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RE: Justin says Steemit is migrating to Tron: Time to Panic or Things will be OK for Now?

in #steem4 years ago

if that's true he's only migrating steemit.com and its sheep users (which i doubt would add any value to tron or any other blockchain). anyone with even the slightest understanding on steem wouldn't give it up for some random tokens without any of its merits.

if justin wants a blind overhaul on steemit thinking that's gonna move the userbase over to tron, so be it. i'd like to see a fork without that ninja mined stake anyways :)

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You seem to believe that Steem, the blockchain, will do fine regardless. STEEM on exchanges will become the TRC20, not our STEEM. Liquidity for our STEEM tokens will dry up almost entirely and the price tag will drop so low that witnesses will be working for free.

I suppose that is fine if all you want is STEEM to be a utility token exclusively used within the blockchain without much of a secondary market. But people's desire for an "immutable blog space" is going to be tested soon, because Steem Classic will have to come back from a huge drop to regain the position it has right now.

you seem to believe that when text changes on a website, it magically turns steem into trc.