Thanks for this post, it was easy to follow even for a complete newbie like myself. When a friend convinced me to join Steemit I had no idea how complicated it was to turn Steem and SBD into USD, and he told me that I can expect 40-50% lost to commissions and conversion fees, which is why I'm just banking my Steem, since I'd rather have stronger upvotes than lose half the money for my blog posts. Hearing about this project would have convinced me to join Steemit sooner. Anyway, thanks for the post and the helpful info! :)