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RE: My SteemIt policy (responsibilities, guidelines, etiquette, abuse)

in #steemit • 7 years ago

I've got a few questions. First one is - when people purchase Steem power, are they effectively adding steem currency to the monetary supply?

7 years ago in #steemit by
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     7 years ago (edited)

    STEEM POWER is literally STEEM that you lock up so that you can only make it liquid after 13 weekly payments. So locking up STEEM makes less liquid STEEM available which effectively increases the price because of limited supply.

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