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RE: WARNING - ARE STEEM AND SBD REALLY JUST "MONOPOLY MONEY?"
How do we cash in our SBD or Steem power? I still haven't figured that part out yet. As of right now I'm just investing so don't plan on cashing out anytime soon but just would like to know. If you can help me out I would appreciate it. Thanks and followed!
You can cash in by withdrawing sbd or Steem to an exchange. Your Steem power, which is Steem held by a smart contract can't be withdrawn right away. It takes 13 weeks before you can withdraw it fully. Which is good so not all is removed at once when the price goes up. It also serves as a protection against hackers. Since you plan to stay, keep your funds locked up as Steem power.
I created an account on Bittrex and sold some for Bitcoin, which I transferred to my coinbase account and spend on my shift card just like I would a debit card.