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RE: Step Off The Ledge: This Is All Great News

in Threespeak - OLD4 years ago (edited)

I completely agree with what you're saying about all the other dapps needing to be bribed & the witnesses for that matter, but the critical factor for me is that this is very obviously a hostile takeover and because of the token swap/airdrop the steem token value all the content creators here have built, will be watered down!

Why should a bunch of Tron twitter moon boys, who can barely string a sentence together gain a portion of the value of the years of high quality writing I, and others, have put in to steem? What happens if the majority exchange their steem tokens, and then a bunch of Tron hodlers get thousands of tron/steem tokens? I'm pretty sure it would cause two effects; the overall lowering of price of said tokens (Tron hodlers won't care because to them it's free money), and the proliferation of shit posts with high reward/influence that has never been earned or paid for by these new airdroped dolphins, orcas and whales on the new Tron-based platform.

Hear this clearly: Steemit Inc does not own the blockchain nor do they have the ability to dictate what happens to it.

The first part of this statement is 100% right, but I don't agree with you when you say stincs stake (now Justine sun's) can't influence who gets into consensus witness position... and he will use that stake ruthlessly to undermine what we have all built together to hijack steem to Tron, unless as you've pointed out steem is forked. If the majority of the consensus witnesses are under his thumb, then he 100% can dictate what happens to the chain his agenda would be pushed forward.

But as you point out, we could fork steem to prevent all that happening, but that fork needs to happen quickly before he puts his plans into action or all the promise that SMT's and communities show will go down the toilet.

I will personally be listening to the dlive talk, and dropping into the witness forum afterwards in discord to listen, as well as writing a few posts about this, but honestly, I think that the forgone conclusion of all this is that steem needs to fork very quickly with a strong majority of users to retain both the network and the tokens value.