How would this be different from previous Golos and Whaleshares forks? Those communities are still operating, but WLS at least has virtually no value. Down considerably from it's initial cost, something like 99%. Who would be the buyers of the new STEEM and what exchanges would be available to buy it on?

Also, for existing dapps, would they be able to run on the forked chain? What would it take for them to migrate?

Lastly, I understand that STINC was running some critical infrastructure beyond witness nodes. I'm not clear what it was, but isn't it still going to be needed? Who will pay for that and maintain it?

Basically, I fully support the idea behind this solution but am unclear about the pragmatism for winding up with a blockchain that is as successful as this one has been. We may destroy our investment at the same time we're removing value from Justin's.