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RE: WHY IS @ned Powering Down All His SP and Sending It To Bittrex??????

in #halo5 years ago (edited)

Heellooo @halo. and nice to Steem you! :-) Thanks for this audit, and for informing us!

Just as @tonygreene113 has mentioned, it's probable Ned is preparing to leave Steemit inc., the way others did before him (beginning with Dan, 2 years ago :-p). I wouldn't necessarily interpret this move as bad news for the STEEM blockchain as a whole - we know a whole ecosystem is built upon it, as the "thedarkolverlord"'s Steemit account ban, but Busy.org continued activity (here: https://busy.org/@thedarkoverlord) showcases.

On the other hand, it could be a sign of a new SMT's launch delay, or even the freeze of that long-awaited project.

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To me it looks like steemit is running out of money and @ned is the only one who knows it and he wants to get all his steem sold.

I doubt that the crypto space is more complicated than that. It's possible he has a personal tax debt or something like that he needs to raise funds for. @freedom account is still loaded.

Who's account is that ?

I could be mistaken but I think it's another one of his.

It may well be that Steemit Inc. is running out of money (the recent redundancies give a lot of weight to that hypothesis), but would it be a big deal? Without Steemit Inc., will the blockchain itself cease running? As far as I know, Steemit Inc. works for Steemit, Busy, SteemPeak, etc., but these latter can live and prosper without that startup.

That is, if nobody in the Steemit Inc. board uses a tiny license clause in detriment to all the STEEM blockchain's implementations...

What happens to our wallets if this site goes bye bye ?

You can use Steem Keychain or Vessel or busy.org or steempek.com...there are a variety of ways that you can handle your money.

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