RE: Protect & Govern STEEM: Vote for Witnesses NOW!

I submit you are correct. I apologize for my misunderstanding.

Thanks for preventing my continuing in error.

Edit: I feel it is necessary to point out that such a fork would be a new blockchain and new token, which would not bear the exchange value of that on this original blockchain, and neither would be listed on the exchanges until we get them to list it. Justin Sun would continue to possess his extant Steem on the original blockchain, and could proceed at will without those that forked off into the new blockchain.

The original tokens would remain the property of the possessors on the original chain, subject to what governance Tron sees fit to exercise. Some folks unfamiliar with cryptocurrencies may not understand this.

You are right, Justin is going to win in terms of exchange tickers. In fact, a Steem Classic might be economically screwed with near zero liquidity and be available only on shitty exchanges.

But at the same time a fork might be necessary for the future of SE token projects. We might be able to adapt and we might not. The SCOT projects, many contest systems and my own contest system is held in the balance in this situation. I have no idea if the SE tokens will even be able to exist to provide the utility that people got them for.

SE-based operations are very much at risk of needing complete overhauls if we lose this blockchain in place for some dapp on Tron. A Steem Classic, profitable or not, might be the only way for SE-based community projects to stay functional.