A short little blurb to point out the benefits of using Steemit as a savings account.
Spending sometime in my Steem wallet late last night, I never noticed the APR(annual percentage rate) interest on the steemit dollar held in my account is 10%, no bank offers this savings rate.
Many of us can agree the banking system is completely corrupt, the big ponzi scheme in the world! Hence crypto-currency is born. Anywhooooooo, I like the idea of being able to travel, buy groceries and many other things, so naturally, any way to make my money grow is very appealing to me.
Looking into the five big banks in Canada, I can see they all offer the same low interest rates. These rates as far as I can tell don't generate much profit. Let me point out, I'm in no way a financial guru and you should really look into this yourself, my opinion could be so way out in left field it could ruin your life! Okay, I'm a drama queen but seriously, it is only my observation and opinion!!!
Original images, Personal trainer, not financial advisor
.... with that cleared up, I added some pics of the particular banks. These are screenshots off of the actual bank websites and links will be attached to each set of photos.
So after much deliberation, I feel much more inclined to hold my money in Steem Dollars. Rock it out however you glorious individuals like but I feel pretty good about investing in Steem.
Please correct me if I am wrong and additional information relevent to this post!
Thank you for taking the time to read my blog! If you would like to continue to read my writings, please comment, upvote and share to keep them active :) <3 - Fit Mama
Steemit as a Savings Account? | Ecency
fitmama ·
تأثير الموسيقى على الصحة النفسية والجسدية How Music Affects Your Physical and Psychological Healthwilliam-1977 ·