ALL HANDS ON DECK!

in #steem5 years ago

So this post by ned seems to be stirring a lot of reactions. Some people now have more materials to support their doomsday prediction. News like this might drive the price of steem lower than it already is, but I am glad he came out with this information. It is high time most of us to see things as they are. We are not going to take this platform to the next level by spreading illusionary hope. We need to be pragmatic and finds means to stay afloat during this period. That's all we need to survive before the next boom--just enough to get our heads out of the water.

I'm not going to call this another great opportunity to buy steem at a cheap price, which it is, but it is important that we review our loyalty and commitment to the blockchain.

We have a lot of steem in circulation and we need to reduce this by buying and powering up. It is really that simple. We need to keep this ecosystem afloat and posting quality posts won't cut it this time I'm sorry. The platform's resources are being used and stretched to its limit and we need to provide some form of support so it doesn't capitulate, at least for the main time until things normalize. This is the real test of our faith in steem. If we don't act fast everything we've worked for will come crashing down (well, maybe not everything but a significant part of it will).

I do not have the money right now to buy steem. But I do not think that's an excuse anymore. If I was sick and needed medical attention I would definitely look for a way to get the money to do so. Right now steem is sick and we need to find the necessary resources needed to keep her alive. It's not time to lament about the things you think are wrong with this platform, it services no purpose.

I'm hoping to buy between $100+ $200 worth of steem before the year runs out, hopeful when I get my inheritance. This is how much I'm willing to part with and it might seem small but if 10,000 steemians do the same that will help reduce the number of our coins in circulation, reducing the inflation rate by some margin.

A lot of people do not have the purchasing power, but at the same time, there are a lot of people who can but are not willing to because they fear that the crypto market. The thing is, you do not have to put that much. But even at that, some of us have lost far more, from things that have added no value to us. So why not take chance with steem? You see all the great things going on here, do you want it all to go to waste? For once put your money where your mouth is.

Steem inc is downsizing, it is only normal that they adjust to the current reality of things, most of us have already.

What drives every venture is investment. What most steemians think is by powering up their earned steem they are investing in the platform, which is true, partly. But I see it in this way: we are simply giving back to the system what it has given us and to be frank, there is no much growth for the blockchain in this way because there are users who are not giving back and this only means that platform's resource is been drained. Except new investors comes into the system, we cannot expect the type of growth we want.

There are many lessons to learn here. Maybe this whole situation is an opportunity to get a lot of things right. I believe in this project called steem and for those who share my view, I believe it is high time we invest more than just our content and time in the steem blockchain.

©nonsowrites

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Thank you for this Nonso, I am sure half of us are just posting without any knowledge about what is going on.

Well, it's important we do know what's happening on the steem blockchain. Things are changing and it's scary. Downsizing by 70% is a big deal. We need to be more proactive, come together and find solutions.

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