Here's the most recent podcast that we did about SteemIt over on The Hustle & Flowchart Podcast. This is a repost of the shownotes from our main blog.
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets.
Cryptocurrencies make it easier to transfer funds between two parties in a transaction; these transfers are facilitated through the use of public and private keys for security purposes. These fund transfers are done with minimal processing fees, allowing users to avoid the steep fees charged by most banks and financial institutions for wire transfers.
On today’s show, Matt and Joe will be riding solo or is it in tandem? There is no guest on this episode. They will discuss Matt’s experiments with blockchain, trading, and how to earn some cryptocurrency using the blogging platform steemit.
“Your content can be postings or commenting along with all the interaction modes and get paid for it.”
Some topics that were discussed include:
- What is SteemIt?
- What we learned from Michael Taggart about earning free coins
- Differences between SteemIt and Reddit
- Some rules of thumb for posting in comments
- What are Steem dollars and Steem Power and how to earn them
- Converting Steem Dollars
- 3 Things you can do with Steem Dollars
- Being a powerful Curator from day one
- Powering up and powering down
- 3 ways to get approved on SteemIt
- Matt and Joe’s experience in signing up
- How to create a completely anonymous SteemIt account
- The first step once you have a SteemIt account
- How to start building a following
- How to introduce yourself in an effective way
- Matt’s testing process
- How to start earning using SteemIt
- And much more
Hopefully you're enjoying these podcast episodes! We'd love your feedback and questions. Also, if you know someone that would make a great fit for the show, please let us know!
Enjoy,
Matt Wolfe