they said they were tabling it, the problem is, say you start working on a token model and @ned does not like it...and the price of Steem comes back some (which it will)
Then the guys at Steem can hire back the 2 or 3 programmers that were working on it, and viola your aol netscape browser, Internet explorer comes out and knocks you off your perch, you use mozilla, but so does more funded companies like Google for Chrome and Safari on a Mac and not to mention Firefox's open source community...
You essentially become a dead man walking the same way Microsoft tricked Lotus and Wordperfect....How many people use those today????