I need help...

in steemit •  7 years ago 

bitcoins.jpg

I have been reading some posts, but I still do not understand what this means from the SBD, steem power, and steem dollars.

Correct me if I'm wrong.

SBD = It is the money they have transferred
Steem power = Reputation in the community
Steem Dollars = Money collected.

I do not know if it is so help me please

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Sort Order:  
  • SBD = STEEM backed Dollar a SBD "should" be ever worth around 1$ the only good use for it I found is to pay for Bots
  • STEEM is used to Powerup or to trade in other cryptocurrencies
  • SP = STEEMpower = Uppowered or earned STEEM which increase your influence and the worth of your Vote. If you want to Powerdown it takes 3 months change back from STEEMpower to STEEM
    For more details look into the FAQ at https://steemit.com/faq.html

Thank you very much my friend, thank you for asking me