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RE: Justin Sun Conversation with Witnesses Is Online. @Ned Sold Out The Community - Failed to Disclose.
"You want centralization?"
Absolutely! That is the only way we can have accountability. Otherwise we will always end up with nothing more than a cesspool of fraud and corruption, just as Steemit has now become. Without accountability, both Steem and Steemit are only a few steps away from the grave.
Who gets to be the centralized governors?
"Who gets to be the centralized governors?"
In this case, Tron's management team (aka its board of directors), which is exactly how all publicly traded companies are run. Then if you do not like how the company is run, you have 2 choices: 1) Vote for a different board of directory at the next shareholders' meeting; or 2) Sell your shares. When the crypto industry is finally regulated (as it should be, and no doubt will be very soon), I suspect that is exactly how it too will be run.
I fully welcome regulation of the crypto industry. Only then will the fraud and corruption which now exists within the crypto industry be somewhat controlled. Sure, we may never fully get rid of it all, any more so than within the traditional markets, but at least regulation will be a very good start towards that end.
Are you saying that the witnesses are not the governors?
The company should have the ability to get rid of any witness they choose, at any time, just as they would have the ability to fire an employee. A witness should have no better status than any other employee...Witnesses are certainly not the gods that they think they are.
Alternatively, voting for Witnesses should take place on an annual basis, and all votes at that time should be accepted from currently active members only. As it now stands, there are Witnesses who have accumulated a massive number of votes, yet the vast majority of those votes are from members who have left Steemit long ago.
PS. I am not going to just keep answering your short questions, unless you are willing to contribute some additional dialog here, such as your views, etc.
So, the witnesses are not the company?
No they are not! They often think that they are, and often act like they are, but they are most certainly not the company.