At a point in history, trade by barta was the major means of exchange. But thanks to technology, paper money was introduced and now, digital money.
Steemit and Cryptocurrency are two realities with positive influences on individuals and the business world. Steemit offers people the opportunity to write and get paid while cryptocurrency makes transactions easier.
Steemit is a plafform that rewards creativity. It offers its members the forum to express themselves through writing.
I was reluctant when I heard about steemit because of my many experiences with other platforms that were not real. But after a while, I decided to give it a trial.
Steemit is a platform where people are paid for thier posts. This payment is real and authentic and it requires no monetary involvement.
This payment on steemit is based on ones contributions ranging from writing, to commenting and upvoting.
At my initial stage on steemit, I was discouraged because of the little attention my posts got. But with time and much work, my posts started gaining upvotes and comments.
After some weeks, I got a good amount of sbd which I sold on the airhwak sbd exchange group and immediately, I got my money in naira.
On the other hand, steemit would not have been possibe if not for cryptocurrency. It is through the aid of cryptocurrency that steem dollars can be converted to other currencies. What then is cryptocurrency?
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Cryptocurrency is digital money or asset which uses cryptography (codes) for its security and privacy. It is a digital currency.
Cryptocurrency cannot be forged because of its codefication. It cannot be manipulated bacause it has no central control.
Bitcoin was the first cryptocurrency launched in 2009 by Pseudonym Satoshi Nakamoto. Other cryptocurrencies like litecoin, namecoin, peercoin, e.t.c. also emerged.
Cryptocurrency is a digital medium of exchange which uses cryptography to secure it's transactions. The legal statues of cryptocurrency varries from country to country. While some have allowed the use of cryptocurrency as a means for trade, others are yet to.
A special thanks to the steemit family, cryptocurrency and all those contributing to the success of the steemit platform. Steemit and cryptocurrency have come to stay, let us embrace them.
Na so boss... . wish i had started earlier
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