I always knew that Steem was decentralized and I always knew and talked about the concept that someone could come in and buy a controlling stake in Steem.
I even thought about Dan offering Ned (and the fake board) a sum of money for Ned's stake. I took the risk and I don't regret that at all, I know crypto was high risk when I got in.
The most important thing I missed is that because it was crypto and my introduction to the concept of Trustless I thought it didn't matter who else was involved in the project. I thought I could ignore Ned's weak character and many others as well. It was fun and ride and educational.
I felt much more isolated from the rest of the platform than I truly was, because my stake was my stake and theirs was theirs.
It's a great lesson to learn so early in my crypto life, where it stings enough to remember it but causes no real harm.
I have no issue with people making a new chain and leaving and in the wake of that things fall apart and need rebuilding.
Isn't it ironic, that TRUST actually is important after all.
Code is law, but code is written to do the bidding of people. I hope will never forget that. Thanks for the lessons.
Apparently trustlessness is a spectrum. Who knew?
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HIVE IS ALIVE!!!
JOIN US, YOU'LL HAVE EXACTLY THE SAME BALANCE AS YOU HAVE HERE ON STEEM WITHOUT THE CENTRALIZATION AND CENSORSHIP!!
https://hive.blog
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Yeah... it's all about trust.
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