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RE: STEEM: The easiest Shill in town?

in #steem6 years ago

You know what I like about Steem? Steem Power. I like how if you hold your steem power it grows over time because of how the vesting works (as time passes, it takes more steem to buy the same number of vests). I noticed this as my delegated SP amounts have all increased since I delegated those whole number amounts. I delegated 2k SP to a project a month or two ago and that amount has gone up by a few SP because apparently the delegation amount is measured in vests. And the ratio of SP per vest drops slowly over time so the same number of vests is worth a few more steem power than it was a couple of months ago (it's only like 0.25%). It's slow growth but I'm actually gaining SP just by holding it, just by doing nothing.

And because of that, in some amount of years if I hold the SP I have now it'll grow all by itself because of the way vesting works here. And I have to do NOTHING in order for that to grow slowly. Nothing but hold onto it.

And of course there's all the other ways to grow your portfolio here like curation, authoring & commenting, delegation to bots which brings rewards, and of course when the value of Steem goes up the value in fiat money increases.

You've already covered some other positives such as transaction time which should be a no brainer since it's faster and more efficient than so many other blockchain technologies.

Not to sound like some douchey spammer, but nice post :D

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Totally :D

Holding Steem Power while inflation drops steadily over time is just awesome - in 10 years if 'we' are still on the road this should show a healthy return in itself!

Cheers to you, the clearly not a douchey spammer - I get enough comments to spot the difference pretty well these days :D

Have a top weekend!

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