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RE: Steem Basic Income FAQ Contest - 500 SBI in Prizes

in #contests6 years ago

Accurate. It's okay to be confused by the second question. The answer is no, because units represent a subscription level. Would you call a magazine and ask them to by back your subscription? It would be a ridiculous question.
The question comes from some members getting confused and thinking our shares are an unregistered security instead of a subscription (which would be something you could own and sell back). This is why we are moving toward saying 'units' or 'SBI levels' instead of 'shares', but every term is awkward in it's own unique way.

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