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RE: Should Steemians Get Worried: @steemit Account is Powering Down
That money belongs to Steemit, they can do what they want with it.
That's true.
However, if anybody does anything with such a huge stake, that can have an impact on the value of your or my stake, as well.
Combined with the lack of any official information about the purpose of the power down, that means everybody must decide themselves how and if to react.
I cannot give you any advice, because whatever I think or conclude isn't based on knowledge but only pure speculation.
Perhaps my comment is a little misleading due to its brevity. It's clear to me that what's happening around the steemit stake also affects our stakes, I'm not naive about that. But I don't want to act based on pure speculation (there are already many theories) and certainly not panic. So instead of thinking a lot or reading a lot in advance, I will wait for a statement from Steemit or watch what might happen to the liquid Steem coins already today. I do not hope that my possible reaction is already too late by then.
Did you also read my comment to Stef1? It might tell you what my first thought impulse was. I just don't believe that the owners of Stinc want to ruin themselves and us on purpose.