The sacking of STEEM, the rise of TRON. by ate-bit-dave

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steem · @ate-bit-dave · Feb 22 '20

$0.04

The sacking of STEEM, the rise of TRON.

![TronSteem.jpg](https://cdn.steemitimages.com/DQmTeZr3Rd2x61663zsD3MBMKxyLLRviRhziUG5nXrHJ7HZ/TronSteem.jpg)

The thumbnail for my next video... The looting and sacking of Steem by the TRON army....



So perhaps I am not as optimistic about our communities acquisition by Justin Sun. I liked the Steem Blockchain the way it was, and always was pleased with the progress of Steemit INC. I have a negative view point which I explain in my video. That being said I will wait to see what TRON brings before throwing the baby out with the bathwater.


My Video:
https://youtu.be/bPT05QokKqQ


So are any of you out there feeling the same? Are we going to lose our voice?
Comments? Thoughts?

👍 themilkymark, luca1777, merlotmama, ate-bit-dave, bilpcoinpower, laissez-faire, anomaly, steemitboard

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@bmanmcfly · Feb 24 '20

Hi, 

I enjoyed your analysis, and this raised a number of points that I was not aware, mostly that makes the transition far more dire than I was expecting.  Especially when you dug up our new leaders track record.

There was concerns that Steem was beginning to take on some traits that we expect to see in ponzi schemes. (A belief in success of an enterprise is fostered by quick returns to initial investors at the cost of later investors, and yes, the precise definition is a layer of abstraction from direct definition).

I'm afraid you may be onto something that the sale is just the precursor to the destruction of the value so that the owners can extract the value, where the rest of the steem ecosystem will be left with a pile of currency that is no longer worth the paper that it isn't even printed on.

There's a reason why this platform has become little more than a host for blog posts I could write to be linked elsewhere that might actually get some readers.  At least for me.

👍 ate-bit-dave

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@ate-bit-dave · Mar 6 '20

Sorry about the late reply, I have been over steem for a bit. Anyhow it would seem my fears where correct. I listened in on the meeting with Justin and the witnesses the other night, he seems unaware of what he purchased.

:-)

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@luca1777 · Feb 22 '20

Hi Dave, i really respect your "realistic" view of things, plus i learned a little more about this boy Justin Sun (won't shine for long;)
Powering down is becoming more and more of an option...
Enjoy your weekend
Resteemed

👍 ate-bit-dave

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@ate-bit-dave · Feb 22 '20

Thanks, perhaps I am overly concerned but I feel it is warranted.

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@luca1777 · Feb 24 '20

Gotta stay woke...

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@steemitboard · Mar 8 '20

@ate-bit-dave, thank you for supporting @steemitboard as a witness.

[![](https://steemitimages.com/70x70/http://steemitboard.com/img/notifications/supportboard.png)](https://steemitboard.com/@ate-bit-dave) Here is a small present to show our gratitude
<sub>_Click on the badge to view your Board of Honor._</sub>

Once again, thanks for your support!

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