I recently read a post about Steem Power that left me a little confused. I tried looking up facts about Steem Power but got more confused!
The person posted that he bought a lot of Steem Power. Now I think the reason was to become more influential when he posts something and therefor his posts carry more power as well as his comments.
My questions are as follows:
How does having a lot of Steem Power help generate more Steem Dollars?
Is it a wise decision to buy a lot of Steem Power?
I have been buying silver as a hedge against inflation and the destruction of the petro dollar.
Is Steem Power a similar concept?
I did notice his posts generate a sizeable amount of Steem Dollars.
I would appreciate your thoughts on this as I am having a hard time wrapping my head around these concepts. Probably my ADD!
Thanks in advance