Well, this step was long due because Ned was seeing everything about EOS and Dan as competition and potential danger. Instead of doing his job, to make Steemit better and do some marketing/PR, he decided to take the path of envy - which of course is leaving you always in the weaker position. Yeah, Steemit Inc is doing many things wrong, basically because they are doing nothing at all. That being said, I still believe in STEEM because I don´t think, that Ned will be able to destroy it. The blockchain and the community will be stronger than any incompetence of the current team, that is only proving the power of decentralization through its total failure.