You are viewing a single comment's thread from:
RE: Justin Sun bought STEEMIT and is trying to convince everyone that he bought STEEM
From the announcement it sounds like Justin wants to move everything to Tron. I would prefer that the Steem blockchain remains and Tron and Steem working together. But we will see, in fact it all depends on the details and what Justin is offering to existing users and investors. A merger is always a risk but it also has potential and can bring Steemit back as a top crypto project.
I would as well but apparently Justin doesnt want that. He wants to "buy the community" along with the brand name and the Steemit.inc devs. ( i assume, he has his own TRC20 devs, he could just sack @vandenberg and the lot)
There were much better ways to do this but Justin is like Charybdis from Iliade, he wants to swallow everything. This is hardly a merger.
yes, it feels a bit like a hostile takeover, and all depends on what Justin has to offer and how the witnesses, dapp authors and investors react. It is possible that there will be a fork of the Steem blockchain (without Steemit Inc) and only Steemit Inc moving to Tron and everything remaining on the classic chain. Or alternatively, that the offer from Justin is so good, that the majority wants to move to Tron, which is also a possible outcome. Exciting and stormy times ahead of us again :)