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RE: My response to Justin

smooth in #steem • 6 years ago (edited)

Unless someone can show me some sort of legal document that shows proof the STEEMIT INC. Ninja Mined stake wasn't privately owned the above is how I view the man's stake

Multiple video and audio records of the man saying this in his own words among a boatload of other supporting evidence all saying the same damn thing is more than sufficient to me. In fact that is more compelling to me than "legal documents", which could more easily be fake, taken out of context, not necessarily properly understood by non-experts, etc.

Justin got a massive discount on this deal. How that came about in the negotiations we can only guess, but at the very least he should have known something was not as it seemed and looked into it. Was it merely a careless error by someone inexperienced and in over his head, or was it something else?

6 years ago in #steem by smooth

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rentmoney 6 years ago

DISCLAIMER

Steemit Inc. (The “Company”), is a private company that helps develop the open-source software that powers steemit.com, including steemd. The Company may own various digital assets, including, without limitation, quantities of cryptocurrencies such as STEEM. These assets are the sole property of the Company. Further, the Company’s mission, vision, goals, statements, actions, and core values do not constitute a contract, commitment, obligation, or other duty to any person, company or cryptocurrency network user and are subject to change at any time.

Source: https://steemitwallet.com/about.html

Outlining and speaking about what their then current plans were doesn't mean plans don't change.

To date I have seen 0 legal proof the Steemit Stake wasn't privately owned. Your comment hasn't changed that fact.

I will say that, all those videos and other proof you speak of should be compiled and put in a post to support your cause. I don't like what the man did to regain his power of Stake but I also don't like that his stake was forked.

When purchasing large amount of stake or anything for that matter a discount is to be expected. People buy in bulk all the time to get discounts. Justin Sun doing it for STEEM is no shock to me.

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smooth 6 years ago (edited)

I will say that, all those videos and other proof you speak of should be compiled and put in a post to support your cause.

That's been done there are several of these if not dozens.

That "Disclaimer" you posted (and the web page it is on) didn't exist until AFTER the community already discussed forking to exercise control over the stake, but ultimately decided against it, in part due to the stake no longer being powered down and hidden and instead left transparent in the steemit accounts, where the community could monitor it and measure performance in developing the ecosystem against cash outs of the stake. Why do you think Ned did that?

Ned unilaterally writing "These assets are the sole property of the Company" on his own web site in a self-serving manner does not make it so, nor obligate anyone else to believe it or agree to it in contradiction to years of representations otherwise.

I can tell you that I personally told Ned on numerous occasions going back years that I would never let him or Steemit off the hook for his commitments on how the stake would be used, and I will not.

If you came along later after Ned stopped using the existence of a block of ninja-mined (essentially premined) stake earmarked to the development of the ecosystem as a tool to recruit and encourage support for his project, and felt those disclaimers applied as a condition of your joining Steem, then that's fine for you, but I did not and they do not.

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rentmoney 6 years ago

Again, proof is needed of your claims. You say its been showed many times but I been linked to 0 topics (more importanly 0 legal documents) that show your claims are true. I would suggest one clear topic with all the proof shown in it. I think it would go along way with garnering more support or at the very least more sympathy for your position.

To that I would add words are not enough, they need to be legally binding. In the end it comes down to one position for me which is, If you can't legally prove The Steemit INC. stake is not private stake then it is private stake.

I always find I'm debating for the Justin Sun side and that's not my intention. I also don't like how Justin Sun responded to all this mess but I do believe he had a right to protect his millions invested. I by no means want the STEEM community to split. I been here 2 + years and rather like all the interactions and different opinions such as ours that I come across.

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