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RE: Ned's Making $700k+ Every Week: Is the Steem Power Interest Rate Too High?

in #economics8 years ago

Agreed, but since they hold Steem Power, aren't they already long-term greedy to a degree? If they are invested in the platform, and have to power down over the course of two years, I doubt they would want to see any harm come to their investment as they power down. But yes, they do have a lot of responsibility in their hands with the future of Steemit.

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Yeah, I tried to analyze that a bit in the post to get a feel for what the next couple of days will be like. I ran the numbers just with Ned's account, but he's not the only one who has been powering down. Hold on to your butt, as they say.

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