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RE: "Better the Devils you know, than the Devil you don't" ... Migrating to a new blockchain
Do you still think Justin's plan is to migrate steem users and steemit.com over to Tron? Or do you think recent develoments have him just wanting to dump as soon as possible and move on?
@jondoe,
Honestly, I haven't a clue.
@justinsunsteemit has a huge stake and he can't start dumping STEEM without causing the price to collapse ... which would hurt him more than anyone else.
If I were him, I'd maintain the status quo (re: Witness Votes) ... but I'd use the Steemit Inc. stake to start curating content on Steemit. That would generate cashflow (curation awards), materially increase post payouts (author awards) while diminishing the percentage of the Reward Pool being paid out to Whales, Witnesses & DApp developers.
There's nothing that would win the hearts and minds of regular Steemians faster than increasing their post payouts. If he were disciplined ... and only curated "quality content" ... it would also rapidly augment the reputation of the Steemit social media platform. The higher quality in Trending, combined with the increased post payouts, could very easily re-activate inactive users while attracting new ones. And this is what would be required to initiate a positive feedback loop.
P.S. Justin, on the off chance you read this comment, you need to hire a native anglophone to communicate with the community ... especially respecting a resolution to the current impasse. While I applaud your use of English, your linguistic skills (and those of your current non-anglophone spokespeople) are insufficient to communicate the required nuances.
Quill
I agree with all of this, but the question is will he? Nothing we have seen to date leads me to believe he has serious plans for steem or steemit. He doesn't do anything on here or really even mention it on his twitter. This might have been his plan initially (growing the ecosystem and creating value), but are you seeing any evidence that this is still his plan?
@jondoe,
At this point, who knows? My guess is that he's trying to let the dust settle, to let people cool down. At this point, if he posted, "Good Morning," there would those who would have a fit.
My guess is that there are private communications going on between him and some of the Whales/Witnesses. The more pragmatic of the Whales/Witnesses know that the status quo is not sustainable and that he's not just going to walk away from $10-12 million.
Quill