Everything is steem. Steem power, is steem invested in the platform through either reward, or powering up. It can only be withdrawn through powering down, which is done over 13 weeks, in equal installments. Steem dollars a liquid token, representing approximately $1US in Steem. They are given as half of the rewards, when you use the default setting. They can be sold on an exchange for dollars, or bitcoins, or, powered up into steem, or exchanged within steemit for whatever anyone wants to exchange for. One crypto currency, three different forms.
Everything is steem. Steem power, is steem invested in the platform through either reward, or powering up. It can only be withdrawn through powering down, which is done over 13 weeks, in equal installments. Steem dollars a liquid token, representing approximately $1US in Steem. They are given as half of the rewards, when you use the default setting. They can be sold on an exchange for dollars, or bitcoins, or, powered up into steem, or exchanged within steemit for whatever anyone wants to exchange for. One crypto currency, three different forms.
ahh gotcha .. thanks. ππ½