@vimukthi thanks for resteeming this post.

It's exactly what I've been feeling for a while. I've been powering down and cashing out probably 1000-2000 since I came to realize I don't have that much confidence in the management of this chain.

The socialist attitude and hate for investors and advertisers is one of the biggest things.

The fact that the rules of the chain can change very easily through company and witness influence is scary to me. That and the high level of SBD printing which is set to increase at the next hardfork.

I'm sympathetic to the cause steem was created for and think it's an amazing prototype, still using it daily. But without confidence in governance I'm not willing to keep a large % of my crypto locked up in it.

I've moved a lot into BAT because I think they're trying to solve the same problem as STEEM but allow creators to host on any website. It also takes into account advertisers, welcomes both advertising and investment.

Like this article says steem does not feel welcoming to large advertisers or investors. So I may keep posting but won't leave a lot invested here.