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RE: Whales Having Power is Good: Power is an Incentive to Buy and Hold on to STEEM Power + What Incentives Would YOU Like to See - An Open Discussion
I think we already have enough incentive to hold Steem Power. Some people are more aware of the incentives than others
Really? Then why don't you list those reasons for everyone? There is 0 incentive to hold SP at this point. The rewards for doing so are minimal.
Interest is still an incentive but now a very small one and curation is an incentive but only if you're willing to power up a lot to compete with the bot voting which is impossible for anybody with a job/life to compete with without becoming a bot yourself. And then user engagement drops.
Other incentive is to determine where the author rewards go. All of these require a huge power up to be serious. There is no incentive to power up as much as you can afford (which is a lot less for most people). That's why I'm powering down. It's just money sitting there. I can hold steem speculatively but I won't be powering it up until I feel like it could make a difference.