Too many people confuse Steem, Steemit, Steem Power & Steem Dollars so it is time that someone explains again what the differences are.
I recommend everyone to read the complete Steemit FAQ, by the way, it is a fountain of knowledge!
Steem
Steem is the blockchain technology and it also a cryptocurrency.
You can convert the Steem currency to Steem power, trade it for other Cryptocurrencies, sell it or buy more of it.
Steemit
Steemit is the website here! Steemit is not a cryptocurrency.
Steemit is this website where you are all posting your comments and articles on.
Steem Power
You can buy Steem Power, you can buy delegations (rented Steem Power) and it is used to upvote things.
You get Steem Power for all your comments and posts that have received upvotes.
Steem Dollars
Steem Dollars is the second cryptocurrency which you can trade for other cryptocurrencies, buy more of or sell.
Unlike Steem you also get Steem Dollars for every comment and post that has received an upvote.
Summary
This a simple explanation of Steem, Steemit, Steem Power & Steem Dollars.
If you still have more questions about these terms then simply write your questions into the comments and I will answer them as soon as possible.
Sometimes I also answer such questions in the forms of posts, if I do so you will have to wait for your answer.
In that case, I recommend that you use Google.
And that's already it for today! Make sure you join my new Steem School Discord server to meet other people that want to learn more about Steem & Steemit!
Get More & Higher Upvotes: Steemfollower
Convert your Bitcoin to EUR/USD (Europe): Wirex
SteemSchool Discord Community: Discord
Man you are back again with another video and getting closer to your goal.
You know what consistency is the key and the way you are going, one day you gonna make it.
Steem dolla make yea holla !
Amazing video as always my friend. Dropping that Steemit knowledge. Thank you
Thank you Todd.
Like the way this is broken down!!!!!
Straight to the core.
Your explanations of the different facets of Steem, were quick and precise. Nice.
Enjoy!
You've schooled me again. Thanks!
Gotta share what you learned.
La explicación es excelente, brece y precisa, aclare mis dudas sobre el tema. éxitos.
Good post.
lik
That will clear up some common confusion.
Like for Like?
Tnk you for the FAQ. Its helps.
If you are actually looking for a mental happiness my page is your boon
Be sure you will find the psychological comfort of that I invite you to visit and follow-up, God willing
https://steemit.com/steemit/@anassmed/christ-in-the-eyes-of-muslims2
incredible post you guys.
So you're saying that instead of cashing out the steem we can convert it into more steem power which gives on more voting power. Am kinda new here and still trying to wrap my head around things
Hello everyone
I have uploaded some great and hilarious content on my channel and would be great if you check it out! :)
Nice video. Knowledge is power that's what they say .
Gracias por tú post. Soy nuevo y me ayudo
Ive been steem-ducated,thank you @valorforfreedom
Perfect! I was searching all over last night trying to find this information. You rock!
Thanks for the simple to understand video
It's been a few days since I've started uploading my videos here, you helped me a ton with your videos, I don't need to search for the info anywhere else ) love your explanations!