It’s not just Grinch-worthy, it’s shocking.It’s an attack on the entire crypto industry and American innovation.
Obviously I hate XRP and he is a huge douchebag, but he is our douchebag. If they win this lawsuit it could spark a legendary alt-market.
This is one reason why I like my heavy exposure to Hive. We are x1000 times harder to attack now that we've forked Steemit Inc off the network.
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Yeah where do you deliver the lawsuit?
There isnt even a foundation to go after.
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Not only that, but the hostile takeover itself proves we aren't being lorded over by anyone. Any entity that attempts to take centralized control will be kicked to the curb and lose all their stake. No one would dare risk 80M Hive at this point.
If the SEC tries to go after top witness and they drop out they will simply be replaced by other witnesses.
Hard to go after many of the top witnesses since most are not in the States. They could try to do something but in many of the countries they reside in, nobody cares about the SEC.
Yes we did prove resilient. And quite frankly, with all the HIVE that was doled out the last 9 months, it is only getting more difficult to stage such an outside attack. It was probably impossible on Steem outside of the path that Sun took. If not for Steemit Inc's stake, takeover was likely not possible.
Another year or two will help to push things even wider. Each passing month makes it more difficult.
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