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RE: The STEEM is dead, long live the STEEM!
From what I've read...you're probably correct.
It's basically a hostile takeover.
They're likely planning on moving all of the Steem capabilities over to TRON and forcing an exchange to either TRON or some kind of SteemTRON token.
Utterly bullshit.
I wouldn't say a hostile takeover. More like a peaceful assimilation.
I honestly hope I am wrong.