1 PLATFORM 3 COINS
On Steem there are 3 coins:
STEEM
STEEM DOLLARS
STEEM POWER
Let's try to understand what they are, and what they are for in a clear and concise way.
1 PLATFORM 3 COINS
On Steem there are 3 coins:
STEEM
STEEM DOLLARS
STEEM POWER
Let's try to understand what they are, and what they are for in a clear and concise way.
STEEM
STEEMs allow the whole Steem system to work. They have their value determined on the market, they are highly volatile (therefore strongly subject to market fluctuations), it is not intended to be used for commercial purposes (for purchases of goods or services) but to be traded on the market with other currencies for speculative.
STEEMs can be exchanged in fact, either on the domestic market or on the various exchanges like blocktrades, bittrex, etc.
STEEM DOLLARS
STEEM DOLLARS are the main currency of the Steem ecosystem.
In theory the STEEM DOLLAR should be anchored to the dollar, and assume the same value as the latter. No matter how much you appreciate or depreciate STEEM, thanks to STEEM DOLLAR you can always exchange 1 STEEM DOLLAR for at least 1 US Dollar. However, in practice it has been seen that STEEM DOLLAR (also called SD or SBD - steem backed dollars) can take on much higher values. What is important to understand is that STEEM DOLLAR is a stable currency, or better to say "protected", its assessment should never break down the minimum price (floor) of $ 1.
Note: The rewards of the Steemit posts are quantified in STEEM DOLLAR.
STEEM DOLLARS can also be traded either on the domestic market or on various exchanges such as blocktrades, bittrex, etc.
STEEM POWER
STEEM POWER is a long-term investment. The value of each unit of STEEM POWER is equivalent to that of a STEEM. The more STEEM POWER you have the greater the value of your vote.
STEEM POWER is bound, you can not use it for outgoing transactions or exchanges. Withdrawal is allowed with a procedure called Power Down through which it will be possible to withdraw 1/13 (one thirteenth) of the entire amount per week for 13 weeks.
Thanks to this procedure, STEEM POWER represents the best and safest way to accumulate funds, since even in the case of a hacked account, there would be more time to repair.
STEEM
STEEMs allow the whole Steem system to work. They have their value determined on the market, they are highly volatile (therefore strongly subject to market fluctuations), it is not intended to be used for commercial purposes (for purchases of goods or services) but to be traded on the market with other currencies for speculative.
STEEMs can be exchanged in fact, either on the domestic market or on the various exchanges like blocktrades, bittrex, etc.
STEEM DOLLARS
STEEM DOLLARS are the main currency of the Steem ecosystem.
In theory the STEEM DOLLAR should be anchored to the dollar, and assume the same value as the latter. No matter how much you appreciate or depreciate STEEM, thanks to STEEM DOLLAR you can always exchange 1 STEEM DOLLAR for at least 1 US Dollar. However, in practice it has been seen that STEEM DOLLAR (also called SD or SBD - steem backed dollars) can take on much higher values. What is important to understand is that STEEM DOLLAR is a stable currency, or better to say "protected", its assessment should never break down the minimum price (floor) of $ 1.
Note: The rewards of the Steemit posts are quantified in STEEM DOLLAR.
STEEM DOLLARS can also be traded either on the domestic market or on various exchanges such as blocktrades, bittrex, etc.
STEEM POWER
STEEM POWER is a long-term investment. The value of each unit of STEEM POWER is equivalent to that of a STEEM. The more STEEM POWER you have the greater the value of your vote.
STEEM POWER is bound, you can not use it for outgoing transactions or exchanges. Withdrawal is allowed with a procedure called Power Down through which it will be possible to withdraw 1/13 (one thirteenth) of the entire amount per week for 13 weeks.
Thanks to this procedure, STEEM POWER represents the best and safest way to accumulate funds, since even in the case of a hacked account, there would be more time to repair.
RELATED ARGUMENTS:
THE INTERNAL MARKET, THIS UNKNOWN
https://steemit.com/ita/@thenightflier/il-market-interno-questo-sconosciuto
STEEMIT'S REWARDS AND THE CHOICE BETWEEN POWER UP AND 50/50
https://steemit.com/ita/@thenightflier/le-ricompense-di-steemit-e-la-scelta-tra-power-up-100-e-50-50
QUESTION TO THE QUESTIONS: FROM WHERE THE STEEM FUNDS ARE PROVIDED
https://steemit.com/ita/@thenightflier/la-domanda-delle-domande-da-dove-provengono-i-fondi-di-steem