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RE: We Double Our Steem Power Upvoting Ourselves Every 181 Days!

in #hf207 years ago

What about inflation? The numbers I share are based on today's voting power and actual inflation because all the rewards produced come from inflation and because most Steem Power is not used for voting! The more voting power used, the less each vote is worth meaning that if every single user only upvoted themselves, we each would receive an interest payout equal to our Steem Power at the current inflation rate. When considering the SBD conversion rate which effectively adds 20% or more to every reward payout at 50/50, the amount of rewards are actually higher than what I show here. As more whales get excited with the ability to vote comments up for $5, $20, and $100+, the value of voting power is likely to continue to drop and get focused at the top more meaning that it will take longer realistically than 180 days to double money with no change!

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I'm so glad someone knows their numbers!!!
I will digest and assimilate
thanks for helping clear this up.. its not so obvious some of the details and implications

Thanks a LOT also for the upvote yesterday.. now you can have a few days off Steemit whilst your power recuperates ;-)

Superb explanation.