RE: Vlog #42: Crypto thoughts on Saterday morning. Bitcoin, Ethereum, Steem and Payouts.
Great explanation of the rewards pool and voting power in relation to whale voting. With so many new users, I think it's vital that that experienced users make posts like this explaining things. There is a learning curve with Steemit and not all new community members will want to invest the time to learn the ins & outs, so the more learning aids we can all put out there the better. One thing about human nature for most is, when something gets confusing or they don't understand something, they quit. We all want them to stay and become an active participant in the community so they can experience the incredible opportunities that Steemit provides, so I feel ongoing education is key.
I think you're dead on when it comes to holding Steempower. When you think about 1 billion users, it truly boggles the mind. The rewards will have to change dramatically to accommodate the influx of users. I think receiving just 1 Steem in rewards for a post will be an incredible achievement b/c the price of Steem will be so high. Holding Steem Power now might just be the greatest long term investment opportunity of our lifetime. What's so amazing, is by creating content, you can collect in essence, daily dividends to grow your Steem Power. Truly remarkable. Great post. Enjoy your holiday and have a great weekend!