Thank you for attending the lecture in Steemit-Crypto-Academy & doing the homework task-7.

how important it is for me to build your SP in the next 10 years
The recent study show that the inflation rate is being decreased by 0.42% yearly and it will be continue. We know the Vest Token Holders (SP) get 15% reward without doing any task. So it is important to build SP. If i have good amount SP i will get reward without doing any perform.

You can also build your SP by producing content and getting rewarded with PoB reward pool. But the point is that over the next 10 years the reward pool size is more or less flat whereas after 2031 there is sudden drop in the reward pool size on account of low inflation rate.

Refer to this table

2021- Reward Pool size- roughly 30 Million STEEM

2025- Reward Pool size- roughly 31 Million STEEM

2031- Reward Pool size- roughly 26 Million STEEM

2036- Reward Pool size- roughly 13 Million STEEM

2037- Reward Pool size- roughly 9 Million STEEM

So in 2021, if you are getting an upvote value of $1, then it will be $0.86 in 2031, $0.43 in 2036, and $0.3 in 2037.

See, how it becomes harder as the years go by.

That is why it is more important to build SP now, it will be easy contour to build SP for the next 10 years or so. Those SP might also appreciate in value over time as we have very often observed that saturated supply paves the way for better demand.

By building SP, you will remain integral to the sustainable development of the ecosystem. Economically also you stand to gain more because you will have better privilege in proportion to your SP. Being an active curator you can help in content discovery and also you can help the quality authors to grow in this ecosystem, in return you earn a better curation reward. You can actively participate in governance and with better influence power you can vote for the witnesses who can contribute more and remain integral to this Blockchain.

You can easily send encrypted messages to anyone. For send the encrypted messages, just login to wallet with your Master or Memo key.

Did you send an encrypted message to any user??

Is it publicly visible? You should have had sent it by prefixing the message with # and should have had practally experienced sending a private memo?

The real experience with a tasks bring more clarity to your understanding.

Thank you.

Homework Task -7 successfully accomplished.
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