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RE: Why you SHOULD NOT INVEST in STEEM
So much misinformation here:
However, there is a 100% yearly inflation. Assuming the market cap remains constant, that means each STEEM will lose half of its value by next year.
No, 90% of that inflation goes back to Steem Power holders
There is also another risk: even if you buy STEEM and power them up, you might end up losing more money to inflation than you will make from contributing on steemit
Same answer as above.
My suggestions: Actually read the whitepaper! It covers all this stuff!
most be a good reason to be powering down???????
What? Do you mean? Because onubense speaks out what he thinks? And how he interpretate this? This is just a good post, it does not mean that it is true, but it lets us shure think.
90% back to Steem Power holders? Great.
I invested in Steem Power; am I correct in saying that is the way to invest in this if you intend to be a long term holder looking for growth in the overall market cap?
Thanks!