Losing face and a simple Lesson for Justin Sun

in hive-174578 •  5 years ago  (edited)

“Reputation is what strangers think of you and character is what your friends know you are”
_Ricky Gervais

Has anyone heard from Justin Sun's friends, because all us strangers think he is crazy AF. I wonder if behind closed doors with his close circle, he is thoughtful, measured and zen - because on social media, that dude is a nutter!

I personally don't think that much about my reputation, but for a public person who's industry is a volatile and highly tradeable asset class that rides on sentiment - After the last few days and weeks, does anyone have any faith in the way he conducts himself and his business? If I was deep in Tron, I might have to consider my position.

You have likely seen this already:

image.png

So, Binance is finally hitting the Power Down button, something they only just learned about. It seems that the Tron Team has failed to mention one or two things about the way Steem operates - but then, they don't seem to know much about it themselves.

This move from CZ was instigated after Justin Sun Tweeted out year-old "evidence" from Github of a proposal that was put forward by a single user to cause drama.

image.png

I wonder how much damage has this whole "Steem Situation" (Tarantino-esque) had on his reputation in his industry and within his circles? He is currently the Mel Gibson of crypto. Yet, there is no backing down, just doubling-down, in a Trump-like refusal to admit to any wrong doing - Or... Shaggy...

Will he get away with it or is it going to cost him? What I wonder is, was it worth it? He obviously has a very large ego on him and as a result, can't bring himself to accept failure - but is he really willing to take a heavy loss over this in his other projects? It does seem that at least some of the relationships he might have been nurturing the last few years could be wearing thin and with Tron's market cap being around 1.3 Billion, will it take a hit? Is it worth even risking?

Maybe it is the trader's dilemma where one doesn't want to sell below buying price, even if the loss could be made up by selling lower and then buying the dip which is lower again, or moving into another project. One thing seems rock-solid now, Justin Sun is going to remember Steem - yet they are unlikely to be fond memories and it could be the type of thing like at the end of a Scooby Doo episode when they catch the crook,

"And I would have gotten away with it too, if it weren't for you meddling kids Steemians!"

And he is pretty crooked it seems, as it seems quite obvious that he has either the worst fact-checkers in the world, or he really doesn't mind lying publicly and privately in order to get his way. They obviously didn't tell CZ and Binance the full story, and he sure as hell hasn't held back on the little white black as night lies when it has come to the communication to the Steem community and witnesses. It almost seems pathological.

Now, this is the thing about reputation and like the quote above, I do not know Justin Sun if he came up and asked me, "Do you like Justin Sun, or you just want to fuck him?" In fact, due to the usage of third-person, I would suspect that it wasn't Justin Sun talking. My point is, I am a stranger in Justin Sun's world and I only know of him what I have come to know in the last few weeks from observing his actions and listening to what he has to say.

Change my mind Justin.

I am guessing that it isn't going to be through a removal of the dummy witnesses, an earnest attempt to make amends through investment and development and a humble public apology to the Steem community.

You know my philosophy for life and on Steem, but I will reiterate it just in case @justinsunsteemit happens upon this post and wants to learn something.

Don't be a dick.

So far Justin, you have failed heavily in this regard.

Taraz
[ a Steem original ]

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I find it interesting that Justin has gotten this far in the blockchain world, but I think he has finally met his match; the Steem community.

Yeah it is. I am guessing he has been relatively protected from direct community engagement, since the gambling bots don't speak back.

My guess, money talks.

I hope so, but it's pretty scary that Huobi is still supporting his actions. It's good Binance figured it out but the community really needs to get control of the top 20 witnesses back.

Huobi is powering down :) Binance still trying to find the right button.

That's good news, I heard that CZ from Binance already pulled the plug? I didn't hear any updates about Huobi yet but if they have come around then I assume we are safe. I just checked an hour ago and we had ten real witnesses in top 20 already so it looks like the community is still in tact.

Justin Denial
Justin valid
Justin Trouble

Justin Sun of a bitch :)

Sun of a bitch!!! :D

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Do you like steemit adventure or do you just want to upvote him!

I feel like I have a lawsuit for tarnishing my name!

Tarnishing or already tarnished?

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Well, he's no stranger to controversy, as far as I can tell... I won't quote hearsay, but it seems like he has been in the news over many sketchy deals over the years. And evidently he's also no stranger to witness voting with stake thank creates a centralized structure...

If I could truly feel like he's just trying to make money I might feel less skeptical, but it seems there's that additional "loose cannon on deck" aspect I can't get myself to trust...

"loose cannon on deck"

yep he seems completely unhinged

I think he wants to make money - -but he also wants to feel the sense of control over others. Perhaps it was his upbringing.

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🔥🔥🔥

Loved the Scooby analogy as well as your not sugarcoating the situation like some have. SunnyBoy doesn't seem to have many vocal, hardcore followers, but I do run into them here and there — and I need content like this article as an antidote before dying of sheer disgust.

He's got a particular fanboy on Twitter who claims to be a libertarian, but kisses up to him horribly. Creepy! 🤢🤢🤢

In discord, Mobbs was explaining 2nd generation Chinese millionaires (named Fuerdai) — really interesting — basically rich spoiled brats who were raised by an iPhone and a credit card. Sunny seems to be one of these man-children who expects the world to be his oyster... too bad for him that Steem is an

ELECTRIC EEL!

Yeah, I didn't know the term for these kids, but I am pretty sure @mobbs is correct that he is one of them. I have met this type before IRL a couple times... similar traits.

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There's another type that has a similar outcome he could be, called 暴发户 (bao fa hu), essentially Nouveau riche.

Basically, an uncivilized sociopath who acquired a lot of money suddenly, none of which was acquired through genuine business acumen. They hold the belief that money can basically do everything from finding love to circumventing the law and painting them as a savior of the world in the public eye.

The 'genuine' rich look down on them ss they clearly demonstrate no professionalism or appreciation for their new social status.

Kind of like a hillbilly winning the lottery.

A little history on Justin according to Chinese wiki content: He got very poor grades in school, but is good with words if nothing else. He used this talent to win a writing competition.

This allowed him to circumvent grade restrictions to enter Beijing University through a special program. He then transferred to a Hong Kong Uni (and started badmouthing Beijing Uni from there). The rest is history, but I think we can all see that his professional business persona isn't exactly flourishing...

New money can create ugly personalities. Perhaps it is because once the money is in hand one can retaliate for all the ills of the past. We have seen the same phenomena played out with downvotes on Steem, I believe.

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I cannot believe this conman any more 😂 maybe after getting the exchanges out the situation will calm down a bit, but I am unsure. Hardforking out seems more probable now than ever before.

It is a lesson in crazy
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One thing is for sure, Justin will never reach CZ's level.
a0d.jpg

I am guessing he won't be starring in Negotiator 2

Perhaps they should consider him for The Big Short 2

They still haven't found the powerdown button....

https://steemworld.org/@binance-hot

They said it would probably take a few hours.

Excellent article. Your summary is very good and explains this entire SNAFU that is the STEEM/TRON Affair in a very understandable manner.

Hopefully, this impasse with be resolved in the short term. Arbitration moderated by a non-interested third party is my suggestion. Current negotiations and meetings have shown to be a waste of time.