You are viewing a single comment's thread from:
RE: It's Time To Make a Move! Witnesses, dApp Developers, Communities, Steem Front-end Providers: Unite for STEEM Liberation!
I'm confused. You think people are just going to burn their STEEM for nothing?
I wouldn't say it's for nothing. The value of Steem is the community. The whole community leaves to another, they talenthat value with them, and ebentually Steem becomes nothing. Burning Steem would accelerate the transfer of value.
Just a theory... but I've seen nothing constructive put forward by a united team of witnesses yet to break the deadlocl we're in now. The longer they wait, the less power they will have to work with against the hostiles.
So theoretically I'd have the same number of tokens there?
Yes, your account will be a carbon copy of your current Steem account, with all tokens intact, just renamed to whatever.. "STEEMFU", but to continue using your new tokens on the new, forked chain, the old STEEM tokens need to be burned to null, as a transfer of value rather than a double up of tokens. Basically we'd be burning our old account to acquire a "new" one where we left off on Steem.