The post I just resteemed from @penguinpablo is a good one. He explains how the inflation of steem works. Basically if you own STEEM over time you lose 9-10 percent a year (if the price of steem stayed exactly even) to inflation. If you hold STEEM POWER, you get a similar percent as a type of interest.
The other post was supporting STEEM going to 4!
Hang on! Happy 4th!
I ve already read that post earlier. at the beginning of steem it was 100 percent now 9.5% seems much better.
Its similar to holding dollars under your bed. over years it will lose some value because the national bank will "print" some new dollars.
Best example at the moment is Venezuela where the inflation this year is 700 percent!
Keep your Steem in Steem Power if you going for the marathon :)
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I agree totally....If you look around, that's what all the whales are doing. Plus that's good because they are investing for the longer term not speculating.
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Interesting know that david, i saw a post about $4.7 :) Thanks for sharing
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I guess it is best for everyone to power up, invest and lock it away for the future since that is how you are going to get the most profit as well as you get the many benefits of having a higher steem power as well.
I'll take a look at them.
Happy 4th of July!
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That is what I think as well, and thats what I'm doing.
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Great posts for all who are not familliar with this and specially for beginers. Tnx for information!
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Thanks for resteeming! I asked that for times.. GO ON STEEM!
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So.. oh it's interesting to know. I actually didn't know that hehe :d
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thanks you ,now i know what will be my next step ,thanks :)
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So david shouldn't we hold steem ?
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