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RE: There is no way forward without a hardfork?

in Hive Governance4 years ago

I think in his position, I'd probably pull a mad flex; buy a huge amount of steem off the market; push the price up to $5-$10, power it up. Push out the current supermajority for a few blocks, but leave the soft fork in place, then stop voting witnesses entirely; let it all snap back to what it was 10 seconds earlier, and never vote for witnesses again.

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I guess it depends on what his real intentions are. If his objective is to deprecate or takeover the chain uncontested it would be much more expensive now since it's not the same to get a deal OTC than to purchase on the open market. On the other hand if he is smart enough he would see that from a cost/benefit analysis that it's probably more advantageous to colaborate with the current power structure of steem...we will see soon enough.