When they stop allowing withdrawals what do you figure they will do with all that customer steem?
Do you think we should just let them forfeit it from their customers?
The company gets to keep the steem because nyknyc's?
They are likely to dump it.
They are not likely to power it up, and start voting for 'good' content,
I think this is something that needs to be on our radars.
We need to have a conversation about what is likely to befall us as this out of our control situation plays out.
This is a good time to remind everyone of the number one rule in crypto, don't store money on an exchange.
Not your keys, not your coins.
How do you think we should deal with the millions of customer's steem held on poloniex?
Is it any of our business what those people do with their steem?
What gives us the right to tell them to do with their steem what we want them to do?
I sure hate that those folks are gonna forfeit their steem to a corporation, but they need to get ahead of the ball, if they don't want to lose their coins.
Never store your coins on an exchange.
They are not your coins once you don't have the keys.
Nyk, nyc.
Can I say that again?
Not your keys, not your coins.
I would guess that a lot of that steem still held by poloniex is steem that folks have forgotten, lost their passwords, or otherwise don't fully control.
I hope it hasn't been trapped by kyc laws.
If that is the case, and those people are screwed out of their coins by gov't regulations, I say we burn those coins, rather than let anybody profit from their theft.
You got to decide for you, dear reader, let me know in the comments what you think should be done with the coins poloniex is about to get 'gifted'.