So it’s no secret by now, you’ve heard the news…
Justin Sun (Tron) has purchased Steemit.
Kind of a big deal for this blockchain, and there are tons of speculation on what the future holds going forward. Tomorrow there will be an AMA (Ask Me Anything) forum on Dlive (of all places lol) co-hoted by Justin and the ex-director of Steemit Inc, Ned Scott.
Here’s what we know…
1. Steemit is now owned by a top 12 token / project in Tron.
2. They (Tron) now own about 20% of all circulating Steem. (As far as we know…)
3. Steemit IS NOT Steem!
4. Steemians are very confused
5. Did I mention…DLive is hosting the AMA? This in itself is hilarious….
So what does this mean for the holders of Steem. The community and the people that have created so much value here on the blockchain.
We don’t know yet.
There is a ton of speculation and lots of FUD, which is 100% to be expected. And given Steemit Inc’s lack of community engagement it stands to reason why people are concerned…
However, we just don’t know what this means…YET!
So what can we do?
We could power down…Which seems to be the first reaction of many. I would caution against this because we just don’t know what this ‘token swap’ means yet. It could be great for Steem, it could be bad…We don’t know.
I personally do not know what to think about the entire situation, but I know this…
Steem is a LOT bigger than just a ‘blockchain‘. It’s people. And it’s a vibrant community of people that care.
So for me, and my business…I encourage everyone on CTPtalk.com and heck, even Steem as a whole…Let this play out and see what happens. But never stop creating!
Remember, the blockchain is there no matter what happens. Your content and your ability to plug into this community is something very unique in the blockchain space.
No matter what the next few days brings, remember PEOPLE are what make this place so unique and special.
Keep creating, that’s what we can control. Keep engaging, we can do that every single day!
Do your own homework and read up on the decisions that will be coming, but never lose sight of the fact that this blockchain’s biggest asset…Is and always will be…The people!
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