SBD, is considered a backed currency by steem indicating the pegged value of 1.00 however it is not that case currently! Steem is the currency of full liquidity meaning, you can send it anywhere via exchanges etc.
SteemPower is powered up from Steem it self, which in return gives you a higher voting power, to upvote people with a higher amount as you power up the steem itself. The downside you can say about powering up, is that it takes 13 Weeks in order to get your money to be liquid again. However if your on the platform daily and beleive in the platform, that is not a down side! Took me like a month and a half to really wrap my head around it.
It truly is. I try to learn something new everyday. I am not doing great in it. But I am still plugging away at it all. I am not asking for upvotes are resteems unless you feel what I have written is worthy of such. But I would love input on any ways that I might improve what I am doing. also may I follow you ? I think I could learn a lot from you. But if find the time to look at where I am at with my post I would greatly appreciate it.
That's actually how I got started on here. Way back. That guy did a phenomenal job of breaking it down. He was like the early @jerrybanfield. Whatever happened to him? He was pretty fun to watch. Why isn't he trending anymore?
SBD, is considered a backed currency by steem indicating the pegged value of 1.00 however it is not that case currently! Steem is the currency of full liquidity meaning, you can send it anywhere via exchanges etc.
SteemPower is powered up from Steem it self, which in return gives you a higher voting power, to upvote people with a higher amount as you power up the steem itself. The downside you can say about powering up, is that it takes 13 Weeks in order to get your money to be liquid again. However if your on the platform daily and beleive in the platform, that is not a down side! Took me like a month and a half to really wrap my head around it.
i am still trying to understand how it all works first time I had heard of the 13 weeks thought .. more good information . Thanks
Your welcome man, hopefully you get your head around the whole thing here at Steem! It's quite a lot!
My opinion is Steem is Future crypto Very successful @clasictv
It truly is. I try to learn something new everyday. I am not doing great in it. But I am still plugging away at it all. I am not asking for upvotes are resteems unless you feel what I have written is worthy of such. But I would love input on any ways that I might improve what I am doing. also may I follow you ? I think I could learn a lot from you. But if find the time to look at where I am at with my post I would greatly appreciate it.
lots of people have explained the different components of the steem ecosystem. i recommend looking at @andrarchy's earlier posts.
That's actually how I got started on here. Way back. That guy did a phenomenal job of breaking it down. He was like the early @jerrybanfield. Whatever happened to him? He was pretty fun to watch. Why isn't he trending anymore?
Thanks for the answer, I had the same question.
My questions is, what was the answer, and what was the question?
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