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RE: Justin Sun Cannot Control The Witness Pool But Only If You Use All Your Witness Votes
Should we assume he cares about the governance of the steem blockchain if he intends to just walk away from it?
Should we assume he cares about the governance of the steem blockchain if he intends to just walk away from it?
He didn’t spend tens of millions of dollars (I presume) on Steemit,Inc to just walk away from it. He wants us, the community, to join his chain of which he owns a controlling stake. He also wants all the apps to transfer from Steem to Tron.
Block One paid 30 million for the voice.com domain. How sure are you he cares?
Of course, I'm not sure. It all depends on how much of a child he is. If he realizes that the community won't bend over and agree to a plan to move everyone over to his chain (he owns 55% of the stake there, I've been told) and will use his influence to retaliate, then we're in a bind. If, OTOH, he is an adult, he sees the opportunities in two-chain apps or other types of bridges between the two chains driving value for both chains. I don't think he bought Steemit, Inc just to burn money.
He bought the domain for crypto reddit though. Instant crypto cred. That could be all the value he cares to extract. Just playing devil's advocate here.
Of course the smart thing would be to 10X steem and create cross-chain synergy, but steem isn't his baby.
If the main thing he wanted was steemit.com and when he got it he walked away, it would still work in our favour because of the way people conflate Steemit and Steem. Every time he markets his website, the Steem blockchain's name recognition improves.