RE: Steem 3 months Power down NEEDS TO STAY. Necessary to keep exchanges from taking over

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Steem 3 months Power down NEEDS TO STAY. Necessary to keep exchanges from taking over

in steem •  5 years ago 

It was amusing to hear Sun ask to hard fork to send Steem back to the exchanges right away and quickly realize it’s a hard “no”. I bet he’s sweating the lost political capital from asking the exchanges for a favor. They won’t be so quick to jump on the bandwagon again. This will be a case study for future acquisitions.

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It is astounding how little even investors understand the complx technology and setup. I think Justin needs a way to sell the Steem in the future. Perhaps the freeze of the 65 million should remain in place for 3 years, so that Justin would be inclined to push Steem forward. Like a bonus... Or unfreeze partially for each milestone in his roadmap that is been reached.