Vlog 456: Tron and Steemit inc. - my take.

in LeoFinance5 years ago

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All that happened so far is that Steemit Inc. has a new owner.

Steemit Inc. is not the Steem Blockchain.

Justin Sun obviously saw the value to acquire the company and besides that, I also felt that Ned Scott was done with the company for a while.

Justin Sun bought Steemit inc, all their STEEM tokens, and steemit.com/logo and all that.

I am not 100% sure if the rest of the team was aware of the move. I remember listening to a witness chat with @aggroed not too long ago and hear, the team that we know, passionately speak about communities and SMT's.

I'm not sure if you buy a company you buy the employees as well, but it's unlikely.

Some new blood is not always a bad thing. Also, the funds that TRON can bring can help a lot.

People don't acquire companies to run them into the ground.

I think the press announcement made by TRON was a bit premature. Not everything that's in there makes a lot of sense or is at the least unclear (token swap, integrating the apps....that sort of stuff).

I am hoping to learn a lot more on the AMA tonight.

Steem biggest asset is the community.

There are lots of questions and speculations and it would be nice to get rid of those.


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