Okay.
I'm not sure if this makes me feel any better. :) On the one hand, I guess knowing that Justin Sun can't necessarily win a lawsuit against STEEM et al for minimizing the Steemit stake is good to know, since it in essence eliminates one tack he could take that would no doubt be devastating to the blockchain if he could win.
On the other hand, from the account owner standpoint, it's kind of terrifying to know that such a thing is possible without any recourse. Whether the likelihood of it happening is high, low, or in between. I wish I had known this over two years ago. I would have made a more informed decision when I joined STEEM. :)
Thank you for all the answers. I appreciate you writing this post and taking the time to respond.
Hi Glen, I put a Q/A section at the end of my new post, the last one trying to address your concern about the potential for destruction of your coins in a fork. There's no complete comfort in the answer, but maybe you'll find some.
Hey, @blocktrades.
Thanks for doing that. I have read through it. From a purely technical standpoint, I get the dynamics and mechanics of it. The problem is, as you mention in the post, there's human beings involved, with all of their myriad of emotions, principles, experiences and vested interests.
So, knowing it can occur (however unlikely it may be for most of us), is better than not knowing, as I guess I did up until now. Or rather, I knew it was allowed by code. I guess it was the social contract idea, which seems to be tossed around quite a bit right now for other things, that I felt would keep such a thing in check.
Obviously, it has its limits, and for many here, that limit has been met, temporarily or otherwise.