RE: I don't like Justin Sun's acquisition of Steemit Inc, FORK HIS STAKE OUT #steemcash

avatar

You are viewing a single comment's thread:

That's a fair statement. Justin Sun submitted the winning bid for the Glide Foundation's annual "charity" auction.

In the interview, Justin was asked why he wanted to have lunch with Warren Buffet. He gave three bullet points to explain his action.

  1. Justin made a lot of money following WB's financial advice, so he wanted to "pay back" WB for his inspiration (with his $4.5 million donation to WB's "charity")

  2. Justin makes the statement that the Glide "charity" is focused on local communities, like his tron and bit-torrent, so he wanted to contribute to funding. (fluffy answer)

  3. Justin wants to be the "bridge" between the financial institutional investors and the crypto world - hoping that WB would soften his view against bitcoin and cryptos in general and encourage moneybag investors to begin buying on the exchanges to increase value.

Justin doesn't think he'll change WB's mind (which might be a good thing)

lassecash
0
0
0.000
4 comments
avatar

Still crony behaviour of Justin in my view... I dont care about "moneybag" investors... and Justin made his money on crony capitalistic behaviours.

End of story.

0
0
0.000
Reply
avatar

Justin made his money on crony capitalistic behaviours

It's not right that anarcho-capitalists (real capitalists) get the short end of the stick while these guys dine on million dollar steaks.

I don't condone cronyism, however my view is that if investors begin diversifying into crypto, it will offer great opportunities for us as the value of cryptos increase.

0
0
0.000
Reply
avatar

"I don't condone cronyism, however my view is that if investors begin diversifying into crypto, it will offer great opportunities for us as the value of cryptos increase."

We can create value among ourselves in my view, we don't need crony's money, also I don't want a crony to be the leader of my beloved STEEM COMMUNITY. That's my point.

0
0
0.000
Reply
avatar

We can create value among ourselves in my view

I understand your perspective. It really SHOULD work. Something is preventing it from working, the last 12 months has shown us that despite our best efforts we are not creating value.

Not saying Justin Sun is the answer, but I believe he's a better option than Ned for sure. The community still owns 2/3 share of the blockchain, no matter what happens with Steemit, Inc. Viva la #lassecash

0
0
0.000
Reply