You are viewing a single comment's thread from:

RE: NEED HELP|| WHAT IS STEEM POWER,STEEM DOLLAR,SBD?? Whatsapp Given!

in #steemit7 years ago

Hi @saadijaz SBD is Steem dollar, its the currency here at steemit that you can convert in real money if you sell it. you can earn by upvotes.. im new here also im giving you upvotes. :D so you can see your post value also got high..

Sort:  

Okay thank you I hope it helps :) Please resteem it also i will do same :)

@saadijaz its my first resteem here.. hahaa hope you can do the same favor also on my first post check out my https://steemit.com/@cedxee

but how is it created? why does the fact something gets so many likes give it actual monetary value?

@loz .. I'm also speculating about how its work.. i just think its the same as bitcoin.. it comes out of thin air. the new SBD is created by community post, comment and votes, .

perhaps they nick some of our procesing power to mine coins?