I clicked on "Power Down", and was confused and daunted by what I saw.
I know that you can't just 'take it out' that it will come in installments, but
Come from where TO where? will it go back into my bank (SBD?)
If so, why can't I convert SBD in small increments as well?
Thanks for your reply @woodywood143
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I just looked at your wallet, if you PWD now you will get 58.23 STEEM a week, That will show up in your wallet where you now have 2.00 steem.
You can Convert STEEM back to SBD in the Internal Market. Click the dropdown next to STEEM and click market
So if Steemit folds during that 13 week period where I'm getting $58.23 a week, everything I have that hasn't been returned to me will also disappear.
Shades of Tsu all over again.
Theres a lot bigger picture here than TSU. STEEM and SBD are both listed on Worldwide Coin Exchanges as Crypto currency. While TSU was owned by one Person (centralised) Steemit and all the apps and blockchain are run by over 1450+ witness servers. (decentralized) It would probably take a global power outage to bring this down.
If STEEMIT the web page fails just go to https://busy.org/ and post same thing as here just different layout. I started my Powerdown 7 weeks ago
I have a busy account.