Thank you! I really appreciate you taking the time to explain this so clearly.

I just joined yesterday and as such this was very helpful.
To be honest I'm not expecting to really earn much at all, I just love the extremely creative ways people are using crypto currencies to change things and think there is real potential to turn a lot of old ideas on their heads.
When I read about steemit I thought that this would surely be a great place to learn more about crypto in general, and so far that has been true.
This really seems like a great community.