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RE: OFFICIAL CALL FOR STRUCTURE PROPOSALS | STAGE ONE
You're absolutely correct. Despite the fact that the ninjaminers aren't investors, but techs, the fact that successful investing produces increase in the value of the investment vehicle remains. Extant circumstances indicate that sound investing won't result, but reason and experience may yet change the paradigm.
Either it will change, or Steem will be eclipsed by a platform that actually produces sound investment.
Thanks!