I am highly confused.
The steem-bounty account has no RC. So I decided to power up some SP. To my dismay this had no effect at all.
Seriously?!? I just powered up $1000 and I cant even transact?
That goes against every basic concept of how Vest are supposed to work. You are to be able to buy more rights to use the network buy powering up.
How are new accounts supposed to do anything if they can‘t even be created and powered.
Are we supposed to create an account and then wait 5 days before we can do anything or if we run out of resources have to wait a week every time before we can use this account again?
Can someone explain how this new system works and why it makes any sense at all?