TRON's Purchase of Steemit Inc; An Eye-opener to the "GOLD" of Blockchain-powered Contenting and Social Blogging - Let's Rise to Protect STEEM!

in #steem8 months ago (edited)


Before I begin to share my thoughts on the envisaged TRON-STEEM collaboration through Steemit purchase, I wish to throw these questions:

  • How would the owner of a $1.44B worth blockchain decide to throw his wealth out just to acquire a $0.0734 B ($73.45 M) worth STEEM?
  • Why should Justin prefer to come for the 77th rank steem when his TRON is already at the 16th mark?
  • What would prompt one to buy the lead company of a token selling in less than 50 exchanges when his TRX was selling in 79 exchanges?
  • How do we explain that Sun’s TRX was already trading against BTC and USDT on major exchanges but his eyes were still STEEM?

Let's take a look at the screenshot of the trading information for steem and Tron as captured on as at 17:40 (GMT+1).

Truth be told, Justin Sun sees more value in STEEM more than most steem users and stakeholders do, that is why he had to reach for the buy of Steemit Inc. knowing too well that he’ll recover his investments from the GOLD in steem blockchain.

Until now, the eyes of many on steem blockchain was not open to see that they really sit on gold-mines. Indeed, everyone that makes up the steem-ecosystem is very important towards the achievement of the grand purpose of tokenizing the internet.

With a rare state-of-the-art creativity and array of high quality DApps with primary use cases second to none in the entire internet space, steem is more than an amazing blockchain.

Steem is GOLD not because it is a cryptocurrency, not because of the creative DApps nor it’s decentralized nature, rather, it is because of It’s premiere protocol that enables it to power contents.

There is no argument that content is the drive of internet and the revolutions around the internet space has been that of content upgrade. This is why a everyone is interested in owning a blockchain-powered socialmedia cum blogging platform.

Truly, there is GOlD in steem and this is all Justin is out for andwe all know how good a business man he is added to tron's popularity, Justin cannot just buy steemit to lose at the end.

He's got great plans and he'll surely meet his target.

What then do we do?

We all are clamouring for a win-win deal but how well would that go? I am pretty sure that the sales of Steemit would go a long way to inspire Steem 3.0 surely which will seek a breakout from "Tronit's" if there must be a true decentralization we all need.

Many lofty ideas have been issued from delegation to Steem's witness and the likes, but this won't succeed until all whales open up their eyes to see the value of valueful content creators and give them the necessary support in the shortest possible time so everyone can build a good SP strength then the witness votes would be stronger.

Curators should not be sting with votes especially on good blogs. Truly, this is not the time to disagree on rewards especially for creators that have a track of quality content. Freely boost their posts and in turn, their witness bvtes will be weighty.

Without content to mine the rewards, then all stakes would be useless at this material time. There must be a quick action on this. The more whales we create, the better for steema dn the more secured would the top 30 witness positions would be sustained by the community.

I must thank some good whales like @Theycallmedan @ocdb @upmewhale and @appreciator and others that utilize their stakes to vote quality contents. It's sad that many accounts are constantly on 100% Voting manna for days and weeks , yet they hold huge SPs. That's a shear waste. There would be no crime for such accounts to scout for quality content creators and place them on auto-votes and they are sure of their 50% curation reward still. An account mine need such lol!

Final Words!

Let's create more whales to secure top witness positions for community-minded witnesses. There is GOLD in steem and Justin will stop at nothing but mine it. Every businessman is worthy of his profit for every investment made.

All crypto market data/information are drawn from

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Whales dont want to create too much steem because it puts more sell pressure on the market which lowers the price

That is well agreed, but, where we need community control, that may be the case with a call to 100% powerup for such authors.

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In the end, it all will work out. This is going to be interesting but the nature of blockchain and open source makes it much different.

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I'm pretty sure steem would win at the end of it all. Bit does buying Steemit include the developers?

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I'm glad to hear that you're optimistic @taskmaster4450le

This is sounding sad for me that it's happening on Steem.

Not to really worry, steem would win at the end of it all.

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As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!

Thank you. I appreciate the curation.

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Thank you for the curation, I appreciate.

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I enjoyed every bit of this post. Thanks for sharing.

Thank you, you may also spread the message.

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Check me

Dear @uyobong

Thank you for your recent comment in my recent post (also related to similar topic).

Excellent read. Very hot topic.

Truly, this is not the time to disagree on rewards especially for creators that have a track of quality content.

Ehm. Truly I'm not sure if anything will change in that aspect. People are just ... people. And people like to prove their points.

I've already read tons of comments and it's clear to me, that steem community is breaking into few different groups. It's surely very worrying time for many users.

Personally I decided to be optimistic. Justin is a business man and I found it difficult to imagine that he would destroy his new "toy" (steemit). Expensive toy.

Also one thing that people seem to forget is the fact, that Steemit Inc. has been dumping large amount of steem on the market on montly basis - creating enormous selling pressure. I don't think Justin will follow this strategy.

Many things surely will change and some users will be gone. I expect that mostly whales and witnesses will have a very challenging time adapting. Wouldn't you agree?

Upvote on the way :)
Cheers, Piotr

I expect that mostly whales and witnesses will have a very challenging time adapting.

Yeah, the witnesses do not really trust Sun especially with so much Steem Power on his side and the FUD about using Steem to boost Tron.

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