RE: Are there any plans to allow us to exchange Steem for gift vouchers and other stuff

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Are there any plans to allow us to exchange Steem for gift vouchers and other stuff

in steem •  9 years ago 

Yeah it is definitely possible. Plus remember the maximum sell pressure created through that payout would be 1/104th of the payout every week. And that is if every single person powered down immediately, which of course wont happen.

Another real intriguing part of this whole experiment that I don't see people talking about too much is that both individuals and companies will want to buy STEEM to have steem power without going through the process of receiving it through participation. This is where STEEM can really be amazing in my opinion because what it would indicate is that getting your post upvoted on STEEM brings you exposure you cannot get elsewhere. So the interactions between all different types of participants will be fascinating to see.

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Steem power increases your voting power, but I'm not clear that it necessarily means your own posts will get more votes (aside from your own). Did I misunderstand you there?

you are right it doesn't mean you are going to get a bunch of votes on your post automatically or something but think about it this way, having a bunch of steempower lets you choose what types of posts are popular

Certainly. And I also think that anyone who wants their content to rise to the top might seek you out anyway, because even if it's one vote, the weight of it may have more effect on the post rising higher.