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RE: How to fuck a DPOS blockchain
I wrote the same things about the initial witnesses actions of 'throwing the toys out of the pram'.
And also the expected reaction by justin ( a little over zealous imo, but hey).
All that being said - We are where we are, right now.
What do to next is the question.
Honestly? I don't know right now, but you can't take back what has been done (from both sides)
Now hostilities have commenced, you have to choose bow out or pick your side.
I'm always gonna be on the side of the non tyrannical.
(rebel without a clue, and all that)
As idiotic and naive as they may be - (the witnesses in this case), at least it leaves the window of opportunity open in the future.
With tyrannical regimes? Not so much
It's all very exciting though, isn't it? lol
I'm prolly just going to power down when they make the short powerdown window to let the exchanges get their funds back.. At that point when people have access to the steem in their exchanges it will probably tank even more.. I don't have high hopes and i refuse to participate in either because 15 witnesses making decisions is exactly like an oligarchy, and those to are obviously tyrannical, no matter how nicely they spice up the words and make you feel like you matter ;) aka "decentralization in DPOS" lol..
I understand what you mean.
I was hammered when pointing this dynamic out, over the last 30 months.
It's always been an oligarchy.
I remember reading more than one of those posts you wrote. You were Right. Although I'm sure you'd rather be wrong than stuck in this position right now.. LoL, at least that's how I feel as I wonder how my 2.5 years of investing (my time) on steemit will end up paying out..????
It sucks that we are all suffering from the actions of a few, but isn't that how it always works out in the end? We humans love believing we are free and have choices and control but in reality, it is all just an illusion. We are all just along for the ride! !BEER