the differences between Steem, Steem Dollars, and Steem Power

in #steem7 years ago

this video explain the differences between Steem, Steem Dollars, and Steem Power for those new to the platform, as well as those who might still be confused over the exact details. The explanation is designed to be as informative as possible without being especially technical so that anyone using Steem can feel comfortable with these three different things.

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Just now, I understand the difference.

thank you for this. it was really helpful

Thank you, most informative.

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why can't I resteem this? this explanation is fantastic

Thanks! I needed this! resteemed to watch later!

you are welcome

Beautiful stuff.

Discovered Steemit a week back, but had been struggling to understand the entire concept around Steem, Steem Power and Steem Dollars.

As a newbie, I think this is one part of the Steem onboarding process that can be improved tremendously.

Maybe like a 5 part introduction series? (if there isn't one already)

Still figuring out my way around Steem, but I think I am getting there - slowly but surely lol.

probably the best explanation of these confusions...

Thank you, finally someone explained it so that it makes sense! So Steem Dollars are little bit like Tether Dollars (in a way) and have constant value - Steem can be trading on an exchange for Bitcoin and USD but is volatile whereas Steem Power is a long term investment and gives you a lot of power on the forum. But I note you can also trade directly on exchanges with Steem Dollars.

Thank you! It was very interesting!

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