RE: Did Someone Say 'Hold It'? || @steemit Is Powering Down - What Would You Do With $71.4 Mio Steem?

I’m not particularly concerned. @steemit powers down and converts some SP into Steem. @steemit then sends it to @steemit2 which sends it to @steem which uses it to create new accounts, delegating each a bit of Steem.

No big deal as far as I can see.

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Edited

Duh. I had not looked back far enough when I checked the account at steemd.com

If I had, I would have seen that you were talking about this from seven days ago:

Start power down of 71,453,545.309 STEEM

Whoa.