WHY I BELIEVE STEEMIT's NEW PAYOUT Format Can bring POWERING DOWN to a HALT!!

in #steemit6 years ago (edited)


In case you didn't know by now, Steemit's payouts introduced a new entry in STEEM early this month

At first I thought it was cool and didn't think about it much but now I realized that this could potentially halt the powering down of STEEM because now you get paid with it directly in your wallet...


So basically you won't have the need to power down every time you need some STEEM unless you really need more but even then it won't be as much as you used to before because now you will compensate it with your liquid STEEM if that makes sense...

  • practically it slows down.. the power down, sort of speak....which is wonderful!

On the other hand, your liquid STEEM that you earned can be easily used to quickly power up by a few clicks in fact it is now easier, 2 times faster and straightforward to power up instead of having to buy STEEM and then converting it

This will, in my opinion, increase the power ups and decrease the powering down significantly thus increasing the overall volume of STEEM on the platform and on the market cap as a whole

Needless to say that this will ultimately increase the STEEM's price gradually but steadily into new horizons in benefiting the community and the crypto world

I think this was an ingenuous idea made by the Steemit team and @dan so I would like to express my appreciations on behalf of the community because it is hardly ever talked about here at least it seems to me...

...anyhows, in case you are still in doubt of what all this means, here's one clear message to you that you can literally take to the bank:

STEEM ON!!!

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