Steemit Ate Bitcoins Lunch Scenario.

in #steem9 years ago

SteemPower can do something Bitcoin can not. It can proactively make you money through increased social network influence. Bitcoin can only passively make money by riding the market sentiment. There will be much more total Steem than Bitcoin. Near 90% of that total will probably be held as SteemPower only withdraw-able over a 2 year period. leaving the supply of liquid Steem fairly limited by comparison. People will be powering up some of their freshly powered down Steem to gain even more influence leaving the supply of new Steem yet more limited by comparison. The best way for most to earn Steem and SteemPower in the future will be blogging. With the wealthy making up most purchases of new Steem to PowerUp and gain influence.

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