RE: Just Tried to explain Steem to parents

You are viewing a single comment's thread from:

Just Tried to explain Steem to parents

in steem •  7 years ago 

ya pretty close, Most stocks if the company would go under. would get nothing. All the bond holders and creditors have first crack at the assests.

steem
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$10.68
  • Past Payouts $10.68
  • - Author $8.02
  • - Curators $2.67
2 votes
1
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  7 years ago 

    Ya exactly ~ with cryptocurrency's like Steem, BTC, LTC if you hold your private keys in my opinion way better then Gold/Silver/ and Stocks which are very hard to liquidate or spend more of a (hard asset store of value)...

    I have avoid (ico's and altcoins) these are more like funding businesses without any proof of concept- reminds me of the 90's with the Dotcom frenzy when any idea was an IPO... lol

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00