Steemit Analysis And Review

I new about steemit.com some few days ago after seeing members of redditers post a link to coindesk saying how steemit members has grown to 1600% (One Thousand Six Hundred Percent) in size since they one.

With such increase in membership in my dictionary it's impressive. After going through steemit white paper I could only see really good stuff. This is a social media platform which has been integrated with cryptocurrency all members need to do is make a post and they get paid.

Steem dollar is the currency which used to pay content creators this to me is a game changer unlike bitcoin. Steemit is a complete new social media platform were members decides how much information about themselves they want to reveal to the public. Unlike facebook which reveal some of their members personal information which make adverts on facebook looks very much targeted.

If you are wondering how to cash your money on steemit sweat no more. The way it works is that you get paid in steem, you then can convert to bitcoin at blocktradesand of cause transfer to your individual bitcoin wallet. You also have free access to the current exchange rate between steem and USD.

So far what I have leant from steemit is there noting to loose and all to gain so I would say why not hoop in and start getting paid for your post you created.