How well is STEEM Power protected from inflation...really? by nomoreheroes7

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steem · @nomoreheroes7 · Jul 10 '16

$0.74

How well is STEEM Power protected from inflation...really?

<html>
<p><img src="https://www.superteachertools.us/images/help-please.png" width="128" height="128"/></p>
<p>So I've been observing my "stash" of Steem Power the past few days and noticed that while the "virtual_supply" has been increasing on average around ~1.37% per day, my Steem Power holdings have increased around maybe 1.31% each day. While this at first may seem to not be a huge difference, when extrapolated out over a year the difference becomes a whopping 21.9%. Which basically means our SP has lost 21.9% in market cap "value" in the span of just one year (unless I'm mistaken, which is entirely possible heh).</p>
<p>So my questions are...what forms of inflation is our Steem Power <em>not</em> protected against? Can we expect the increases in virtual supply as compared to SP to continue as they are, or will this difference shrink over time?</p>
<p>Any and all input is greatly appreciated.</p>
<p>Thanks, and STEEM on!!</p>
</html>

👍 lafona-miner, steemychicken1, liondani, lafona, joshbreslauer, gottahaveit, nomoreheroes7, acassity, james-mac, bacchist, ash9095, justtryme90, gridcoinman, riscadox, ydm6669, stealthtrader, adriaanvn, getssidetracked, avantyris785, amihay, x-lfp-x, silver-surfer

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@amihay · Aug 7 '16

Upvoted you

👎 cheetah35, cheetah33, cheetah34, clamps

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@bacchist · Jul 10 '16

$0.05

The value of the money supply should increase as the platform grows. So while your slice of the pie might be getting a little smaller over time, it's a smaller slice of a much larger pie.

And active participation on even a very casual level will increase your stake through rewards for curation, posting, and commenting.

👍 liondani, cannav, lightninggears, ydm6669, getssidetracked, kalimor, bitsky

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@dantheman · Jul 10 '16

You are only protected when less than 90% of steem is powered up.

👍 nomoreheroes7, gottahaveit

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@nomoreheroes7 · Jul 10 '16

Now this is interesting...hmmm...must be a hell of a lot of powered up steem right now then. Curious to see how this all plays out; can't quite wrap my head around it.

...is there ever any instance where Steem Power is actually deflationary? Is that possible?

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@stealthtrader · Jul 10 '16

Good point out!

Definitely something to think about :/

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