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RE: STEEM As Money? STEEM Has Something No Other Cryptocurrency Has....
As I have written above, in my opinion Steem Power is more similar to an investment. 3 month to cash out is really too much, and SP creates the possibility to get new cash flow with network influence and upvotes.. Just like a financial security
I like that it takes 3 months.. it forces me to save... which only makes me more in rewards..I only invest what I can afford to so powering down and cashing out isn't really a option until it's life changing money... in which case I got 3 months
I perfectly agree. Slow cashing out is a good resource to give stability to steem network - although it cannot control market volumes and it cannot completley bring down the steem supply in the market, particulary in moments of panic selling on exchanges.
I was simply pointing out that you cannot consider Steem Power as money, because its concept is very different from easily-available store of value. It is something different, more similar to "investing" as you said