Dear @solarwarrior
Interesting and catchy chocie of topic.
Thanks for wraping it up and sharing your opinion.
he now only wants to get his money back as soon as possible
That would be catastrophic in consequences. If he only want's to pull out and leave void behind him, then there isn't much future for any development of steem blockchain any more :( At least I cannot see it.
So ... some low blows coming from both sides has been exchanged. Some people think that soft fork was unnecessary provokation, most seem to believe that it was necessary and justified. Either way - soft fork and justin reaction escalated this conflict.
Right now it's hard to imagine that those 2 parties could get along. Level of hostility and narrative "us versus him" is just to strong. Even if witnesses (with their support) would "destroy and teach" Justin a lesson - where will it all take us?
From business point of view, I cannot imagine any project being succesful if establish community is fighting with major investor. It's hard not to think that things will only get so much worse.
One thing that surprise me is the fact, that so many users are mentioning centralization/decentralization of steem blockchain. Previously to current situation this place wasn't decentralized at all. It was more like a democratic country, where almost all 20 major politicians know each other and collaborate and are part of one party. Only now we finally are witnessing some sort of decentralization. Wouldn't you agree?
We surely need to be prepared for heavy price drop if Justin will decide to abandon his investment, without finding anyone to replace him.
Upvoted already,
Yours, Piotr
Hey...
I would agree to most points you made. If his stake really gets sold at the end I believe only 50% of it should be sold to one single party and the other 50% over the exchanges to a huge crowd of people...
Then this danger of someone capturing the chain is over.
In regards to funds for steeminc and development... I totally agree.. whichever cash or liquid asset steeminc has left he will quickly take it out o the company and hence the situation in this regard is even worse than before TRON day...
So I would say we need a white knight that buys out Justin and subsequently sits together with the community to make a decent plan for steems future....
Looking at this now from a ex post point of time NED really screwed us over....
Indeed. Ned really did screwed many people.