Benjamin Franklin quote, plus My Actifit Report Card: November 25 2019

Today's activity: I felt very stiff today after my 30 kms trail run in Canberra yesterday. I scraped past the 10K steps through daily activity (helped by playground duty). Just another Monday. There's not much else to say, except that ...

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I was listening to a podcast today from livewire markets. Hamish Douglass of Magellan Group was being interviewed. He mentioned a Benjamin Franklin quote about money - "money makes money and the money that makes money makes more money" ... so basically he's talking about compound interest. Within the steem ecosystem this takes place through lots of mechanisms but staking of steem-engine tokens is a great example. Take SPORTS as an example. By posting using the @actifit wallet, you earn this token by default. You earn this token just through posting your daily activity to the steem blockchain. In addition, you also get paid in AFIT tokens and STEEM through upvotes (STEEM compounds if you're powering up)! You stake SPORTS. Those staked tokens earn by themselves. You earn more by regular @actifit posting. You keep staking. You get the idea. This is essentially what my previous steem-engine week-long experiment was which I plan to re-do every four weeks to take advantage of compounding. For the other three weeks, the SPORTS are making SPORTS and those SPORTS are making more SPORTS. Even if you consider SPORTS to be a meme token, you can sell it for STEEM!

(And even if you think there is no future for STEEM you can sell that too!)

If I’ve learnt one thing on steem, it’s to look for compounding opportunities.

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