RE: Steem Power delegations available again from BlockTrades

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Steem Power delegations available again from BlockTrades

in blocktrades •  7 years ago 

So its basically credit. ....So im taking loans on the blockchain now? smh

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No, it's not credit, you can't "spend" it. It's more like leasing an apartment instead of buying it. You get the utility at a cheaper cost, but you don't have it long term.