SUMMARY: I understand to be saying, you get paid in SBD and can recieve 10% annual interest on it. You can buy products in the STEEM Market Place with SBD or pay to promote your content in the promotion section. If you want to receive money for your SBD, or invest in the STEEM crypto currency that is traded on the exchanges, you must convert it to STEEM. If you want to Power Up, since it's the only way to receive 90% interest or value on the SBD you have to first convert the SBD into STEEM and then convert it into STEEM Power by powering up. You can also withdraw SBD as real hard cash you can touch, by converting SBD into STEEM and then withdrawing it to poloniex where you convert it to bitcoin and then withdraw to Payza or Paypal, or your bank etc...
I am 99% certain this is what he was trying to say.
NOW HERE IS MY QUESTION.
AFTER 7 DAYS, DO WE NO LONGER ACCRUE EARNINGS ON OUR CONTENT?
DOES THE SAME APPLY TO THIS COMMENT IF I POSTED IT JUST NOW BUT THIS POST WAS POSTED 11 MONTHS AGO?
If it's true, that you no longer receive money on content more than 7 days old, then that will be the tragic flaw of Steemit, or the entry point for a competitor.
People will not produce long lasting high quality evergreen content, but quick timely content they know can run good for 7 days.
I hope that is not the case, but even if it is, it just means Steemit is more supplement and less disrupt.
RE: Still Confused by Steem, Steem Dollars, and Steem Power? The Power Plant Analogy