Everyone keeps the STEEM they have. It's equal to vote and reward based on global delegation of power.

If all votes are equal, then how does one award more for having steempower? The votes aren't equal then, right? That negates the point of having everyone have an equal influence to affect the valuation of other content.

Yeah, accumulate SP right now is only to control who gets what rewards. So those who have the power decide who gets what, not the community, not like social networking sites work in general. This isn't social networking site per se, but stake controlled site for social media to decide who gets more or less visibility and rewards. Like the Digg fiasco.

I see investing like a corp. You invest because you evaluated the company and see promise in the stock going up, so when the company succeed you make money.

If SP isn't used to control rewards on the system, is there a point in it? Are we stuck with this because thats the reason to get people to power up so they can be part of that control? And the community will never decide for itself who gets rewarded, but it's always those who have the wealth power?

The SP as I saw it in global delegation where people have equal influence on each other, would be to allocate curation based on the SP you have.

Thanks!