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RE: Vlog 423: The current downtrend on Steem is taken many to the brink and beyond but not me.

in #threespeak5 years ago

Steemit, Inc buying tokens is a vey bad idea, surprised you mentionned that. A lot of people are already complaining that they have a very large supply, and can centralize the chain whenever they want. all we can do is trust them not to vote their own witnesses.

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It's just an example. You can replace Steemit Inc. for any other party/community/app that builds on Steem.

Okay I see. Personally, I would prefer to see a way of burning tokens instead of just people (or Dapps) buying steem. Because even Dapps will decide to sell one day.

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