sun bought his tokens"
This is why you should resolve this problem as quick as possible. Yes, @justinsun bought steemit.Inc but still it is ninja-mined stake which is no stake at all. Yes, cutting his stake out violates fungibility (= one coin looks like the other) of crypto tokens, sure but crypto never was fungible. We will come to a point, where Silk-Road Bitcoins will become a problem, no body will take them, same goes for ninja-mined token.