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RE: Status of SBDPotato on Steem and Hive (Enter: HBDPotato!)

in #hive5 years ago

People still need to get their Steem powered down, I know Steem is a dumpster fire, but it needs to maintain price for a few weeks more so people can get their funds out without making too much of a loss. Regarding the SBD on sbdpotato on Steem I will send that back to the Steem dao when no longer required and leave it at that, I won't be bringing it here "Let Ceasar have what is Ceasar's" or in this case Justin. I will remain above reproach and send it back where it came from.

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By Steem dao you mean the Steem proposal funding system? Seems like you could just let it run in perpetuity.

Yeah it could run perpetually until such time as it loses enough on conversions to run out of funds. I guess some people may want it returned when the health of the peg is stable, but I think the peg will always fluctuate up and down so may never get to the perfectly stable point.

People still need to get their Steem powered down

agreed, I see what you're doing, but I would argue that over the long term, it is better that Steemit goes away

It's not really possible to go away entirely, will likely just keep going down in marcap rank, many low ranked coins still have some small following, Steem likely will just become totally Asian in content.

that is too bad; one of the selling points was that a decentralized platform could create real human connections globally; a very different concept than the economically corrupt globalization the burrocrats and multinationals are pushing

Yeah agreed, Hive can become that hopefully.