You are viewing a single comment's thread from:
RE: Weiss steemit ranking is a big deal
Steem Backed Dollars are present to protect the content creators from volatility and can be traded for 1 pound, to spend money from steam. Converting Steem-supported money to Steemit takes 5 days. Users also receive interest from holding SBD. for everyone can access it in social steem ......
Behind the hood of Steemit.com there is a redeemable crypto sign, called Steem, and good performance on US-based exchanges, bittrex.com, and blockchain based exchange openledger.With Steemit. posts, comments and sounds can not be changed. Attribution is given. Accreditation is not done for granted. And the public's appreciation is the real gift.
Yes, steemits economy by design prevents market crashes and promotes a positive atmosphere in where we strive to create quality content. It's actually quite amazing how well the system works.