Steem thought

gregory-f (68) · 9 years ago

Well, a lot would depend on their needed income. I have a house with a mortgage, so my needs would be much greater than someone living in an apartment with a couple roommates to share the expenses.

mctiller (69) · 9 years ago

To be perfectly honest, I posted about it with the first payout. I am a teacher, so replacing my income isn't exactly requiring me to a millionaire. If this thing continues, and if the price of Steem continues to climb. It's at a $1 as of this writing. If one had enough Steem Power, they could Power Down, SOME of their money, and live off the weekly payments for two years while still posting content. No...I haven't put any thought into this at all.

syadastinasti (53) · 9 years ago

If you're a content creator, the idea of steemit is that your content is rewarded with a proper amount. If you provide a stable amount of (popular) high quality content, then in return you receive a stable amount of reward.

cryptoctopus (74) · 9 years ago

it would be a very unstable source of income UNLESS someone is able to accumulate a large amount of STEEMPOWER. Then, he could live by curating alone.

fuzzyvest (62) · 9 years ago

im pretty sure steempower is used to automatically upvote your own posts as well isnt it? that would mean that holding lots of steempower automatically give you pretty solid payouts just for posting your own content with said account. :)

https://steemit.com/steem/@abit/to-authors-with-large-steem-power-please-consider-not-voting-for-yourself-when-posting-an-post-for-better-curation-reward

benjojo (70) · 9 years ago

I stopped up-voting my own posts after abit made this request....

Seemed like the right thing to do. However, once steem is more widely distributed, perhaps it will be reasonable again. I think it's fine to up-vote your own content though....just liked the idea for now.

$0.00