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RE: There are no dumb questions. Ask Anything you want to know about Steem Blockchain.

in #steem7 years ago

Thank you for the post..can u assit me for knowing how the monetary works or how to convert the steem into currency and what is the no along with the name and why are my post not getting proper views

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You have asked multiple questions there. Let me try to answer them.

  1. In Steem blockchain new coins are created regularly. The coins newly created form the rewards pool. The rewards pool is distributed amongst content creators, content curators, SP holders and witnesses. The easiest way for you to earn rewards will be by adding meaningful comments on popular content, upvoting good content that you come across and then creating content. If you have some spare money you can buy steem and power up.

  2. You can transfer your steem to any exchange and then you can convert it to bitcoin or Fiat currency.

  3. The number beside your name is called reputation. You can increase your reputation by being active on the portal and adding value to the portal. Higher reputation will give you multiple benefits like authenticity to your account, more followers and more interaction on your posts.

  4. Until you create a good number followers and an interactive community for your blog, it is difficult to get views. Checkout https://steemit.com/steem/@steemladder/there-are-no-dumb-questions-ask-anything-you-want-to-know-about-steem-blockchain#@steemladder/re-fer420-re-steemladder-there-are-no-dumb-questions-ask-anything-you-want-to-know-about-steem-blockchain-20180223t114902193z for some ideas.

Thank you for assisting me and can u assist me one more time of how to convert the steem power into sbd

There is a process of powering down in which your steempower will be converted to Steem. Then you can convert your steem to SBD from market.