I just met a new Steem investor by chance - Next day Steem is over 20c for first time in ages!
View this post on Hive: I just met a new Steem investor by chance - Next day Steem is over 20c for first time in ages!
In mid-February 2020 Justin Sun acquired the shares in Steemit Inc and proceeded centralise the blockchain under his control, improperly using Steemit's founders stake (intended for development and decentralisation of the blockchain) and tricking exchanges into initially supporting his power grab.
After extensive efforts to resolve the dispute failed, the community revolted and formed a new, fully decentralised blockchain - Hive - without the pernicious influence of Justin Sun and his minions.
Because of Open Source licensing, Hive was legally able to duplicate all the code and content on Steem.
The vast majority of the community and decentralised applications and projects moved to Hive and Hive was listed on many cryptocurrency exchanges without having to pay the normal listing fees.
On 19 May 2020, a Steem hard fork (0.23) designed to steal the Steem from 65 accounts associated with creating Hive became public.
My position on this hard fork can be found here: https://peakd.com/hf23/@brianoflondon/letter-to-exchanges-do-not-run-steem-hard-fork-23-hf-0-23-0
This was the final straw for my involvement with Steem.
I will now post exclusively on Hive at https://peakd.com/@apshamilton/posts
All my old Steem content can also be found on Hive.
Over the weekend I met an Israeli guy living in Australia through a friend.
We were chatting about various things and I mentioned my involvement in cryptocurrency.
I told him about the Crypto Class Action against Facebook & Google's Crypto Ad Ban and also mentioned my involvement in Steem.
To my surprise, he told me that he knew about Steem and had just made an investment in it.
He said he was very impressed by the technology. He was advised by some crypto expert in Australia.
I told him to start posting and not to just hold a passive investment.
I also said that the Steem community COMBINED with the great technology is what sets Steem apart from other technically great crypto projects.
Tonight, after the Jewish Shabbat, I turn on my phone and see that Steem is up 45%!
The word is getting out!
I look forward to that day when I meet someone In person and we are both on steem. Go steem.
Pretty amazing to just meet another investor at random. Nice work :)
Matt, are you the expert coaching the guy he talked to??👍🏼
That is happy timing if he bought in yesterday!
took us all by surprise. very pleasant 2020.
Let's hope it keeps going in that direction they say 2020 is going to be a good year 😊
Man I've never met just another random investor for crypto let alone someone else that knows what Steem is and that invested in Steem as well. Very cool.
Hi @apshamilton!
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