Steemit Inc is a private company on Steem blockchain. When anybody joined Steem and invested in it should know they hold more than 20% Steem of the circulation (it was more than 30% earlier). Now the Steemit Inc is bought by another party then what is the big deal here. If it cannot survive by changing owner of a private company that owns only 21% share, then Steem is not a proper blockchain at all. Even with previous owners Steem would not have survived with such a faulty mechanism such as DPoS where stakes dictate governance!
Note: I am not powering down with 60K SP with multiple account. I am powering down 1500 Steem to buy LEO which also crashed in this chaos. Most of my SP is delegated to SteemLEO to support the tribe.
An interesting logical take on this. Thank you. The takeover of STINC's stake with the power and resources to aggressively rebrand/remarket Steem, or steer things towards Tron, creates a large conflict of interest with the prior stakeholders (no surprise there). STINC was on the Steem side of things to perhaps lull us into a false sense of security. Who knows what to expect now, regardless if DPoS was doomed anyway.