When I just went to Coin Telegraph the top story was Binance apologising 'to Steemit community'. The actual letter refers to Steem, as it should. They say they have completed powering down, but it will still take them 13 weeks. They still have 29 million powered up for now.
Some big accounts are still supporting the Steemit puppet witnesses. Maybe they think they stand to gain from the changes Justin wants. Several big supporters I have seen are in Korea or other Asian countries. There does seem to be a bit of a divide between the Asian communities and the English speaking ones. I think Steem should be for the whole world, but anyone who is seen to be exploiting low value content for profit ought to expect downvotes and removing that function would be very bad for Steem.
For now there is stalemate between Steemit and the true community witnesses. Neither can force through a hardfork. From what I hear both sides may be buying Steem and exchanges powering down will make more available.
We are not out of the woods yet.
Steem on and stay strong. Toss a vote to your witnesses.
