This article makes no sense at all. Investers are going to invest in a "virtual currency" at the same time it is going to be given away for free? Not trying to be a downer on this system. I'm just trying to understand this whole steem currency.
Secondly, even though it is a virtual or crypto currency, it is still a currency. Convertable to U.S. dollars. I admit, I just do not get it.
I also see a major crash coming in this currency. When something rises to fast, it comes down just as fast. Thats just a common investing rule. It looks like it is on a rocket ship going straight up. That is a red flag.
This article makes no sense at all. Investers are going to invest in a "virtual currency" at the same time it is going to be given away for free? Not trying to be a downer on this system. I'm just trying to understand this whole steem currency.
Secondly, even though it is a virtual or crypto currency, it is still a currency. Convertable to U.S. dollars. I admit, I just do not get it.
I also see a major crash coming in this currency. When something rises to fast, it comes down just as fast. Thats just a common investing rule. It looks like it is on a rocket ship going straight up. That is a red flag.
You have to put effort into making income from blogging. It's not "free money".
As for the few $$$ worth of steem power in new accounts, these cannot be withdrawn.