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He left Steemit last year and does now EOS. The co-founder @ned is running the show.

But that is causing a real problem, he had created the money from thin air know he is leaving just after a year even before the platform is established completely , I mean it is still in beta version. This is causing the price to drop.

This is totally old news and happened nearly a year ago. Nobody cares about that anymore. He helped to build up the Steem blockchain and did a great job. He left for differences in his vision of a perfect blockchain which Steem isn't in his opinion. He want much more flexibility and that's more or less why he created EOS. Many people here think he is doing a good job.

Ya but he created the steemit and . he powering down shows that he himself doesn't believe in the system.

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