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RE: RE: The investment case for Steem from a Justin Sun perspective... Hint: Steem is ripe!
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RE: The investment case for Steem from a Justin Sun perspective... Hint: Steem is ripe!

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7y

"It may change your view of things..."

Not at all! I'll stick to my prior predictions.

I think it rather obvious from that interview that andrarchy@andrarchy is either lying, or else has simply not been kept in the loop with regards to what is really taking place at Steemit. Furthermore, several times his views contracted themselves. On the one hand he admitted that Steemit was near bankruptcy, yet on the other hand he insisted that Steemit had a sustainable business plan. Those two arguments simply contradict one another. A company with a sustainable business plan does not come close to bankruptcy, nor does it desperately need a cash infusion (in other words, a bailout) as he suggested, which is exactly what the Tron take-over/buyout is.

Steemit did not, and does not have a sustainable business plan. No company can continue to payout author and curator rewards without income, and Steemit has no significant source of income.

To suggest otherwise is being rather naive, to say the least.

@starworld: "It may | Ecency