Power-Down No More

furion (70) in steemit • 8 years ago

Today I am canceling my power down, and re-powering up my liquid STEEM.

Furthermore, I am making a public pledge to:

Keep STEEM block rewards from by my witness powered up
burn or decline blog posting rewards

But why?

Getting into a prestigious club of top 19 witnesses is hard. It takes a lot of time and dedicated effort. It takes initiative to start new projects, and discipline to keep at it and deliver.

I fear that once in, complacency might kick in. I might get lazy.

This is why I am rigging the game for myself - by abstaining from short term profits,
I am forced to not only keep my game up, but to improve it. To think of new ways to help the community and the platform succeed.

This pledge is my tool for aligning my interests with long-term success of STEEM.

Instant vs Delayed Gratification

What is worth more - a guaranteed couple thousand dollars today, or a potential for millions in the future?

Taking Risks

I am very grateful to be in a position where my income covers my basic living expenses. This enables me to take this risk without fear.

steemit witness witness-category

8 years ago by furion (70)

$0.00

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!

Sort Order:

Trending

[-]

kingscrown (81) · 8 years ago

i like this!

$1.87

7 votes

[-]

noisy (67) · 8 years ago

If you like it, you also can stop powering down ;)

$0.00

1 vote

[-]

kingscrown (81) · 8 years ago

Im not a witness :)

$2.02

8 votes

[-]

noisy (67) · 8 years ago

but you are a proxy ;)

$0.00

[-]

andrarchy (72) · 8 years ago

"This is why I am rigging the game for myself - by abstaining from short term profits, I am forced to not only keep my game up, but to improve it."

Brilliant! Keep up the great work

$1.53

[-]

lukestokes (75) · 8 years ago

Rock on. It's all about timescale and we need more long-term thinkers.

$0.32

6 votes

[-]

jrcornel (84) · 8 years ago

Rational conclusions! Glad to have you :)

$0.15

2 votes

[-]

the-future (68) · 8 years ago

Good for you @furion! I didn't power down because I have only 5500 so I'm still buying and powering up! Little by little, how much I can afford! Cheers!

$0.07

6 votes

[-]

hagbardceline (60) · 8 years ago

Hats off!

$0.03

3 votes

[-]

steevc (73) · 8 years ago

That's cool. I can understand if people need the money, but I'm taking the long bet on Steemit.

$0.00

2 votes

[-]

mammasitta (70) · 8 years ago

Taking risks is the key to an exciting life

$0.00

3 votes

[-]

oldtimer (75) · 8 years ago

It is not so big risk and eventually the only think important on steemit will be reputation. We all gonna be rich anyway.

$0.00

2 votes

[-]

uwelang (74) · 8 years ago

That is brilliant and a wise decision @furion - Steem on! I hope more will follow this!

$0.00

1 vote

[-]

rizaldamti (62) · 8 years ago

Keep the spirit @furion , and this is very useful, can make people think so persistent in the establishment, continue to progress in steemit, life steemit, i love steemit, help me also in developing and survive in steemit

$0.00

1 vote

[-]

pqlenator (59) · 8 years ago

It's great that you're doing well, I'm new on Steemit, but I see a big potential, long term...so yes I'll always power up some of my rewards. It just makes sense to protect the liquidity of STEEM, and the future of Steemit. Keep up the great work witnessing for us.

$0.00

[-]

homeartpictures (73) · 8 years ago

Great post! I hope so many think like you!

$0.00

[-]

diggndeeper.com (63) · 8 years ago (edited)

I hope this influences others to think in a like manner. There is no real value in short term gains in a long term project, especially for witnesses that should be leading the way.

Thank you!

I look forward to hearing more about how we can make this a better place to spread ideas.

$0.00

[-]

necrophagist (54) · 8 years ago

This seems like an incredible idea, invesring in the future of the community. How do you think we as a community can continue to help inspire you, the witnesses?

$0.00

[-]

patelincho (67) · 8 years ago

I cansel yestarday morning , than get 3 ,4 flags and restarted power down :(

$0.00

[-]

clayop (73) · 8 years ago (edited)

Major whales already withdrew for 13 weeks (some sold many), and asking "no more" after that seems quite late.

$0.00

[-]

furion (70) · 8 years ago

I had powered back up what I had powered down.

$0.00

[-]

mrosenquist (70) · 8 years ago

Outstanding sir! I tip my hat to you.

$0.00

[-]

riskdebonair (67) · 8 years ago

Heroic!

$0.00

[-]

robyneggs (66) · 8 years ago

Thanks for incentivizing yourself where you find yourself without!!! Cheers and thanks for being my hero :D <3

$0.00

[-]

thejohalfiles (58) · 8 years ago

Seems dantheman and a few of the top 20 are powering down as of today.

$0.00

[-]

kingscrown (81) · 8 years ago

Dump INC!

$1.94

7 votes

[-]

thejohalfiles (58) · 8 years ago

He is also now powering down the Dan account.

$0.00

[-]

teamsteem (74) · 8 years ago

I'm curious as to what will come out of this.

https://steemit.com/steemit/@berniesanders/why-did-ned-lie-to-the-steem-community#

$0.00

[-]

dragosroua (74) · 8 years ago

Way to go!

$0.00

[-]

heroic15397 (62) · 8 years ago

You have my vote.

$0.00

[-]

noisy (67) · 8 years ago

This is why I am rigging the game for myself - by abstaining from short term profits,

Well said. Steem On! :)

$0.00

[-]

azfix (65) · 8 years ago

Glad you are in a situation that allows you to make decisions without the pressure of money. People often make bad choices when money is the only concern. I had one person as a proxy witness before, but now I am voting for them individually and you have my vote!