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In my opinion it is absolutely irresponsible that Steemit CEO Ned Scott reduces his voting power by 50% without making any announcement. Imagine, Elon Musk selling 50% of his Tesla stakes without any statement about it. Would you like to be invested in such a company? I certainly don't.

It is not the case that everyone who holds a larger stake is obliged to make a corresponding statement to sell his shares. But, as a CEO you have a certain responsibility, because you can cause panic and cause considerable damage to the company and its investors or in this case also to users.

In any case, Steemit and the company behind it have lost much of my trust.

Why tf is he powering down??

Probably for haircut

Doesn't he have a need like everyone else? Is he our world bank? Perhaps a little power down to take care of offline projects.

1.8 million steem is a little power down?

To be fair that’s a very valid point

Why??

Probably insider information about major update. Details: https://steemit.com/ned/@littleboy/ned-is-powering-down-what-does-it-mean

I don't understand, why is he powering down?

:D people keep an eye on everything on steemit :D

I thought that was 1k, seemed pretty high for a joke. huh.

number formatting in Turkey always confuses

Zengine sadaka vermek :)

Sadaka bile sayılmaz :D

Gemi batıyor mu noluyor :)

who did delegate the other 1 SP?
:)

What a great idea! When his powerdown is done, he will need any help, he could get..

@emrebeyler I don't get it. Are you making a joke lol? Why does he need support?