RE: Let's Get the Steeming Facts Right!
Yes, exactly the problems I encountered, misinfo.
It is indeed now 12 weeks.
There is now not 100% inflation anynomee on steem currency.
but only around 10%, by powering up you will have a little less inflation, however steem could now be an investment too if u don't want to hikd on to steem to long and are less interested in participating in Steemit.
Nevertheless the most gains u will make out of powering up and participating.
I still think Steemit could be one of the best longterm investments, but what I would like to know if those whales are actually gaining more and more steem power. As so much steem power is held by the top few, I have a feeling they will just accrue more and more as the reward system just ends up going to the higher levels mainly. Which will mean that the gap between poor and rich will just grow and grow.
I will try to figure out the maths behind it when I have more time,
Yes... You do the maths and figuring out Oodles. Thats one of your strong points. I'm off to try and shear my goats. If they decide to let me live I'll see if I can't post tonight, but its a busy time of year... On reflection, and knowing how far and hopelessly lost I can get in 10 minutes, I do hope a keen sense of direction is also one of your strong points....