RE: Do you actually get money from Steam, i.e. real money in your bank account ?
Yes you can get real money in your bank account. But as of now, it can't be done directly. Here is how I do it: (I have done this only once and that too for testing how the system works only)
So, first you need to make an account at Bittrex (www.bittrex.com). Bittrex is an exchange where you can convert your steem and steem dollars (not steem power) into Bitcoin. Bitcoin is yet another cryptocurrency just like steem and steem dollars.
Then once you have your bitcoins, you can convert them to USD or other paper currencies of the world and then transfer them to your bank account. THAT is done through a BITCOIN EXCHANGE. The biggest exchange by volume are at the moment Bitfinex for USD and Kraken / Bitstamp for EUR.
You can know more about this from this article:
https://steemit.com/steem/@riensen/how-to-convert-steem-to-usd-eur
Have a nice day! :)
Awesome! That was the best explanation i have read! Very straightforward and to the point, thanks!👍👌
You are most welcome! :)
Consider that link bookmarked. ;-)
happy to help :)
So if I upvote your post, does it take from MY balance?
Jessie
No, it doesn't. The money is given by the Steem blockchain.