I never understood the "ninja-mine" narrative. everyone that joined the blockchain knew that there was a founders stake mined. other than that I fully agree with your narrative. this whole mess could've been avoided by just hardforking (or just not running the merger-fork) from the witnesses and then see where it would've led.
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Agree. I guess 99% of current Steem community members (except few early miners) bought their stake from those ninja-miners anyway (same as Justin's purchase).
Super agreed. Most of us who Steem powered up at the avg purchased price of $3-$4 per STEEM never care about the Ninja mining narrative.