I agree that transparency would be better - But maybe they need some liquid cash for further development?
And one other thing - If their account has less SP, it is at least spread amongst more people in the long run.
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That was also my thinking about the power down - more development or paying their staff? There can be a lot of reasons behind this. I am not worried about this particular one.
The only reason why I don't worry about the numbers is the fact that I haven't ever invested in Steem :-) If my money was in here I'd like to be informed.I thought @steemit2 was the account to pay staff but who knows.
If they're really planning to sell their share, Steem price would be affected considerably. Before thinking about a fair distribution we should be aware of the immediate consequences.
I have no idea what the money is for. That's why I wrote this post :-)
I'm not entirely with you here - I value the longterm consequences over the immediate ones ;)
And I think they are smart enough to not let the price drop huge by selling millions at a time - The account with the most losses in case of a huge drop would be themselves!
Me neither obv. I just think this post looks a little bit panicking and panic could harm the price even more!
So I guess we will just have to trust them here - As long as they, sadly, don't make an announcement about it.
I'm the last person panicking here. I'm powering down by myself since a couple of weeks :-) Steem's gonna build me a nice new house.
I just thought it could be interesting for investors to know where the money's going.