Hello from India. I am an adsense publisher as well a bitcoiner. I am regular at various Startup, Entrepreneurship and Blogging related meetups in India. Most of the people I meet are well versed with ad earning through web publishing, but not so much into cryptocurrency. I tried to discuss bitcoin with them before, but somehow it did not ignite them much. Recently, in a few meetup, I casually mentioned Steem to them and explained how people are earning Steem dollar just by blogging. Something sparked! To my surprise, I found more & more people are coming to me and enquiring about Steem. It appeared, that after learning about Steem from me, they opened an account at steemit.com within a few minute and little confused about few terminologies. The main questions are...
i. What are the three balances in wallet, i.e. Steem, Steem Power and Steem Dollars ?
ii. How to convert blog earning to INR ?
I am also learning about this platform and tried to explain them at my best. Hopefully, people here will also help me to explain things better...
Welcome!
About currencies and rewards: https://steemit.com/steem/@sictransitgloria/recommended-for-beginners-steem-currencies-and-rewards-sum-up-1-min-read-update-0-12-2-26-july-2016
About privacy for newbies: https://steemit.com/newbies/@sictransitgloria/recommended-for-beginners-think-carefully-before-posting-personal-information-the-blockchain-cannot-be-erased-and-can-be-seen-by
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These are awesome informative article. It seems, only Steem Dollars can be converted to Steem. To convert Steem Power to Steem, one needs to wait 2 years. Is that correct ?
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Thanks! Yes, Correct.
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