RE: Steemit Inc. Powerdown Due to Fears of Having Accounts/Stake Stolen in Future HardFork
I commented on this talk of forking the other day. Seems like suicide to me to attempt to devalue the original Steem mined, as it would send a clear message to any current investors as well as future ones that their investment could be devalued as well.
I do wonder though whether they actually feared such a thing or if this was a convenient excuse to continue exiting the chain. Not for me to know at this time, but I can say that overall this is yet another straw on the continuing worries running rampant here. I have seen many posts, one of which recently was a screenshot of Dan saying that Steemit.inc was in control of Steem back when he left. Not sure of the validity of the shot, nor exactly which post I saw it on in the comments. There have been many posts of late crying doom and arguing over the future or lack of.
Maybe foolish here, but I am going to continue holding. If this is an exit and everything folds, it will hurt to lose the money, but have lost much more in my life to outright worthless endeavors. Will hurt more that the hope I have seen here didn't pan out. But...just maybe... this is a defining moment and those who are stampeding for the doors will envy those of us who stick around giving this a chance to go through these growing pains.
just to note, enough top witnesses did actually seriously discuss this proposal in various channels where enough eyes saw it, that it is not at all unreasonable that Steemit took action to start mitigating risk by moving Steem off platform. One would have hoped that all top witnesses were smart enough to categorically and immediately reject this, but the actual honest to goodness truth is that more than just one or two top witnesses literally did discuss doing this.
Good to know there is some discussion among the witnesses, even if just a few.
Thanks, I was unaware any of the top witnesses were willing to tear the chain apart. Hopefully they will not remain top witnesses for long.
I doubt they are pulling out, given what I concluded here. Steemit is in shambles given the work that was done since Dan left, which isn't much... I read his words too. I trust Dan more than other developers in crypto.
Maybe things will turn around ;)