How Steem Currency Works in Simple Words??
Hi Fellow Steemian
Read carefully thru this Short Post and you will Understand how Exactly steem works.
I will keep the answer as short as humanly possible and to the point.
Let's Look into a wallet: 
Using @JerryBanfield's Wallet for an example hope he doesn't mind.
Steem
Steem Power
Steem Dollar
How it works?
You only can turn Steem into real money
You can turn Steem power, within 13 payments throughout 3 months of time into Steem(that you can later turn into cash)
When you want to cash steem you transfer Steem into Bitcoin and transfer Bitcoin into real money.
🅲🆁🅸🆃🅸🅲🅰🅻 🅿🅾🅸🅽🆃 Steem Power Grows in value as Steem Coin value Grows on the Market.
More Steem Power you have More power you will have Within the Steemit community. Your Upvote will earn other people more money than a newbie's Upvote depending on how much Power you have.
Jerry's Upvote will be worth around $2, newbies upvote = $0-$0.01.
It's a lot more valueable for you if Jerry follows you which means potential Upvotes from him in future($0.5-$5 per 1 Upvote) than if a newbie follows you and brings potential $0-0.01 Upvotes since he does not have Power yet.
So where the heck should You keep your steem moneyz?
Answer: Steem Power. Why? Because Steem Power will grow as Steems Market Cap goes up. If you have $20 in Steem power today, 1 year from now that 20 will be worth $100-$200 (depending on how fast Steemit value will go up)
Just take a look at what the most successful Steemians are doing.
Jerry keeps his moneyz in steem power
@trafalgar keeps his money on Steem Power.
I can give you a ton more examples but that's not the point.
Conclusion. Don't overthink it. Focus on making as much Steem Power as possible and hold it until steemit value skyrockets, and you are rich.
Now you Understand Steemit. Please Upvote if you Found this Valuable!
Liked ur post, Look into my last post to get a active follower base !
https://steemit.com/steemit/@pistox/how-to-get-more-followers-on-steemit-the-following-ladder-wanna-have-active-followers-then-look-into-this-post
Really, I'm starting to sound like fanboi to you by now, but in my defense there are a couple of other people I am also very proud to know, whom I also heavily support. I just have to say, I thought I was a fairly pro minnow, but you are just killin' it man! Seriously. Raising the bar to role model status here on steem. Wow.
I didn't even know I was doing that good. Your words are building up my self esteem, Helps me to stay focused and keep working! Thank you for being a motivation! :)
Thank YOU for being an inspiration!
Steemit MONEY making strategy and TRICK.......it's kind of HACK steemit https://steemit.com/security/@kaiju/steemit-money-making-strategy-and-trick-it-s-kind-of-hack-steemit
.....#thanks inspire by @jerrybanfield
Good articles,I follow you
Really appreciated your words man. Newbies should learn from this. Even i was unclear about this, Thanks for making me too understand about what the steemit is. I am also a starter, doing my best to make good rewards on steemit. It would be real helpful, if you keep posting, about more strategies and better way of using steemit, like
steemit for dummies......
Feeling so grateful due to steemit and its power, that we from different parts of world are getting active helping each other. Money doesn't worth more, but a connection with anonymous person who is always trying to help each other and getting a change to share any views to people.
Many many thanks for steemit.....
I am actively following you :) and hope for cool posts from your side...
Thanks a lot! I will surely post a lot more :)