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RE: Introducing Steem Power Backed Smart Media Tokens

in #steem6 years ago

Ausbit bro, i used to be on the point of return get you... I've done the mathematics here some of times, i would like an area calculator or one thing. this can be not adding up, or we have a tendency to square measure murdering synchronic linguistics.

Right? i am not making an attempt to be unfair. i am serious... This doesn't add up.

Edit.-

I think I simply understood it.... once he says a thousand Steem gets to ten thousand Steem per day... he's primarily stating that he would upvote you back with the equivalent of associate account tha t is holding 10k of steem power.

For those that would possibly scan this... these days as i am writing:

You would offer Jerry a thousand Steem Power, send him to his billfold, he would "promise" as a result of there's no good contract, no actual thanks to enforce this. to upvote you back per day concerning $1.53 SBD per day. (this is presently the quantity, however in fact this can be conditional the value of steem).

That means, that in a very week, together with your a thousand Steem that you simply sent to Jerry you'd be obtaining back $15.3 SBD. (this might go up and down looking on the value of steem, keep this in mind)

In a month $61.2 SBD
So, if anyone is obtaining confused, the phrasing isn't terribly user friendly. he's "promising" to vote you back, and at this time in time is nothing quite a promise.

So, lets be utterly honest concerning this.

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