That's incredible, I didn't know about this earlier Steem history. Since Steem depreciates over time, their stake will slowly diminish without them selling it off. Do you think this is their intent?
People seem more excited about EOS. What more can you say about EOS competing with Steem?
I'm not too worried initially. We have 706k accounts over here, and we'll have Steem as a tradable token that should be worth an assload later. I don't know how Dan's gonna handle post rewards etc or other forms of encouragement ot post over there. I dont' think handing out EOS tokens is the plan there.
Steemit also seems to be slowly divesting their stake. We'll see.