Of course i am pleased with the price jump due to the purchase of Steemit INC by Chinese founder of Tron, Justin Sun. Of course his motivation is be questioned. I NEVER used TRON, nor purchased it to hodl or speculate. It was just there on coinmarketcap. What is TRONs actual usecase?
When he was 26, Sun was chosen by Jack Ma to study at Hupan University, he was the only millennial among the first graduates of Hupan University. Besides that, he became the cover figure of Yazhou Zhoukan in 2011; Davos Global Youth Leaders in 2014. 2015 CNTV Most noteworthy new entrepreneur; was named Forbes China 30 Under 30 from 2015 through 2017. Wikipedia
We all know that @ned is not that much entangled with Steem anymore, so the sell-off did not came as a surprise. Was the timing set to the realease of voice.beta? Possible.
In my opinion Justin tries to impress the wrong people. Spending 4 Million $ to teach Warren Buffet about Blockchain? For real? Why not focus more on Chinese market?! As of today, there is NO single official Bitcoin ATM in China. Big Crypto Companies like Binance left the countries years ago.
So why trust a young Chinese entrepreneur whose biggest protector is the owner of Alipay?
At least he had the decency to create an own Steem Account.
Steemitans and Twitterers, after four beautiful years, I have sold Steemit to @justinsuntron. AMA tomorrow at 9am PT. https://t.co/ZlCKRZbq3L https://t.co/XOCjyjd0TQ
— Ned Scott (@realNedScott) February 14, 2020
Steem Founder @ned Scott used Twitter and Medium to express his thoughts.
Auf Deutsch:
Ihr wisst ja, dass ich etwas politisch inkorrekt unterwegs bin. Kurz: Der Deal stinkt mehr als dass er schwimmt. Könnte mir gut vorstellen, dass einige erfolgreiche Steem Projekte rebellieren. Aber warten wir erstmal ab was die Zeit bringt. Power Down werde ich nicht betreiben. Aber ob es Steem lange genug gibt, um die 4$ Marke wieder zu sehen, ist fraglich.
Seien wir gespannt!