RE: Steem- Power up, promote, or cash out for content costs?
Love this answer. It doesn't pander and it comes across honest and true. This approach is similar to the plan I formed after posting this. Once I get powered up to a given $$$, then I may start investing back into the content with payouts. In a perfect world, that should increase views as well.
Early on in Bitcoin, I was aware but passed the opportunity. I think steem has the potential to be bigger than Bitcoin. Powering up locks up the money on top of giving you increased influence. Locked up money prevents impulse decisions to liquidate at the whims of the market. If it goes big in the long term, powered up might save me a fortune. If it all goes away- it was a fun ride in between.
We shall see. In 20 years, this post will still be a part of the internet history. The net never forgets.
Side note: Your Stomp box is out-fricken-standing!