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RE: My Response To The TRON Foundation and Steem Witness Meeting 3/6/20
Lets work on the exchanges issue first.
Like you said that's the ONE thing Justin wants, a quick powerdown.
Why.
Because what the exchanges did and are continuing to do is ILLEGAL, they are using our steem against us and the world is watching.
His clients, Justin and the exchanges are stuck. They can't get OUR steem back out without doing a hard forked powerdown, or waiting. And it looks like the hard fork is NOT TECHNICALLY POSSIBLE within two months.
So if we can hold the line on the 13 or 4 week powerdown.
We can put pressure on them and profit at the same time.
We can force the exchanges to buy the steem they need from the open market or Justin.
IT'S IS NOT OUR PROBLEM. IT'S OUR STRENGTH!
Love steem
This is the entire conversation, I don't understand why there is anything else.
All the pressure is from the exchanges because of their monumental (and very possibly illegal)fuck up.
If they'd powered down immediately, they would have nearly 8% of their stake already back in the exchanges around now.
ffs.
What a group of idiots.
I think there is more to this. I dont think thos is just about exchanges...we'll see
I think 95% of it is precisely the exchanges - as they've fucked up monumentally, and are now pressuring - big time - to resolve it.
This could destroy the credibility of them.
I think that's caused by using 20 engineers to negotiate one business deal.
They see and try fix too many things at once.
Problem: I need to make the building stand up against gravity.
Answer: Stronger walls.
SubAnswer1: Don't forget about wind.
SubAnswer2: Earthquakes, ya gotta factor in earthquakes.
SubAnswer3: Snow, sometimes it snows, gotta factor snow load.
SubAnswer4: Flooding, I know it's not directly related to the goal but it is a factor.
SubAnswer5: With all this added structure we need to make the walls stronger.
SubAnswer6: And so on..
As far as the exchanges and legality. I can't see how freezing (withdrawals suspended) customer funds so you can use those funds to directly vote AGINST said customers to execute a hostile takeover of his asset (Blockchain) could be legal.
The legality is very dubious, if not downright illegal, I recon.
Which is the reason they want out ASAP.
If I was comparing this to game of no texas hold 'em, Steem have quads and tron is trying to bluff with 2 pairs.
And this with a time limit on the rounds.
I'm not sure the witnesses understand poker...lol
Ok, how about if you substitute your Texas Hold'em analogy with a SteemMonsters one.
Then maybe some understanding??
lol - I've never been on steem monsters, soz!
Nice! Thank you