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RE: Steemit.com Is Not The Decentralized Platform You Think It Is

in #steemit9 years ago

Not truly surprised as I had discovered some of this the day Dan announced his resignation. Prior to that I didn't realize how much gatekeeping ability they had due to that hitherto line in the license.

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Yes me too; Ned's article about Dan inspired me to write this and as I was researching it, I found out that Steem is owned 100% by Steemit. Which I guess makes sense, seeing as the website produces 1.2 million Steem per day. Without total ownership, they would be in a very precarious position.

Cg