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RE: Benefits of buying Steem power

in #steemit8 years ago (edited)

I would highly recommend powering up all Steem you do not need for immediate expenses (say in the next two years). Steem tokens effectively loose value as they are held, while Steem Power increases in value as it is held. If you're not planning on cashing out your Steem any time soon, power up!

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Steem tokens effectively loose value as they are held

Interesting...was going to ask why this is. Then I did some digging and found this post: https://steemit.com/steem/@xeldal/the-price-of-steem-will-always-go-down-it-s-supposed-to-the-magic-of-steem-power

I hadn't realized that. Thanks for pointing it out in your comment.

You're welcome - though things have changed somewhat since then. Cheers!

@darwinruiz

There is 8% inflation build in but when you upvote other people you can also earn so it's kind of a zero sum game.

Do the same regulations still in place?