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The mathematics behind STEEM mean that the whales control the platform. The daily stats by @arcange shows that the 36 whales control 234934 MVESTS. The rest of the accounts have 171314 MVESTS.

SteemIt is a class society with a small group at the political and economic center controlling the rest.

That's roughly the same case with just about every other crypto including bitcion and Eos and ethereum.

More and more dolphins and orcas are being created in this market.

You are right. I looked at an @arcange report dated 2018-09-29 . There was an increase from 284 to 301 orcas and 1790 to 1900 dolphins.

Unfortunately, the MVESTS held by the 36 whales only dropped from 235425 to 234934.

Yep, and not all of those 36 accounts are Ned. I’m aware of the distribution.. but all roads don’t lead back to Ned is all I was saying.

Ned's announcement destroyed this attempt to court Coinbase.

People openly discussing a hardfork along with the mass defection from SteemIt has seriously challenged those controlling the platform.

Ned's decision to de-emphasize SteemIt and run with SMT made a really difficult situation for everyone using SteemIt.

The fact that this particular effort to court Coinbase is a good example to hold in mind when the time comes for the community to assert control.

Exactly.You've hit the nail on the head.

Dear @llfarms

we as a community are only part of entire big picture

and Ned is the face of STEEM and steemit inc. And that really matters.

let’s stop relying on him for everything and instead be proactive.

I don't think people really rely on him that much. But surely he is decision maker and his decisions plus previous lack of communication with our community is resulting with lack of trust.

Wouldnt you agree on that?

yours
Piotr