Stop abuse on steem.... by Dan Larimer

in steemit •  7 years ago  (edited)

https://t.me/daneos/4665
The only way to stop abuse on steem is a fair distribution with strong identity and better governance and accountability. When Steemit CEO uses company stake to vote himself $3000 on a 3 word comment to justify his downvote on a post that declined payment you have a system that is corrupt at its core. Ned is 51%+ owner of Steemit inc and acting without accountability as he presides over $400m worth of steem. His actions are misappropriation of company resources for personal gain at expense of minority shareholders whose rights are frequently abused. I can no longer support Steemit or steem nor contribute my effort to promote a platform that rewards this behavior. I will strive to rebuild a new community that will hopefully realize my original vision. I love the passionate community behind steem and look forward to the day I can provide a new home for them where good people can feel safe.

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