__________     __ __     __  _______    ________
  / ____/ __ \   / // /    / / / /  _/ |  / / ____/
 / / __/ / / /  / // /_   / /_/ // / | | / / __/
/ /_/ / /_/ /  /__  __/  / __  // /  | |/ / /___
\____/\____/     /_/    /_/ /_/___/  |___/_____/

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

AM CONFUSED!

BY: @okehie | CREATED: Jan. 9, 2018, 1:51 p.m. | VOTES: 2 | PAYOUT: $0.04 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmQC5M7uR7WDfCaifT1LwYP4uJ8SrrU6H4RoqLUDZuxLnF/images%20(20).jpg]

All These dollar payouts made here, can someone please tell me the source.
I understand every other thing going on here, but the payouts................. Please help a brother! Thank you.

TAGS: [ #steem ] [ #steemiteducation ] [ #steem-network ]

Replies

@mazzle | Jan. 9, 2018, 1:52 p.m. | Votes: 1 | [ VOTE ]

What do you mean? The dollar payouts are from people who upvote the content. It isn’t money that is being physically sent to the person who made the post.

@okehie | Jan. 9, 2018, 2:10 p.m. | Votes: 0 | [ VOTE ]

If it isn't money, then what is it that is paid out after every seven days?

@mazzle | Jan. 9, 2018, 9:16 p.m. | Votes: 1 | [ VOTE ]

Ah I see. You receive Steem Backed Dollars (SBD) and Steem. Both are crypto currencies. These currencies can be converted to other crypto currencies or potentially sold for US or other countries dollars.

I personally convert my SBD to either Steem to “power up” my account or to bitcoin which I then plan to convert to the Australian dollar.

Make sense?

@okehie | Jan. 10, 2018, 12:04 a.m. | Votes: 0 | [ VOTE ]

Make sense indeed. Am kinda new here, am glad to have met someone like you

@mazzle | Jan. 10, 2018, 2:20 a.m. | Votes: 0 | [ VOTE ]

No problem at all. Feel free to ask anything if you need it.

Focus on creating original content and find some communities on here that suit your interests. This is a great platform and there are lots of opportunities here.

@okehie | Jan. 10, 2018, 6:52 a.m. | Votes: 0 | [ VOTE ]

So true

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