RE: Nearing the end of our 250 minnows in a month challenge
I live off of steem and steem-related money and power down weekly. I am not alone doing this in the third world. A guy in Indonesia already bought a house with steem (not a deposit - the whole house) and inspired another man there to renovate a wreck into a place his family can live in.
My rent is 85 usd a month. My sp still grows because I work hard here blogging, commenting, chasing bounties, helping other people with their blogs. If I could not take the cash out, I could not afford to be here.
I have been taking the money since Oct 2017 and living on it for 90% of my needs since Dec 2017. The huge price jump last spring meant I was able to survive well into August last year and take less out at that time. When the price is low, I make do.
More people than you can imagine can eat for $5 a week.
I totally get that. But I wonder how many will regret selling when steem hits it's next all time high?
For me, I will release around 10% of my personal holdings at $50/steem and a little more at $100/steem.
If things go well, I hope I can get passive income from just curation.
It's great to hear about the guy who bought a house, is there a post about it? Would love to share that on twitter. Many crypto doubters there
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That’s great to hear from you @fitinfun ! Early adopters should benefit definitely out of it! And of course longer you keep investing your time in the platform that’s very important as well! Great work from your side again!
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