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RE: Anyone want to assist a Lady in understanding blockchain, bitcoins, steemit and more?
Wow! I don't know how long you have been on here, but it took me ages to understand all that. You have laid it out in a nice way; and I love the illustrations! :-)
The only thing I would correct is that, Steem Power is actually transferable between Steemit accounts; I saw a post on it the other day.
Looking forward to more of your pragmatic type posts, made light and fun with your illustrations :-)
Cg
Thanks @crytogee for reading through it all. I have not been on steemit very long, maybe three weeks. I read for like a week before I put it in this post. I will take another look at my understanding of steem and steem power. I may have misunderstood that part.
Do you have a link to that post? I would love to read it.
However, I did read that in order to transfer steem power from a steemit account, the account must be powered down first. Then it takes 2 years to turn it all back into steem, then it can be traded, or transfered. When buying steem power, a message is displayed that warns the buyer that steem power is non-transferable and non-tradeable. That is the page that I took my information from. I would post a link, but there is no link for it. It is a pop-up window that shows when you click on the 'buy steem power' button on the main steemit page.
If the rules have changed, that page does not reflect it and I would love to know or read about someone who has successfully transfered steem power.
Thank you again for taking the time to reply. I appreciate you doing that. Much love friend!
#thedoglady