What I understand about this site is as under;

in steemit •  4 years ago 

Steemit drive by gratifying public for publishing valuable content. Once you post, other people upvote your post, and you are pleased with STEEM Dollars. You can in turn trade these for Bitcoin or Ethereum.
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4 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

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