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RE: Response to Steemit inc. Layoffs | Community Coding for Steem: Let's Make Steem TRULY Decentralised!

in #steem6 years ago

I agree pretty much across the board.

My take on Ned is that, unfortunately, he usually comes across more like a teenager who has been ill-advisedly given the keys to his dad's Lamborghini, than anything approaching an astute and competent businessman.

I worked with a lot of Neds when I was a stockbroker in the 80s. Most of them were way more into getting their yellow Donzis and Cigarette boats than they were about actually doing a good job for their clients, or even their companies.

I am not surprised in the least that he's driven Steemit Inc. financially into the ground, as the signs have been there from the start. He's like the surprised lottery winner, who blows through it all in record time, rather than "bothering himself" to invest for the future.

His focus seems to be far less on the business than it is on himself, and anything approaching a solid work ethic, much less intelligent planning in case of downturns, seems to be beyond his ken, If not beneath his notice.

He also rarely does what he says he will, with his promises for greater transparency being only the tip of that iceberg.

Frankly, I hope I'm wrong about all this, but this is what I'm seeing, and from my perspective, is the vibe he gives off.

Steemit will survive in spite of Steemit Inc., not because of it, which has already been the case for at least the past year that I've been involved.

We are still going strong, despite the downturn in crypto, because of our Witnesses and our communities, and continue gaining strength because of our developers.

I remain bullish on Steem - and Steemit - because of Steemians, who include some of the most diverse and awesome people it has been my pleasure to get to know, yourself included.

I am still investing in Steem.

Thanks for all you do, @ura-soul. We appreciate you more than you know.

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Thankyou for your appreciation! :)
I have never met Ned beyond standing next to him for 2 minutes at Steemfest before he disappeared. I can see why you would think as you do here. I do give him a bit more credit than you are here and he often surprises me with the focus he does have into Steem mentally - only because the actions in general tend to suggest he has little or none! It may be that there are other forces involved that we are unaware of, such as investor pressure or other things. I certainly can't think of any justification for the financial situation though, other than an ideological intention to stay 'pure crypto' and not get involved in fiat - but that is absolutely not good business sense.

If you are right, then it is guaranteed that the 'market forces' will force out Steemit inc.
We shall see. I wish them well and hope that they realign to be optimised and effective at their stated objectives!

I do as well.
As I said, I do hope I'm wrong about the guy, but the videos I've watched that he's created haven't seemed to have much real substance thus far.
In any case, Steemit, and its' growing number of dapps, will continue on. Of this I have little doubt. ;-)

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