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RE: Steemit Update
I don't think it was intentional, as in a plan, but it really doesn't matter if the result is the same.
If they hold the most stake it is hard to imagine they have the ability to "milk" the community. lol.
There was a communication today, you are commenting on it.
The top 20 witnesses might feel like they have to be careful what they say right now.
We are okay, we just can't rely on SteemIt Inc. That is all there is to it. No drama just a calm realization.
I understand the meaning, intention, plan...
Steemit inc. wants to change into a blockchain company. Same structure as block.one (EOS). So yes I agree, and that's also my take on the state of affairs, no drama, just calm realization.
And I am surely not sad because of the change of roles steemit inc. sees for themselves. I hope for some new kids on the block.
Time will tell, if steemit inc. with its huge stake will allow a new kid on the block... if they block this... I am sure we will fork our way forward. :)
Ned needs to donate Steemit as open source, not steem, let them work on the blockchain, And he needs to keep some Steem but divest most. I suggest a kickstarter campaign for a buy out for everything in the original management team except for 10%, With a closed end dividend for 5 years for them as long as they continue with the business and see a smooth transition. So if they do not want to continue they have a parachute.