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RE: Offer to Purchase Steemit.com for Custody of the Steem Community

in #steem5 years ago (edited)

"...an act of benevolence..."

Sun has used his stake to destroy the governance mechanism of Steem, which ultimately destroys the value of his stake. It would not be an act of benevolence for him to rescue such value of that stake as he can now.

It would be an act of desperation.

I hope your offer is accepted and Steem can continue to be a place where free speech is fostered.

However, presently, the illusion it was decentralized has now been dispelled, and it is the possession of Tron, under the control of one man, Justin Sun, who has assumed control of it's governance mechanism, which he can deploy instantly at his sole option. The exchanges remain powered up, and only by refraining from continuing to vote for Sun's witnessbots do they allow the illusion that community witnesses are viable.

The fact is that either the exchanges and Tron execute the code restricting their accounts from exercising governance, or Steem is Tron's possession.

I await the community's arrival at this conclusion and migration to a new chain, where hopefully the accumulation of stake nominal to undertake governance of the chain at it's holder's sole option will not be possible, and thus the chain actually be decentralized - which Steem never has been.

Thanks!

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Binance said today on Twitter that they plan to power down. Also I'm under no illusion that Justin will hand over steemit.com for 1.4 mil, maybe with some huge amount of luck, but infact the post serves to also send out a message for users to start rethinking which UI's they use and that using steemit.com which is 100% in the hands of a centralised corporate entity is no better than using facebook.