RE: You Keep Buying and They Keep Selling

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You Keep Buying and They Keep Selling

in steemit •  8 years ago 

Because of the fact that Steem Power compounds heavily, the founders must power down and distribute (sell) heavily if they want to distribute % ownership of the company to others.

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That's a great point I did not consider before, THANKS - it eases my mind a bit. I have benefited directly from the SP compounding interest, which I have to say, has dampened the lose of value some.

Good point, I was never bothered by the "big whales' power down" due to the fact that it meant better spread of power, but didn't consider the effect of not powering down on the concentration of power.
(may sound redundant at first)