Just curious, what is this "merits" is all about? I just saw it when reading some post on the forum. And I thought all of us have this. Does anyone what "merit" represent? I have a 100 merits.
You have 100 Merits because of your current rank. You have also spendable Merits, separately. Spendable Merits (sMerits) are for giving them out to others, who create quality posts. At the beginning you have less sMerits (half or less) then your current Merits.
If you check the above quoted post from exus
https://bitcointalk.org/index.php?topic=2818350.msg28908116#msg28908116 which contains infographic of the Merit system, you can see that members of the forum found the post useful and gave some of their spendable Merits to exus.
Giving out spendable Merits doesn't decrease your Merits at all.
If you create useful posts people will hopefully start giving you Merits and this can also increase your spendable Merits (each received Merit increases your spendable merits by 0,5 sMerit).