That is one theory - but he is never named. Or is he?
The story that Steemit was set up by Stan Larimer, and run by teams of CIA contractors is another solidly explored theory. I'm open to both and to other theories too - it's all guesswork - but we do know for sure it was a set up right from the outset.
The History of Steemit
Steemit, Inc. was officially launched in 2016. Dan Larimer and Ned Scott got the idea for the blockchain-based social media site in January of 2016, and with the Graphene framework already in place after BitShares, Steemit was ready to launch by July of the same year.
"Graphine"? - I wonder if that is related to GRAPHINE oxide?
There was a group of early miners and people who contributed content during the pre-launch, while the Steemit development team used that time for testing, and to eliminate any bugs before the launch date, when an influx of new users was anticipated. On the launch date, July 4, the preliminary participants were instantly rewarded with $1.3M worth of Steem Dollars that they had earned for their posts.
Around the same time as its official launch, the platform was hacked, and attackers affected about 260 accounts and stole $85,000 worth of Steem. Only a few hours later, the situation was rectified, and all compromised accounts of over US $100 were secure again. Users were able to reset their passwords and gained full access to all of their funds. Since then, more people continue to sign up and participate on Steemit.
"Hacked" huh? - yeah right, what a crock of shit...
Stan Larimer is a huge name within the cryptosphere. Formerly of the aerospace industry, he has since worked on innovative blockchain technologies. Along with his son Dan, he began BitShares. BitShares is a business, cryptocurrency and a network that is making a huge impact on the blockchain. BitShares boasts a proof of stake work model.
as above so below