steemitboard (66)in #steem • 6 years agoRE: How can Steemit back the Steem Dollars with US Dollars as promised?Congratulations @jukkamic! You received a personal award! Birthday! - You are on the Steem blockchain for 3 years! You can view your badges on your Steem Board and…steemitboard (66)in #steem • 8 years agoRE: How can Steemit back the Steem Dollars with US Dollars as promised?Congratulations @jukkamic! You have received a personal award! Happy Birthday - 1 Year Click on the badge to view your own Board of Honnor on SteemitBoard. For more…samupaha (66)in #steem • 9 years agoRE: How can Steemit back the Steem Dollars with US Dollars as promised?The mechanism how Steem Dollars are created is described in the whitepaper . I suggest that you read that first to get a better understanding how the system works.dantheman (73)in #steem • 9 years agoRE: Is there ever really any reason to downvote a post?Crabs downvote because that's what crabs do. Their incentive is the good feeling they get when they stop someone else from getting something undeserved. The Story of the Crab…dantheman (73)in #steem • 9 years agoRE: How can Steemit back the Steem Dollars with US Dollars as promised?Steemit does not back Steem Dollars and never promised to back them. Steem Dollars are backed by the blockchains ability to create new Steem. Those who hold Steem Dollars are…clains (68)in #steem • 9 years agoRE: Is there ever really any reason to downvote a post?Whales want the platform to succeed, so they'll downvote content that they think lowers the value of the platform. Here's an example . :Dned (69)in #steem • 9 years agoRE: How can Steemit back the Steem Dollars with US Dollars as promised?Thanks for your question. The short answer is that Steemit does not back the value of Steem Dollars. To illustrate that Steemit and Steem are separate, it's worth seeing that…pharesim (73)in #steem • 9 years agoRE: Is there ever really any reason to downvote a post?I don't need monetary incentive to downvote spam. I don't want to see that stuff on here, that's enough for a reason.