Agreed. Terrible look from the outside; and a clear change of direction from what was originally proposed. That said, I appreciate wanting to only do one thing at a time, and get clear of Steem before making these big calls.

If you pay me $100,000 a year to find Waldo, I'm never going to find him. I really thought we were out from under the programmatic selling that gutted the price for the last couple of years, and I'll be supporting any proposals to burn a big chunk of it.

SMT code is ready to go. We have no clear, first layer direction beyond that; I'd argue that witness rewards should be funding development. If the price doesn't cover more than server costs, then development (and selling to support that development) should stop until it can.