I get the impression that the of Steemit users would probably agree with me. If you have more than 1M Steem Power, you have the power to enrich pretty much anyone. Why would you give up that power for a quick cashout?
Even if Steem implodes, and the price goes down to nothing, the nothing that you hold in Steem Power will still be more valuable than the nothing you hold in Steem.
Holding more Steem Power makes it easier to earn more money on the Steemit platform, plus you get the power to lift others, and that feels great.
So I've come to the conclusion that it's better never to power down. I may be wrong, but it seems like the smart thing to do.
SteemDollars are not designed for the future. It doesn't take into account that the future holds hyperinflationary scenarios for us. Having SteemDollars means that we are no longer have control over our own assets, our own money, our own hard savings. You're allowing the government to take care of all that.
Even the interest rate does not help this. Who knows where we could end up potentially. We could be faced with an unimaginable economic storm that sweeps through the world. And printing more dollars won't help, surely. Nor would it help for SteemIt to raise the interest rate, when it is changing 24/7. People won't hold it even for a day, trust me. They'll dump it as soon as they get it
Of course, there are many technical details on how local currency and were structured to give you a greater chance of success. These have been explored at length, but here are a few quick points:
Steem dollars are linked to the almighty dollar, making much more comfortable regular people using them. After all, only the most hardcore players really want to use a currency that may rise or fall 10% between lunch and jantar.poder esteem is very illiquid. This means that there is a constant demand for Steem, which again stabilizes the price and makes it more comfortable for regular nerds, not cripto.A use of the currency is linked to a social media site - a medium more one billion people worldwide are already using and confortável.Zero transaction fees. That's a pretty small in the grand scheme of things thing, but among cryptocurrency enthusiasts who saw the amount of uncommitted transactions up to a 30,000 delay unit, encouraging bitcoiners to pay transaction fees increasing, this could become an important point of sale in the future.
Only two things in the world and right, one that will die one day, and the other is that steemit is the beginning of something very big.
