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RE: Open Letter to Ned/Steemit

in #open-letter6 years ago

I think you're still missing the point @inertia .

There will be a standby team always , not one that will be organized when a problem is found.

Basically a community of devs, -whether part of them be witnesses or not- , that are always at the ready, checking the blockchain , making sure things are good.

What happens when steemit inc sells off all their steem?

Do they move on?

800k steem, now increased to whatever their full powerdown is worth, is a death sentence tocthe steem price.

More so if traders get wind of whats happening .no one will invest in it, no one will buy it.