RE: Newbie 1st Question: Who is paying?

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Newbie 1st Question: Who is paying?

in steemit •  7 years ago 

You are being payed by SteemIt or by the software behind steemit with votes.

Important to note here is that you are not being payed real money, you will get a Cryptocurrency that the software behind steemit can generate infinatly.

The money comes from selling this Cryptocurrency on the market like you would bitcoin, if someone pays you for the Cryptocurrency you get the money.

steemit
7 years ago by

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      ·  7 years ago 

    So Cryptocurrency is made out of nothing?

    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
    $0.30
    • Past Payouts $0.30
    • - Author $0.23
    • - Curators $0.07
    2 votes
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      ·  7 years ago 

    Jup you could create your own and give you 1.000.000 worth your currencie, but it is only worth as much as people are willing to pay

    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
    $0.30
    • Past Payouts $0.30
    • - Author $0.23
    • - Curators $0.07
    2 votes