Thanks for your reply, yes I do refer to the premined SP in the Steemit company accounts, even though it was premined to start the network and ideally should have been used in context of a foundation for the furtherance of the network, it was not and they clearly regard those funds as their private company funds now as was seen when a fork was threatened, they referred to it as company assets and not community assets. Steemit continues to powerdown and sell 800K Steem per month but I am happy that they have improved their communication and are rolling out MIRA and hardforks again, maybe now that they have fresh blood as leadership they will run things like a professional company going forward, with some element of corporate social responsibility.
At the end of the day it is the community that makes the Steemit stake worth anything.
800k x month?
Hope they finish soon and leave.
Maybe there the coin stop going down, with such a constant sell pression of our king steem...
On the other hand is funny how they low cost and are starting now to draining more from the minnows...
This descentralized chain looks like a centralized bank.
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