Therefore, a large number of people would feel defrauded by such an action and the actual value of their investment would also drop.
Sure, but they can't stop someone from selling their steem-tokens.
And if it was me sitting on 90% of steem, I wouldn't burn them (which always seemed insane to me) or give them away.
Slowly selling them seems like the best compromise.
Sure the price will drop, but it will predictably bottom out when the ninjamine is depleted.
Whoever's in this for the "community" will stick around as long as we can keep the servers running (and buy up as much cheap steem as they can).
The "investors" who are only here to "make-a-buck" should either take a longer-view of things, or SELL NOW (before the panic ensues).
I have always said that a smart community builder would fork the chain and start something that's more fair. Unfortunately, 'the community' has often responded to this with claims that we mustn't do that in case we split 'the community'. lol
(noting that the community is now tiny in comparison to what it was and it's true potential - thanks partially to NOT having sorted this mess out sooner).
This does all come down to there needing to be a parting of ways between those who respect anarchy and those who seek to build empires and self aggrandizement.
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No kidding when 90% of "the community" is just two people.
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I never felt that those shouting loudest about not splitting the community were coming from a position of truly caring about community - that is for sure.
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