Yes, and instead of acknowledging and attempting to fix these investor concerns and criticisms, STINC simply announced that they would go forward with their “multi-year divestment plan” - A.K.A., “long-term dump.”

Not only are they doing that, but they have also delegated large amounts of stake to their favored people and projects from this ninja-mined sum, which further dilutes investors’ stake-weight on the platform.

So would-be investors are taking on more risk (from planned multi-year dumping of a large percentage stakeholder) and getting less reward (in the form of lower returns when putting their stake to use). And we wonder why STEEM can’t sustain any price rises and the platform doesn’t attract many people other than poor, talentless bums and scammers.

But despite all of that, Dan actually created a phenomenal blockchain that can possibly survive the ninja-mine and the continued incompetence of his former colleagues. Possibly.