Power Down began 2 months ago @ approx 1.4 Million per week.
source: https://steemit.com/steemit/@igster/top-26-whale-accounts-and-power-down-the-numbers
Can y'all answer a few questions? This might explain a lot about the system, where we came from, where we are going ..?
- Where did this $ come from? Is it from the STEEM singularity - the creators simply held on to a large % of pre-mined STEEM?
- Where is this $ going? Certainly the creators needs ta git paid y'all .. is this also the source of the 10% interest paid to those holding Steem Dollars?
- We know that holding STEEM helps keep the price high - how does Powering Down, and presumably unloading STEEM for cash money, help us?
- Why is @steemit not curating? That would be very helpful .. targeting the little guys, giving us hopeless wanderers a biggie bounce!
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