Many of you may see a $ amount of money beside a post. There have been posts about this before but I feel I can explain it in a way that people who don’t know about crypto or steem at all can understand. (Also please correct me if I am wrong).
Say you make a post and it gets $100 next to it-
After 24hours, half of this can be turned into actual monete (so $50) and the other half can be “reinvested” to increase the power you have on the site. For instance you will have more power when voting,commenting and posting.
I hope I helped someone I just never understood this and always felt it needed a simple explanation for some people. Thank you and again correct me if I’m wrong.