Here is an interesting subject or maybe you can call it food for thought. Steem is a globally traded currency on a few different exchanges. Basically You and I are buying shares (because that is really what this is. A stock market using coins). So does this make every person on this site and all people who own Steemit a stockholder. If so this means you own a very very small part of the company you buy into, in this case Steemit. If you look at it this way, your best bet is to keep collecting and save your shares so the value continues to rise and the company bgins to flourish into a global power like Facebook or twitter. Neither of these companies offer anything to their content creators/publishers. Stick with Steem there is so much potential here.
In Fact, you ARE NOT a share holder. Share holders are issued Certificates of Stock among other legal aspects.
Here if you hold STEEM POWER you simply hold encrypted keys to data that is considered valuable by the STEEMIT Community. It is to gain an interest while it is held to be paid in STEEM POWER.
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I understand that owning this does not in fact make any of us direct share holders, but giving your community a voice is much better than gain your coins and cash out.
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Yeah that resembles buying stocks. It would be more cool if this stocks give you some power to make decisions about which way should steemit go itself. In one word - self-governance.
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Exactly, most stock/buyins gives it's shareholders a voice.
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I believe the Steem Power is meant to represent the shares in the "company." STEEM is the currency used to invest so you want to buy and power up not just buy and hold if you really want them to gain dividends for long-term imo. 😉
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Nicely explained, I think if you let people know there is more to the shares if you will then just buy and sell. People more than likely would not dump as soon as they get a bunch. Thanks forReply
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Thanks for this important piece of knowledge, I think I'will stick with steem power.
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