I don't know what Ned's motivations are so I'll let him speak for himself...but I can definitely say the people who I think are being hurt most are the ones who actually sacrifice for the project.
I am not hurt nearly as badly as others so I am not nearly as worried about myself, but I will certainly say this changes the dynamic for me substantially. The Diaspora will come...but heck you have to admit the hope of receiving 17% total of the tokens given out seems like a relatively easy way to make 3 million up front and a lot more money dumping (while all of the steem token holders get a small, non-weighted amount of GolosP as SP in the new system).
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