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RE: Update- Huobi started powering down

in #steem5 years ago

So freeze all large investor whales in the future? Freeze all voting bot accounts? This is a decentralized blockcain. ITs the risk we take, the community still has no idea what his plan was or how flexible he would have been with community response to specific ideas he had. He was our biggest new whale member, look how we treated him. We all share the same interest of improving the value of steem .

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So freeze all large investor whales in the future?

No.

This is a decentralized blockcain.

Good then stop going on about legal documents (in your other replies). People are free to run whatever software they want, and that includes forks. Blockchains are entirely voluntary and don't rely ultimately on coercive enforcement by government institutions the way centralized systems do. That is their entire purpose for existing.

ITs the risk we take

"We", in this context, means everyone. When Justin buys a company that has stake on a blockchain and that blockchain community has a clear understanding of how that stake is to be used, he violates that at his peril.

We all share the same interest of improving the value of steem .

Absolutely and that includes insuring that the 65-75 million steam that was earmarked for development of the ecosystem is used for that, regardless of whether or not the shares in some company change hands.

In truth, the community accepted Ned's lies and spin for too long and enforcement of on-chain controls over that stake should have happened long ago, but better late than never.

Well said. What’s hilarious, to me at leat, is that this whole drama has been the only thing that’s gotten me (or many others) to actually be interested in visiting/using steem for the first time in like...forever.