Steemit : disruptive solution to the failing world economic model

I been talking about the trend that is happening where almost everyone started building up steem.

The last time Ive spoken about steem, it was priced approx USD2.30 if I'm not mistaken, or was it USD2.40 per steem.

Today price is at USD4.04 , it shot up to an all time high. How awesome is that. So imagine if you been working your ass and build up to 1000 steem in the past when it's worth say USD 1, and if steem reached to a price of USD 5 , that 5 times worth in a blink of an eyes. Damnnn.

As for me, so long the value increases ,that is all that matters. Still pretty good for something free to begin with.

Do read up my previous post, so you know what I am talking about.. Click HERE

So the wisest thing to do is keep posting, improving in creating good content, Engaged and have fun
Finally, repeat. Just remain consistent.

In no time, every post you make has better value, better value mean higher SBD. Collect as much as possible and purchase steem.

As matter of fact you been building up your steem anyway. How? So think about this. Let's say, you been writing a little more. Assuming in total, you received 10 steem a day, in 7 days X 10 a day, that's 70 a week.

After 7 days, the total payout of 70 is divided into 3 areas.

25% ( curator ) 37.5% author steempower & 37.5% ( author SBD )

Curator : 17.5
Steempower author : 26.25
SBD author : 26.25

So, let's say, you repeat the whole exercise and be consistent..

26.25 X 4 weeks (a month) : 105sbd

105sbd X 8.69 as per current rate : 912usd

912usd X 4 (Ringgit Malaysia approx currency rate) : RM3648

Current sbd/usd rate

Yes, you read it right that RM3648 per month which you u can cash out using remitano.

Here is how to cashout , Click HERE

As for steem, the current rate is USD4.04 as for now. In the past it much much lower, and it is going much much higher.

Let's go back to the basic, so you can see it clearly.

Let's say 10 a day, 70 a week of steem for 4 weeks straight.

As per current rate :

NOT YOURS
Curator : 17.5 : RM1131.20

YOUR CUT
Steempower author : RM1696.80
SBD author : 26.25 : RM3648 a month

Amount in the steempower can't be cash out immediately, you can but it split equally for the next 13 weeks for the pay out when you power down. So think of it as your EPF (Employee Provident Fund)

So imagine , receiving in your bank account RM3648 and RM1696.80 put into your EPF, how cool is that. By doing what exactly? Damnnnnn.
All these doesn't include other reward for engaging with other Steemian and resteem Steemian content.

So just by keep on posting, you been building up your steem.

If steemit keep going the way it is, it might end up being a new religion. LOL.

I hope this helps bring some clarity of what's possible and could be use to encourage your family and friends to join.

Now imagine this, my goal is working toward 100 a week. Some others out there already achieve it.

Steemit is a breath of fresh air to the already failing world economic model.

Do Upvote, Follow and Resteem if you like this post.

Why Am I Here

Daniel Doughty loves his community and ideas but hates writing. Steemit is a brilliant platform that would help him express his thoughts and helps him practise his writing, he hopes to get better at it.

He is now a self proclaim steemit evangelist and preacher , encouraging his community in Borneo to use steemit as a bridge to the outside world to build awareness, showcase talents and most importantly to create wealth for themselves.

To find out more on what he does, click HERE