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RE: Thinking Out The Box: Curation Rewards
It would certainly keep things a lot simpler and easier to explain to people starting out on Steemit. Keeping 100% of your own rewards for your own hard work. There is definitely something in that.
I thought the same. Keeping it simple is never a bad thing. And some suggestions to give more to curation rewards just made me think how will that solve anything??
Pitching steemit will be way easier..but then we don't include curation nyways.
Yeah, I usually leave out the curation rewards when I talk about Steemit. Makes it even more complicated, next to explaining how not all votes are equal :-)
Nah..we don't go that far! Their interest usually stays where there are earnings if theyre quality posts..explaining how to make quality posts is much better😃
Very true!
Yep..stick to that unless it's a day talk lolsss
It would be one less thing to explain for sure. The times I have seen eyes glaze over when saying, well no, your rewards is actually 75% of what a post makes and half of that is in SBD and half in steem... Etc etc...
we don't even go that far ahead with Steemit Philippines. We just emphasized that there is a platform that pays for quality posts that get voted when liked, compared to other social medias.
Explaining SP is even harder..no one can't imagine having stocks when uploading selfies😅
Haha, I started keeping it to a minimum as well. It works best. Steem power is definitely a tricky one for newbs!!
My friends lost interest so i've learnt not to mention it. Haggis!!!!
Never mention the haggis. That way lies madness!
Even Mel Gibson liked it..and he got worst🤣
Not necessarily. Or to be more precise: Not at all. You can choose "Power Up 100%".
If you choose that, you obviously get all the rewards in Steem Power.
In the case of the Default setting (50% / 50%), you get half of the rewards in Steem Dollars (SBD) and Steem Power (SP). So you actually don't get Steem, but Steem Power.
Steem Power and Steem is two different things, yet still the same. I mean you can convert Steem Power to Steem in 1:1, but that's takes time. You can also convert Steem to Steem power in 1:1 ratio and that's instant.
If you like to convert Steem Power to Steem, you need to do a power down. A Power Down is currently takes 13 weeks. You choose how much Steem Power would you like to convert to Steem and according to the FAQ, you will receive equal distributions of the STEEM weekly, over a 13 week period.
So the things is currently even more complicated than your explanation.
Hehe, yes. That is correct and well done for explaining how it all works. Try explaining that to someone about to join.
The bit you quoted from was me imagining a conversation, not really starting exactly the way it worked :0)