Is Steemit a better banking option!!!

As many of us know we get virtually no interest on our money from our main street banks. The stock markets are dangerously high with more financially illiterate people piling in. This is common practice before a major crash. Not even the bond market is safe today!!! Could placing your money in steemit be a good alternative?

Here's an example with current estimated figures:

a) If you buy 1000 steem power today.
b) Your upvote will currently be worth $0.12 at a 90% Voting Power.
c) With 10 votes allowed per day this will be $1.20 per day.
d) Less about 20% for curation deductions.
e) This will give you a total of $1.00 per day / $30 per month / $360 per year.

As you can see with the current figures above if you upvote yourself only you will earn the equivalent of a 36% plus return per year.

You could increase this amount by getting upvotes valued at a higher amount then yours, so self upvoting is not necessarily a given. Also keep in mind as your steem power increases so does your payouts.

The DOWNSIDE is if the price of steem power goes down. The UPSIDE is if the price goes up you will earn even more.

Should the price of steem double you should get a 72% plus return.

Let me know what you think?

Disclaimer: This is my conclusion after doing some analysis. I am in no way responsible for any losses that may occur. It's up to you to do your own analysis.