Hi again @michaelpinson
Yes, that is exactly what he is describing.
That is exactly like any company on the stock market in USA and that is how it works here on Steemit.
- Steem is the money.
- Steem power is the shares in the Steemit community (the comany that started this is steemit.inc). The Steemit community and steemit.inc are to different entities.
- Steem Dollar is the money that is pegged to the US dollar.
If you have money you can bye shares in a company and then you can vote on things in that comany. If you have more shares than another guy, your vote count for more than his. And like you can be paid in shares from a company, you can be paid in Steem Power here for a post or a comment.
If you do not want so much share in that company anymore you can go and sell them on an exchange and get money. In Steemit you will always get 1 STEEM for 1 Steem Power. If you want another currency you change them to another currency at market price. The same way you would change US dollar to Euro.
So now you learned something about Steemit today ;-)
Have a nice day again.
So you admit that those who buy steem power can bully others all they want with 100 times more voting power than the regular member....sounds like DC insiders who have the mutli national companies funding buying members of congress or how the Communist party works internally.....otherwise, you feel you have the right to bully people whom upset you in order to show them that you are in control by ruining their page, their ratings, their steem dollars on their articles all from this so called down voting that you abuse, and you think this is ethical???.....this was nothing more that a modern form of fascism to restrict free speech where you abused the purpose of the flag feature.....that is the reality check....the flag is not to be abused by downvoting....the flag is not to be used to crush free speech that in your personal opinion that you do not agree with....
Dear @michaelpinson
Yes I think it is very ethical that you do not get paid when you straight out lie. We are not talking about you having another viewpoint here. We are talking about that you made several lies about what is the fact about Steemit in your other posts.To lie is sometimes to restrict other peoples freedom and here on Steemit you have been misinforming new members about facts. The very rules on how Steemit works.
The guys that downvoted you did not have that much Steem Power. If they had been doing something wrong to you, I would have done something to them. If I had downvoted them they would have real problems.
You have only small problems here on Steemit. Take this as a warning: I do not like your straight out lies. This is not policing, but I will defend everybody here on Steemit and their right to be here and look at it and decide if they like it.
They also have the right to freedom and people not lying to them when they are new.
I wish you a fulfilling time here on Steemit!
Just because you claim this, does not make it true....nobody lied, but the reality check is that you disagreed with the article so now you are running off the scale of reality....bullying free speech and beating up new users is not the way to go.....calling people names and being rude is wrong....
Well, in America, we still believe in free speech and find rudeness unacceptable....in America we do not support Indoctrination or beat people up and call them names.....have a nice day....
Dear @michaelpinson
How was it when you spent time in prison?
Am i lying or is it free speech?
Grow up....and move on....
Thanks but I am tired for the day....Lies? no...with 30 years experience as a stock analyst and business guy, I have a pretty good idea what is going on here.....I have also met face to face where people have told me about how to make money in these Bitcoin and currency schemes but dont be the last one standing....shameful....the problem is there is no free speech either in steemit...I have already posted about this and how this is well documented....the founders of steemit will need to change their model or frankly, it will fail quickly........down voting is wrong...and also fascist where the minority with the power can control what the majority say and do....in America that is called fascism....the model will not work long term....unless changed