Yeah I was looking into that @freedom account a week or so ago and I agree with you. It must be an in-house owned account. If not directly owned by the high ups it was given access to exist and feed from the beginning by the high ups.
SMTs have no hope of ever becoming mainstream when this crap exists. What do they think, that people are going to blindly throw money in and not exercise due diligence. Some might yeah... but a fool and their money are easily parted.
Anyone or any entity looking to invest in steem will not proceed when there are issues such as these. The players that do proceed will simply follow the same greed routine. Thus destroy the system even more. Ned needs a good rubber chicken slap to the face.. Wake the fuck up @ned.
First I advocate against the use of violence whenever possible even of the written form thus my opposition to any slap to anyone at this point.
I didn't say @freedom was owned by Steemit Inc but I tend to think so for the reasons mentions in @paulag's post.
The fact that the Steem are concentrated into the hands a small group of people is known and must be consider by all investors. Highly concentrated coins are a negative point when investing but other positive point can make up. Current investors who think this Steem is too risky are selling.
Come on man don't read so deep into that there. I do not advocate violence either, and what I said was more figuratively. Which is why I added the 'rubber chicken' as I was aware that just saying "ned needs a slap to the face" IS harsh in words, even if used figuratively.
It's baffling how they let these things slide. There is clear corruption. If the exploits only exist at the member level, it's bad and needs fixing. If there is a direct link to Steem employees and founders, then... something like that will bring the house down eventually.
I mostly agree to what you said.
It's hyperbole, dog.