@bhuz: I read both posts, but don't completely understand. Are you cashing out steem and sending it to your favorite contributors instead of simply voting on their posts?
@bhuz: I read both posts, but don't completely understand. Are you cashing out steem and sending it to your favorite contributors instead of simply voting on their posts?
Hi firebat,
When I speak about Contributors in these posts, I mainly refer to developers. This means:
Plus, the idea is to reward those who are not rewarded by the system itself, for any reason it may be.
The meaning I give to "cashing out" is "sell for usd" (or btc)...
I am not cashing out steem.
I am not selling steem either.
I am simply powering down my own Steem Power (non liquid token) to receive Steem (liquid token) and be able to transfer them.
(Once I have Steem I actually can distribute them both as Steem or Steem Power, preventing any immediate sell of the reward and encouraging a long time participation into steem/steemit)