View the original post on Musing.io
I'm sure you have enough answer to this already but I'll just add a few note of my own.
First understand than Steemit Inc is different from Steem. Steem is the public blockchain while Steemit Inc which is headed by Ned is a private company that makes a lots of developmental changes on the Steem blockchain.
So if Ned quit Steem, Steem will still be operational, as long as we still have witnesses to host the blockchain.
But note that if Ned abandon Steem, it will come with a lot of issues to Steem that will affect Steem negatively. First, most people who hold stakes on Steem might panic and sell off their Steem because they've lost trust in the project.
Ned and Steemit Inc holds a lot of premined Steem, which if dumped too much at a time will negatively affect affect the price of Steem in the market.
But even at all this, Steem will still move on even if some stakeholders and developers decide to quit the project.
It is something lots of people have anticipated.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
An idea as great as steemit transcends the founder, its a beautiful case study and i know for a fact that even if ned abandons the project which i think is unlikely, many many more who believe will step up to ensure its not given up on, myself included. That doesn't mean that the effects of this scenario wouldn't be damaging but i belief steem will definately survive if such an occurance were to happen
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @lordjames! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit