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RE: SELF VOTING ISSUE AND WHY WE NEED TO MOVE ON

in #steemit8 years ago

@surfyogi Speaking about self voting, it costs nothing except voting power. No money is moving from wallet of the person who upvote. The upvote is the only way to 'mine' Steem from the reward pool and distribute among authors and self via curation rewards."

While it may seem like this on the face of it, the truth is that voting value comes from the amount of SP a person has which in turn comes from investment. That investment comes with lots of risk. The value of Steem can fall, just like with any other cryptocoin. It is also trapped in the wallet because powering down takes a number of weeks. I could of course not invest in Steem power and give everyone the votes they want.

So, again the question is why would I invest in Steem and put it on the Steem platform?

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Yes, this investment comes with a lot of risk.
But it also becomes easy to believe in, when we have a strong community of people that can agree to disagree, and get along.
All great points, thanks.