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RE: The Value of Steem Power

in #investment8 years ago (edited)

I don't think the Helpbot is functional yet. ha,ha I've made the decision early on to reserve my upvotes for other peoples content in the community. I believe my account originally set to auto-upvote my own posts. About a week in to Steemit I read an article (?) on the merits of sharing upvotes with others - an I decided "sharing begets sharing". My limited understanding is that the more steem power one has the more influence - one has in the community. Though I am still a nube, so it is my thought and not necessary fact.

One reason I like the idea of SP is the 13 week power down. I look at in a view of a long term 401-S (for Steem) something I contribute to that will be of benefit to me down the road. Sort of a Crypto-401K. Also it's hard to Hack. Which when you mentioned Bittrex - I learned in a article by @hexdek16 or in his @loosechange project - not to keep large amounts of coins on exchanges. Hence, I now have an Exodus Wallet and some other alt-coin wallets. Not that they have large amounts, perhaps one day.

whoot!. She proposed some steemy ideas of doing things with Steem Projects. I think the idea of renting out some steem power to get returns is an idea worth pursuing. That way your coins are earning you more coins, and in turn benefiting others. My .02 Cents.I was reading @stellabelle post VBlog on being a Full Time Steemit blogger, she's quite a