Dear Steemit. I have a problem.
Dear Auntie Steemit,
What should I do? I was once a part of this great company that was flying high in its industry. All of a sudden the bubble burst and the stock went downhill fast. It was worth 20 squideroo per share and now it's only worth 18 cent.It's been quiet here since. Our suppliers have all but disappeared. Our owner just sits around all day playing tunes on his guitar hoping someone will buy his shares. There are talks of a young billionaire taking over. Maybe if we gave him a chance he might restore the company to its former glory. A few of the chief execs that have stake in the company are not happy about this potential takeover. They do not want this young billionaire coming in for some reason.
A few days later......
The billionaire has taken over. The guy is a bit flash with big ideas but I kinda like a guy who is motivated instead of having this dead wood as a CEO. Fuck it, we may as well give it try I think. Whats the worst that can happen. The company shares go to 10 cent?? He actually purchased the shares off the owner which gives him the deeds to the property. What a nutcase!! The chief execs are not happy campers. They were happy feasting off expenses until the ship went down. They are giving out that the owner should never of even sold his shares because he promised the chief execs that he would invest in the company. Anyway a hilarious thing happened. The chief execs wouldn't leave the new owner into the building. They locked the guy out before he could even say hello. Imagine that! They said they wanted to talk with him over the phone before he arrived in to make changes so they changed the bloody locks. Isn't that mad!!
So he came along with a shit load of bulldozers and tore the building down. Now he even has a hit out on the wife and kids. Now we are all fucked. I supposed they shouldn't of messed with a billionaire. It is not as if he got where he is by being Mr nice guy. The chief exec's are all meeting in a coffee shop around the place to decide what to do. Lots of fighting and squabbling. Nothing changes there then. It's all the one. The building is bloody gone. They can talk all they like. The billionaire owner has now set up shop in a swanky new headquarters with his own peeps on the board. The old chief execs are thinking about going out on their own. Who will pay for it though? Anyway should I join the chief execs or the new lad? What should I do?
A few of us pointed out this glaring reality. (after the soft fork of course, as we were not informed of it happening beforehand)
If anyone thought there would be no re action to those actions, they were living in lalal land, with too much hubris to be able to see reality.
Interesting times.
Never mess with a billionaire!! The father always told me that! 😃. Good to hear from you matey. You normally disagree with my shitposts
I normally disagree with 90% of people on here, you're not special. lollolol.
I know right? (the billionaire thing)
The funny thing is, nothing was ever 'done' pre justin, in regards to ned and his stake.
Why is that?
Because all the witness were very comfortable, thank you.
Toys, prams, an throwing, comes to mind.
You can't have an oligarchical system and expect it to function in a non oligarchical way.
The naivety in these parts is astounding.
decentralization eh? If you know the top 20 witnesses , then it is hardly decentralized. yup
i can see your point, i don't agree with it, but what exchanges did to help this, i hope they feel it. not sure is it against the low but it is unethical. and if this takeover failed or they had a bug in their HF steem on that exchanges would be locked for 13 weeks.
Yep very unethical but this guy owns one of the exchanges. You can also say the soft fork is unethical. Imagine if you paid millions for a company and they try and screw you. It has set crypto back a couple of years in credibility. You play dirty , expect a comeback and it has happened.
i understand what he did, he most probably would do this in the future when he would not be happy with witnesses.
Exchanges had nothing to gain, and if it is true they did that for profit. 2mil steem transferred to them after. so for profit they were ready to lock peoples coins for 13 weeks.
Witnesses shouldn't of soft forked if they were not happy with him in the future but they played dirty and it looks like the billionaire called in a few favours. Whether it is dirty or not the witnesses started this.
only thing that witnesses fucked up was trusting Ned. that code should be implemented when it was coded (think HF14 or 16). not trusting on founders words. contract or code. and people in the future will know, we always said steem is an experiment.
True .