What is steemit and how it works

in steemit •  7 years ago 

We're trying to break all the frontiers to make blockchain mainstream and it looks like we're making a good job. When I say we it's because putting up content and educating people about blockchain technology, we all take another step closer to get our freedom back from government and all the centralized institutions that make us a sitting duck.

Steemit is a big opportunity to engage comum people into blockchain and create new methods of income to everybody. Hope that my content gets to the eyes of as much people as possible and who ever is reading and watching my content can help by spreading this idea.

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Thanks for the tuto on youtube bro!
Just to clarify,the whitepaper is outdated. Steem inflation is not 100% per year anymore, it's around 10% and gradually going down for the next 20 years.
Power down period is also not 104 weeks but 13 weeks.

Rewarding users is not an end in itself, the real goal of steem is to bootstrap a currency that people use in the real world, which is why people are incentivized to hold their steem. Soon you will be able to buy many thing with steem but we are still early in developement

Great!!!! thanks a lot for the feedback!! Really think that steemit can change the way people make money and payments.... Blockchain is the greatest thing that ever happened for a long time in human history.

  ·  7 years ago Reveal Comment