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RE: "You can't use your ninja-mined stake unless you use it on us"

in #steem • 4 years ago

The steem community accepted the ninja-mined funds on the promise that they would be used to help develop the community. I fail to see the hypocrisy in asking that the funds be used for their originally stated purpose.

4 years ago in #steem by
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     4 years ago 

    I fail to see any substantial attempt to make sure these funds would be used for exactly that. Most just empty promises on Ned's behalf.

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       4 years ago (edited)

      Obviously they were empty promises.

      The promises were still made though. Are you calling people hypocrits for expecting someone to keep their promises? Do you even know what that word means?

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         4 years ago 

        @darkflame is this what you remember @ned saying in 2016?

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           4 years ago (edited)

          Don't know who darkflame is but here is Ned saying it in 2017.

          In a further motion of decentralization, the Steemit, Inc. controlled primary account, @steemit, which holds approximately 41% of the platform’s Steem Power, will be gradually divested of its holdings in an effort to increase promotion and development of the platform while dispersing voting power. Scott indicated that this will be done in a “gradual multi-year divestment”.

          https://www.forbes.com/sites/rogeraitken/2017/01/17/fintech-steemit-migrating-servers-to-amazon-unveils-blockchain-roadmap/#132b71107dd5

          Edit: sorry, posted this twice because I thought you were @holm

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             4 years ago 

            How does gradually equate to voting for 20 witnesses that didnt exit until the keys switched hands?

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               4 years ago (edited)

              Are you talking about Justins witnesses?

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               4 years ago 

              ???

              The funds were regularly sold for fiat used to pay the salaries of a number of developers at Steemit, Inc who developed the blockchain code. How is that not using the funds for their original promised purpose?

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                 4 years ago 

                Can you please source this information, me and the author of this post would both like to see the fine print you're quoting, because I remember something very differently worded but using a few of the same words you use.

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                   4 years ago 

                  Happy to oblige, here is one of multiple instences of him making this promise.

                  "In a further motion of decentralization, the Steemit, Inc. controlled primary account, @steemit, which holds approximately 41% of the platform’s Steem Power, will be gradually divested of its holdings in an effort to increase promotion and development of the platform while dispersing voting power. Scott indicated that this will be done in a “gradual multi-year divestment”."

                  https://www.forbes.com/sites/rogeraitken/2017/01/17/fintech-steemit-migrating-servers-to-amazon-unveils-blockchain-roadmap/#132b71107dd5

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                     4 years ago 

                    Justin Sun did not want to decentralize the voting power.

                    I want to sympathize with Justin as a libertarian, but be did not respect the decentralized aspect of that statement when he used he sock puppets

                    Up until the moment the sock puppet accounts were voted for, even making them is fine, voting for them with Steem Inc is the violation, that is not decentralized, that is a group of witnesses controlled by 1 accounts vote.

                    1 vote, vs 180,000.

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                       4 years ago 

                      Assuming Ned never mentioned the steemit stake was promised to be used for development then I too sympathize with Justin. But he needs to be going after Ned for that, not the community.

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                       4 years ago 

                      I agree with you, I can see you deeply care about steem and will respond so I will follow you and debate you on future topics.

                      Justin is in fact the victim here.

                      I have heard he wants out and I'd rather see @ned in court over the community suffering.

                      Maybe @ned should just pay reparations for any damages done since crypto is getting serious, with his pay grade and net worth now, no one will doubt his ability to reimburse any victim of his entrepreneurial decisions, which he is responsible for to the fullest extent of the law being at the level these boys are trading at.

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                       4 years ago 

                      Thank you, always happy for a good debate, and I agree completely.