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RE: Debate: There is no incentive for NOT powering down

in #steemit8 years ago

what is it with you and debates.

I'd go a step further even. There is really no incentive to power up. If you get a big chunk of liquid steem, it makes more sense to hold it, or sell it for btc or steem $ (if youre afraid of inflation). The "built in" incentive for buying and holding SP is its effect on your influence in the system (ie, your curation power) but because the marginal ROI on that is so low due to concentration, its effectively worthless in that regard.

Also, one of the things that many ppl miss is that Steem is much more scarce than SP (98% of steem is SP) and convertible only one way.

So i can change my very rare liquid steem to very common steem power. But if i do, it will take a year to change back.

Even with the SP incentives, that amount to almost 300APy at the moment, its just not the best deal.

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