I have finally hit over 1000 Followers thanks to who has been accumulating these followers without any need for me to make Blog Posts.
just uses my Posting key to make comments and upvotes and so helps curate using my account, allowing many of you to benefit from the Upvotes, and allowing me to earn curation and my own comment author rewards. But finally I will be posting on my regular Blog instead of just leaving comments, and exactly WHAT I will be posting will be a wide variety of topics but one common thread will be a sort of Steem Digest, where I will try my best to feature projects I see that are underrepresented and not on or talked about on trending. I hope to bring Bitcoin holding crypto investors to steem by bringing attention to critically important topics, like Communities and SMTs and their use cases (like multi billion dollar volunteer industry) because we will turn a lot of investor's heads when we show working software demonstrating the possible addition of Smart Contracts to steem. We need to increase the ability of someone on Steem to attract investors with blogs, videos, stunts, gimmicks, business partnerships/sponsorships or even serious presentations for why one should buy SP. which we can present to consumers in paid video ads, the same way ICO ads make a case for buying their new altcoin for BTC. What I am arguing for is the use of these same WORKING tactics that marketing and advertising people use to sell "investors" on cryptocurrencies, tactics steem doesn't use, but if we actually got people excited about buying, holding and even making passive income from Steempower then maybe we could make Steempower so trendy that the current 78+ million Liquid steem out of the approx 260+ million total steem, will eventually get powered up until only just a few million steem are left liquid and not powered up :) That is a big dream of many of us, to ensure that so much steem is powered up that there is less liquid steem than Bitcoin, and that all new steem would need to come from the reward pool, and most of that is vested/staked/powered up steem anyway so steem can become quite scarce.
(Steem 10 year Inflation Chart from Steemspeak.com bot by
)
| Year | Supply | Inflation | New Supply |
|---|---|---|---|
| 2016 | 250,000,000 | 9.50% | 23,750,000 |
| 2017 | 273,750,000 | 9.08% | 24,854,398 |
| 2018 | 298,604,398 | 8.66% | 25,854,554 |
| 2019 | 324,458,952 | 8.24% | 26,727,942 |
| 2020 | 351,186,894 | 7.82% | 27,452,027 |
| 2021 | 378,638,921 | 7.40% | 28,004,740 |
| 2022 | 406,643,661 | 6.98% | 28,364,989 |
| 2023 | 435,008,650 | 6.55% | 28,513,181 |
| 2024 | 463,521,832 | 6.13% | 28,431,762 |
| 2025 | 491,953,593 | 5.71% | 28,105,742 |
This is why steem is so valuable, we have so little new steem but just enough to keep it circulating with authors being rewarded, users making posts about steem to make more people interested and thus creating new demand for steem. And since only a predetermined amount of new steem is created every year at a shrinking inflation rate, the price should continue to go up as long as new people have a need to buy hundreds or thousands of steem and existing stake holders don't decide to all collectively power down and dump steem. Since only a set number of steem is "minted" or "mined" by the witness nodes every year, then the market can price this in and discover a much higher price per steem token if more users join and compete over the approx 742k+ Steem that is paid out in rewards every week on this blockchain. So for example, if 10 million people suddenly joined after HF20 in just one or two months, adding to the current 1 million, then there will now be over 10 times the current demand for something which cannot have its supply increased any faster than before those 10 million people joined! Many clever forward looking people will realize that if they just buy some Steem to power up into SP to get a head start that they will have so much power over a potential media empire for the rest of their lives and this platform does have a huge chance of becoming a massive media empire the size of the multi hundred billion dollar Apple Music venture, or Netflix etc. Massive multi billion dollar media conglomerates are showing us that the media that humanity produces is a massive digital archive of wealth that is commodified, bought and sold, and it IS worth TRILLIONS and so yes STEEM blockchain marketcap can represent more than just a cryptocurrency but a blockchain full of content that will become the world's next youtube, instagram, snapchat and much more. This massive collection of media will be reflected in the price of steem just like the massive Apple music system is so profitable that it helps the Apple Stock price to be as high as it is.
Since I Finally hit over 1000 Followers thanks to who helps curate using my account, allowing many of you to benefit from the Upvotes, and allowing me to earn curation and my own comment author rewards. But finally I will be posting on my Blog from now on, Ackza will be helping me write some updates, and I will then highlight the work of some steemians that need some attention. I am also open to suggestions on things you think would make for cool posting ideas, but
already has a list of potential ideas from using this account as a bid bot to running contests to using its upvotes as prizes in a game, and we will for now just try to use this account to make special Steem Digest Posts to feature and promote important projects that arent getting on the trending page.
This Article was written by and edited/Approved by
to celebrate
account reaching over 1000 followers and to encourage others to invest in Steempower even if they don't have the time to use Steem very often. Many people have full time jobs, families and just can't realistically or effectively dedicate the sort of hours to steem that I,
the author of most of this article, can. But that shouldn't stop someone from creating a steem account, buying SP, maybe making an introduction post but then to make it a stress free casual experience, someone in this situation of having invested in SP but too busy to use steem can simply make comments, upvote, and allow someone else to use their Posting key to Upvote with, leave comments and resteem with so they can gain you followers and extra Curation rewards in SP and even liquid author rewards from comment upvotes, and I am able to earn then regularly for this account! I hope to make
more money from author rewards than he could leasing out his SP, and I also would like to experiment with perhaps setting his account up as a Bid Bot to earn him liquid money from his stake, OR use his account to write special posts which tytran can promote with bidbots using his SBD, which he will then earn back from profits of the posts payout, because I believe I could make great posts concerning a few different projects, and this way I can promote everything from my ackza account while also giving
publicity on the front page!
I am confident that Steem NEEDS to see a few projects on the front page of trending and those include my need to find developers for an Steem version of Crypto Idle Games like Ether Shrimp farm, but imagine Steem Shrimp Farm, and then imagine Farmville or Sim City but working on STEEM. These are the sorts of projects I plan to flesh out and promote to trending.... Decentralized blockhain games on Ethereum are so addicted but cost too much in "gas" to pay for transactions, while steem has free transactions, no smart contracts but we can replace them with our own private system, like and I just feel like this account could be used to promote MANY ideas and his SBD could be used to create a weekly cycle of trending page posts! If I can make
a good extra income he can give me a cut and I can create a turnkey business with video tutorials that teach how you can convince people to invest in SP and then use it to earn them money, while they do nothing but let you work, and collect their paychecks! I feel like it is a win win opportunity and if we could even create a Patreon clone type Steem Front end to streamline the process of buying crypto to buy Steem to then power it up and then delegate it, like a https://solicitingpower.com but with extra features now that would be useful for on-boarding steempower investors. We really do need an SP investor funnel to attract and seduce Bitcoin holders into buying Steempower to then set it up as a passive income machine!
Thanks for reading and please come to https://steemspeak.com by and
and also visit
's African Steem/EOS Discord with many people from
's
and
welcomed. https://discord.gg/CJvxC6S