RE: Wait so powering up equals investment ...... 🤯
I have seen many posts about how steem is so awesome and how we have over one million accounts - but for me personally there is one key question - how many of those accounts have actually invested some of thier own money to power up, I dont mean slowly powering up from payouts earnt from blogging but putting your hard earnt into the system - I have a strong suspicion its painfully low. Maybe someone can provide these stats?
Without being funny - most new accounts are from third world/developing countries..And why not steem can have MUCH more purchasing power for them than someone from a wealthy country..But how many will buy steem?
I do fear that steem may get to a point where there just isnt enough people powering up and too many people just blogging for rewards, surly the price would eventually collapse.