View this post on Hive: Can This Happen at Steemit and with Steem?
I have moved all my posts to the Hive blockchain.You can now find all of them at https://hive.blog/@joebrochin
Hope to see you there!
Steem is at present less decentralised than Bitcoin.. so yes, it can happen and a way, sort of does. STINC, the largest stake holder can tank the price to zero anytime by dumping a lot more Steem on the market and selling for 1 cent.