POWERING DOWN Lesson Learned the Hard Way
So today i found myself in crisis mode when the power down eclipsed 7 days today and only got a fraction of the amount. I had never researched or even powered down before so today it caught me by surprise.
Apparently a while back it would have taken you 104 weeks to fully power down all the amount on your STEEM POWER! How that was arrived at i have no clue.
104 WEEKS IS 2 YEARS!
But now i read it takes 3 months to withdraw all steem power. Personally i just wanted like 100 STEEM to add to my BTC and pay some bills but to my surprise i couldn't even get ¼ of 100 STEEM.
I know this feature is supposed to play a specific role but i would also love to see a post being able to be paid in 100% SBD so atleast i can have money in times of emergency. Not everyone lives in a developed country here on steemit and some of us steemit is not a long term investment but a place to get our daily bread.
I should have done my homework a while back now i have to hustle the cash somewhere else. Hope if you're a newbie you've learned something.