RE: 😨 Are You Scared Of UPVU Yet?
Hi @the-gorilla
Friend of mine (@xpilar) just shared link to this publication with me.
Truth be told, I never really liked upvu and what it stands for and I would never support it with delegation. And it stands for "centralization of power". Currently future of entire blockchain seem to depend on that one account alone :/
At this moment is seem that future of Steemit depends on UPVU and future of UPVU depends on success of failure of Steemit.
Perhaps ... just perhaps ... they would do a better job than current STINC team and hopefully they will use their enormous power and influence to bring some value to this platform. After all - in order for them to continue doing their business - they need steemit to survive.
Time will tell. Stopping them at this stage may not be possible without de-railing and crashing entire platform and blockchain.
Yours, Piotr
That's increasingly becoming my point of view.
This is where my trail of thought has started to lead. Whilst I believe that UPVU will destroy the blogging element of Steemit almost entirely, they can't afford for the underlying STEEM token to lose its value so they have launched initiatives like SteemPunks.
Whilst replying to your comment, I've read a comment from one of UPVU's founders and I've decided to share this post and my concerns with him.
Greetings @crypto.piotr,
Right said Peter, I agree with you ,
If Upvu want, it can breakdown entire steemit blockchain single handedly
Because of the power it has, I think we can not do anything as it has became number one acc with the help of many people and many people trust their services so :/