You know why this is such an exciting milestone for me? Having 7500 steem power?
It's not the value of my vote because I have over half my SP delegated. And speaking of delegations, here's a little hint into why I hold most of my steem in the form of steem power.
Notice that delegation to @isotonic? That started out at 2000 SP exactly. Now it's a tad bit more at 2007. When you delegate you delegate vest amount which basically is steem power. But vests are ownership in steemit in some way. Forgive my not having complete understanding of it.
But on to my point...
When you power up or get a curation reward, you acquire a certain number of vests. And as time passes, this number of vests per steem power gets a tiny bit lower as time progresses. So that 2K steem power that I just left sitting there delegated to Mr. @isotonic who is my running upvote bot friend is now worth 2007 SP. It's because the delegation is measured in vests from what I can tell. So now a couple of months later since a SP is worth slightly less vests, it means my steem power grows just for me holding it (or delegating it).
That's the ownership part. In a couple more years you'll get far fewer vests per steem that you power up and if my calculations and due diligence is correct, that sized stake in this venture could be worth a small fortune some day.
Yes my friends, this is a long term game for me and it's only now just getting started. I convert over95% of my SBD to steem then power up for a reason...because that gives me the power to generate and earn even more SP without even authoring--simply through curation rewards done with an ever growing value upvote which brings me ever so slightly increasing curation rewards in the form of vests / steem power. And then of course there's the payments I get for my delegations to the bots..yeah that's daily income in SBD mostly and I convert it to SP too.
So if you're wondering why some people stack so much steem power, hopefully this milestone I hit and this little story I just shared has provided some insight. It's not all about vote value, it's about investing in something that could be life changing and provides so many ways to grow one's wealth it's mind boggling.
So please excuse my patting myself on the back for hitting the 7500 SP mark. I also do appreciate my 1942 followers very much so. I hope you all take away some knowledge from this post and consider what you do with your earnings...If you hold onto them and become a part owner (part company owner), imagine the possibilities. They're nearly endless!
Steem on friends! I wish you all a happy weekend and now I must sleep and prepare for my 5k race in the morning. More on that tomorrow!