Because, more and more wealthy people join us, who will buy steem power, so your % share of the entire steem power pool will be less.
Sort of like investors buying up stocks after stock split, your % ownership get's lower. Your Steem value invested is the same but the % gets diluted. So that is why in my opinion it's good to buy SP when others are powering down.
Because, more and more wealthy people join us, who will buy steem power, so your % share of the entire steem power pool will be less.
Sort of like investors buying up stocks after stock split, your % ownership get's lower. Your Steem value invested is the same but the % gets diluted. So that is why in my opinion it's good to buy SP when others are powering down.