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RE: Method to the Madness - Vulture Capitalism Comes to the Blockchain

in #steem5 years ago

A true value investor could have come in here; acquired the Steemit, Inc. stake and assets, pumped maybe $10-20M into development and marketing, and could have seen their investment in 17-cent Steem potentially turn into a result of $10 Steem in the matter of a couple of years, while also being hailed as *"the savior" of Steem. Instead we have this... shitshow.


Exactly, this would be the best case scenario for Tron and Steem, the win-win scenario. Only it very quickly became a complete shitshow!

Why?
That's what everyone's been scratching their heads trying to figure out.
Again, you're right over the target as Sun didn't expect the community could rally so quickly and mount an adequate defense to the takeover. Now, there's a stalemate and the longer it continues and the more they seeks to gain the upper had, their plans come into greater focus for all to see.

Yes, the irony of their mantra of "decentralizing the web" is quite comical.
I suggested to some that we help correct their typo as their slogan should read something like:

Tron: Recentralizing the web