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RE: The Value Is Always with the Community

in #steem5 years ago

Appreciate hearing this thoughtful commentary @lukestokes.

I have always been a believer in measured responses and negotiation to see if we can't address as many people's needs as possible. But I am also loath to "drown" in service of keeping an even keel at all times.

The evidence I have seen is that Justin really doesn't care about anything other than making a quick buck. As @v4vapid outlined in a recent post, he appears to be what the investing world calls a "Vulture Capitalist."

There's an old truism that goes something like this: "When someone shows you who they are, believe them the first time."

Justin has already shown the world — through a trail of actions, going back to leveraging Ripple to create Tron, to using "reserved" stake to control witnesses on other blockchains — who he is. Whereas seeking balance and peaceful resolutions is a noble cause, there comes a time where we must consider whether we are asking a leopard to change its spots.

While everyone has been up in arms, I have been trying to keep my eye on the flow of Steem, particularly from/on exchanges... and you know all about this, given the reports you create. I find it noteworthy — and worrisome — that the consistent jump in Steem volume on Bittrex corresponds not most accurately with the Feb. 14th announcements, nor with the 22.2 softfork, nor with the 22.5 takeover... but with the moment it became clear that our consensus witnesses had retaken "veto power," as it were.

I suppose you could argue that the volume jump is related to lacking liquidity on Binance and Huobi... but I sense that would be just a smoke screen, because the volume should have dropped once those exchanges had some liquidity again. I hasn't. Which suggests to me that JS is just amassing Steem ahead of planning a massive powerup to unseat the consensus witnesses, followed by another fork that will effectively centralize Steem. In effect, the stalemate will have bought him enough time for his developers to substantially alter the code in key ways that would render everyone currently influential "impotent" at the flip of a switch.

Essentially, JS would become that proverbial "dictatorial Redditor" who bans and shadowbans anyone who disagrees with him. Such fun! No Moon!

At this point, I am beginning to see the split Dan (blocktrades) just posted about as the most positive and hopeful (or "least shitty?") possible way forward. Justin will still have Steem, but the only effective feather in his TRON cap will be yet another blockchain app with very few users.

I grant you, my perception is also tainted by a 20-year history with venues that compensate content creators for their contributions. All of the ones I've known (50+ and counting) have failed... and I'm sad to say (keeping in mind that generalizations are dangerous, yet often founded on fact) that the "key ingredient" in those failures has been... "domination" and community takeovers by certain cultural segments from South-East Asia where winning and making money/succeeding at any cost supercedes right action. There, I said it.

Sorry to have "blogged on your blog" again... stay healthy!

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Good thoughts even the “politically incorrect” one. Anyway we’re leaving and I see that you’re coming too. I’ve already packed!

Which suggests to me that JS is just amassing Steem ahead of planning a massive powerup to unseat the consensus witnesses, followed by another fork that will effectively centralize Steem.

And would any value be there? I don't think so, but maybe I'm wrong since some people prefer centralization over decentralization. I agree, a new chain may be the best way to go. I hinted that a bit in this post from last night, but didn't want to come out in front of a larger announcement.

You make a very important (though delicate) point that some of the challenges we face as a community relate to much larger ideological differences regarding centralized vs. decentralized governance, hierarchy, and control.

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