Hi ned, thank you for answering that one explicitly. The difference between a steemit.inc asset and a community asset is that the community can expect a totally different level of accountability, transparency and involvement in the past, present and future use of the asset. As it is a steemit.inc asset, the community has no claims to anything. It's yours to do with as you wish of course.....the rest of the steem economy must hope that that it's use continues to work in their general favor.
Do you recognise the potential (one day) for a conflict of interest to develop between steemit.inc and the rest of the steem economy? Do you recognise that even today, investors might be given pause by so large a stake and influence in the hands of one small group of people? It gives me pause and I think you've all been doing your best.
It would be good to know who the steemit.inc stakeholders are. Is that information available? I've looked but couldn't find it.
I completely get that you may need to be careful from a legal standpoint but you can't hide from the reality of the distorting effects and potential for harm with such a massive stake sitting at the center of steem.
I am not trying to be a thorn in anyone's side, I really want to move past this stuff and do the things i enjoy and think are important on here. But I can't close my eyes to such big issues and the (from what I can see and read) apparent lack of handling. I think you are a very good guy Ned. You are most likely working your ass off and up late at night both worrying about steem and buzzing with excitement and ideas for its future. I do think that steemit.inc are making mistakes however.
Anyway, you've answered one of the most important questions, thank you. I still wonder how many latent accounts steemit.inc also controls and what the total steem influence is.
I wish there was a way for you to fund ongoing development, reward the shareholders of steemit.inc handsomely, be completely transparent about steem holdings, communicate more effectively with the steem community (which means telling us all about the issues you are dealing with, your concerns, your mitigations, current status, legal advice, spending, priorities, plans.....you know all the stuff you sit in a board room discussing) and quickly do away with the majority of the rest of the steemit.inc controlled steem. I'm not asking much am i? :) I genuinely believe that would make steem far stronger and give it far better chance of going mainstream.
Understood, thanks.
It's three or four accounts. steem, steemit, steemit2, steemit3. the stake should be available on steemwhales.com
Thank you very much. I really feel for the first time that I've reached you and been heard. I can't express how much better that makes me feel. To completely close this loop, I will wait patiently but expectantly for something tangible to come back from you or Steemit.inc that addresses these concerns. Obviously my ideas are all surface wishes, when you get down to the practical realities, I don't expect you to be able to suddenly deliver on everything...but a firm migration towards those ideals would be wonderful and not just a little inspiring.
Hello @ned - Thank you for your brilliant and historic work!
Could I ask you to take a quick look at this post originally written by heimindanger and give your thoughts - I think you could, or perhaps should fund this project (or similar) so as to rid steemit of bots and game players and keep the profit within the real steemit community?
all the best @icedrum
https://steemit.com/steem/@icedrum/don-t-use-vote-selling-bots-use-promoted-instead-a-bot-that-upvotes-you-when-you-burn-money-re-published