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Reflections: Justin Sun, TRON, and STEEM ... My $0.02 ...

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@roleerob
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"We interrupt our regularly scheduled programming" ... Given all that has happened over the last 2 to 3 days concerning momentous changes to our Steem blockchain, I would like to get some thoughts on it down. For those of my readers who might find them of interest ...

And ... As I have written before, serving as a "log" of sorts, for my own purposes, when the day comes when I may wish to look back on them.

I want to write specifically about the announcement on Friday that the Justin Sun-led blockchain company TRON has purchased SteemIt to "usher in a new era of decentralized social networking."

Source: Post on Cryptoslate saying "investors aren't enthused"

Source: Post on the Daily HODL saying "old Steem tokens will be converted to new Tron-base Steem tokens."

Over a long career, enjoying success in 5 different industries (and now retired ...), I have seen the results of the takeover / buyout of one organization by another a number of times. Some "up close and (very) personal" and others from more of a distance.

In each and every casethe initial projections of either pending doom orirrational euphoriawere wrong!

During the initial phases of each one, a common element were people running around "with their hair on fire" and spouting off on this or that based on very, very limited information.

The "antidote" to this problem? What I asked for in my simple request to @justinsunsteemit in my comment:

"... there is a universal truth about our human nature! We do *not handle communication voids well. In the absence of the requested good, clear and consistent communication, the resulting void will be filled. Quickly. And you can rest assured, it is very unlikely to be filled in a positive, constructive manner."

"I trust you will have @andrarchy and whoever else you assign this mission-critical responsibility working hard on this, at the outset* of the day-to-day activities to bring the TRON and STEEM organizations together. Starting Monday. If not sooner ..."

What is the old saying, "... ask and you shall receive!"

Today, I was pleased to see this post from @exyle on his @blockbrothers Witness account (one of the very first I supported, after "jumping in" to our Steem blockchain in May 2018 ...) interviewing ... @andrarchy!

There are many highlights in this 3Speak video, but what I needed to hear was between 10:20 and 12:21:

  • "... maximize their investment ..."No business with any sense at all would do otherwise ...
  • "... connect the platforms in mutually beneficial ways ..."The foundation to good business, that I wrote about in one of my first Steem posts ...

This latter point was followed by Andrew talking about the token details which would tie both blockchains together, while preserving their independence!

With the best intentions in the world (hopefully), what will actually happen? Is there sufficient trust and good faith amongst all parties to achieve the best intentions? Who knows ...

What I am certain of is we'll all find out soon enough. And I will personally be focused much less on what is said, than what is done! If the actions line up with the words, great! We will have evidence of some integrity amongst the principals and that will be a very good indicator for a bright future, for all of us!

  • Note of Encouragement: Joining the chorus of many others emphasizing the importance of it, there has never been a more critical time for you to vote for your choice of the many Steem Witnesses from whom we have to chose. No one will frankly care much what we have to say. It will be the witnesses, who should represent us, that will make the difference. Chose well!!

Before closing, I can't let the work of one of the very talented people on our Steem blockchain, @geekgirl, go by without comment.

@geekgirl's post: "We asked for Moon, they gave us Sun"

I really admire creative talent I don't have. Like this meme and the cleverly worded captions in it. Great stuff! If you agree, please support her efforts!

In the meantime, I’d love to hear any feedback you may be inspired to provide.

Until "next time," all the best to you for a better tomorrow, as we all work together to build up our Steem Communities and add increasing value to our Steem blockchain!  

Respectfully,
Steemian @roleerob

Posted using SteemPeak and “immutably enshrined in the blockchain” on Monday, 17 February 2020!


P.S. Wow! At "press time" for this Steemian, we have SteemIt Inc "rolling out" their "close of business" Monday statements:

  • @andrarchy's "My Statement on Tron's Acquisition of Steemit" post
  • @vandeberg's "My Thoughts ..." post
  • @gerbino's "The future of Steem" postYou'll probably (haven't read them yet myself ...) want to read what they have to say!