Viewing a response to: @fat-like-buddha/re-jenkinrocket-re-stellabelle-re-alexgr-re-stellabelle-why-it-s-always-high-school-in-steemit-20161024t233837721z
This is because people don't understand the economy of Steem. The base payouts are measured in Steem Dollars, not Steem. One Steem Dollar will always be near One Dollar (USD). So mostly it just means that payouts will involve more Steem. I plan to do a post on this, but haven't had time yet. Soon.
| post_id | 1,239,517 |
|---|---|
| author | jenkinrocket |
| permlink | re-fat-like-buddha-re-jenkinrocket-re-stellabelle-re-alexgr-re-stellabelle-why-it-s-always-high-school-in-steemit-20161025t000444465z |
| category | steemit |
| json_metadata | "{"tags": ["steemit"]}" |
| created | 2016-10-25 00:04:57 |
| last_update | 2016-10-25 00:04:57 |
| depth | 5 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2016-11-25 00:58:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 298 |
| author_reputation | 25,572,770,303,018 |
| root_title | "Why It's Always High School In Steemit" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |