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RE: Steemit UPDATE This Tuesday 20th! Explained in Simple Words⚠️HF19⚠️

in #steem7 years ago

Let me break it down just for you :)

For you to make actual money Upvoting is not enough.
You Can get 1000 Upvotes, but if no one out of 1000 has any Steem Power you will make $0


Or you can have 1 Full power Upvote from a Millionaire Steemian you will make $20-$40.

It depends who is upvoting you and how much Steem Power(Steem Power is a currency = Money in the wallet)

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Wow! Thanks. I thought STEEM was a token, a crypto currency and STEEM POWER was also denominated in STEEM tokens but STEEM POWER was less liquid. To actually move from STEEM POWER to liquid STEEM took 3 months and the process was called powering down. I can increase my STEEM POWER by investng BTC and/or by having my posts nd comments upvoted. That's basically all I know, or think I know.

I am going to love the post that you have linked, just for me and other uninformed or misinformed folk.

Thanks so much, @adil