Community post
Breaking News: Tron Acquiring Steemit Inc?
I don't know what to make of this but this is breaking news. Is it just Steemit Inc or something else? What does it mean for Steem?
https://globalcoinresearch.com/2019/12/09/breaking-justin-sun-and-tron-to-acquire-steemit/
Mars Finance, a Chinese media platform recently invested by Binance, Matrixport, and other influential investors in China, just reported that Justin Sun said that he has wrapped up multiple acquisitions in the last week, and is about to announce the acquisition of the crypto social platform Steemit.
Five days ago, Sun Yuchen, the founder of TRON, revealed on his profile on the Chinese social networking Weibo that two mergers and acquisitions have been recently completed. But since then, this comment seems to have been deleted.
Replies (11)
I don't know what is bigger news to me:
This actually happening or seeing you posting instead of curating ;>)
It would definitely stir some sand though.
Haha! I wish I had time to write more in general outside of work but alas I write all day long but only for dreary commerce.
Whaaat?!?! Can even think right know!!
!giphy fomo
giphy is supported by witness untersatz!
I can see why it's been deleted, as Steem is marketed as censorship resistant, and China recognized generally as surveillance and police state without peer today. Also, such transaction is possible without any public revelation of transfer of equity beyond equity holders and relevant regulators. Steemit, Inc. is a privately held firm, and has no need to inform the public of it's equity transfers.
Thanks!
give us your "i type for 60 seconds and then click post" take
Justin Sun is a bad actor who is probably short on funds and acquires blockchain assets to fake market the Tron blockchain which is also not a blockchain because you can't even actually audit the chain to verify what is going on or basic things about it, it's a total cluster fuck, and at this point you can see his track record is also a total cluster fuck of promises he welched on, plans he let die, and ongoing complete failure of any kind of technical development, just theater to try and extract money and attention out of people who don't pay attention or are looking to be duped.
worthy of being a separate post
That doesn't sound like much fun ;>)
Hope you still have time left to watch films every now and then. I am not really blogging about movies anymore but in case you're interested in what I watch, let me know. I can share my letterboxd profile with you, it's the place where I log films.
TheStreet picked this up 11 hours ago:
And from there, it found its way to MSN
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