The basic concept is Steem Power holdings will make your upvotes more valuable and in turn make you earn more money for investing back into steem. Also it helps you earn more on your blogs so the more you hold the better in that area. Kind of view it as being a share holder in Steemit, more shares you have the more returns you get back. Hope that helps.
You are viewing a single comment's thread from:
Ok thanks for your reply. so these people who are giving $100 per like just hold alot of shares in steemit? My likes are not massive but have one for helping.
Yea basically those guys are richy rich lol...but we can all end up there with some hard work. Best thing when you start out is save back as much as you can in SP, it will make you more in the end
Thanks for all your help.