Post
Topic
Board Altcoin Discussion
Re: What's the point of Steem Power?
by
magicalacademy
on 26/07/2016, 05:21:22 UTC
Influence tokens which earn more power by holding long term.
The more you hold the more you influence post rewards and earn for accurate voting.

If you have an account on stemmit this is what your board says about your steem power I read on one article that you can also earn from voting articles that became popular on steemit networks

What voting power are you talking about? The whales own 95% of all steems, founders alone more than 80% https://bitcointalk.org/index.php?topic=1558366.0

To give someone 10 cents on a thread you need to invest $50 000, what kind of people even have this money? This system is completely rigged it's basically the same system as fiat where the rich get richer.