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I'm new to steem, what does this mean?

Basically you should know steem is a platform where you can earn money. first it has a social platform that you are on now. by just sharing your stories you get paid. second is that it has a digital coins like bitcoins ... the currency is called steem which is a hot cake investment for the wise. You can buy some steem keep it in your wallet and hope each of those steems value at $10 in 7 months. just like bitcoins steem can also be converted to dollars and later cash. To know more about steem check the F.A.Q menu

Yes the news is true

Yes the news is true