As a new user on the steem blockchain without any massive capital invested what do the latest events mean to me and others like me?
Ok, so what am I talking about?
The founding members of the steem blockchain Steemit Inc powers down ~34M Steem Power out to external exchanges at a rate of ~2.6M STEEM per week for 13 weeks.
The viewpoints vary, a lot;
@therealwolf feels uncomfortable with the move; https://busy.org/@therealwolf/dear-ned and makes a fair number of very valid points.
@krnel speculates on the why's and that it might be a threat mitigation strategy from Steemit Inc's side; https://busy.org/@krnel/steemit-inc-powerdown-due-to-fears-of-having-accounts-stake-stolen-in-future-hardfork
@aleksejzaxarov puts out similar questions while pointing out the current bear market; https://busy.org/@aleksejzaxarov/what-do-you-think-of-last-steemit-inc-actions
Ok, so what does this mean for the platform and its users?
For you and me? Not much, unless you're a user of the DApps that lost delegations by @misterdelegation and are dependant on their rewards. So short term it might hurt, but in the long run, there might be price benefits depending on who buys Steemit Inc's powered down STEEM.
I'm a tad more worried about the PR consequences for steem as a whole when the founding member doesn't trust the codebase nor its caretakers to secure their assets and makes a move like this without any public statement whatsoever.
Would love to hear what you think about it!
Here is your chance to completely FUD me or set all my worries to rest :)