Amazing Math-I'll Make More Money in Steam Power Over the Next Year Than At My Day Job. P.S. I'm Not a Whale
steem·@mctiller·
0.000 HBDAmazing Math-I'll Make More Money in Steam Power Over the Next Year Than At My Day Job. P.S. I'm Not a Whale
<html> <h2>Let's talk about some basic math here. </h2> <p>My day job is as a fifth grade teacher. So I'm not wealthy. But my family isn't destitute either.</p> <p>While my daughter was at swim lessons this morning, I decided to do a little research. </p> <p><img src="https://i.imgsafe.org/6e0466ee3a.jpg" width="620" height="367"/></p> <h2><br></h2> <h2>I figured out that I am making 0.02 Steem Power per minute.</h2> <p>Which means I make 1.2 Steem per hour. As of this writing Steem is trading at $4.06.</p> <p>Let's <strong>round that DOWN</strong> to $4.</p> <h2>Which means I am making $4.80 per hour in Steem Power.</h2> <p>I make more than $4.80 as a teacher. But here is the thing. </p> <h2>I don't work 24 hours a day. But Steem Power does.</h2> <p>So at $4.80 per hour multiplied by 24 gives me $115.20 per day.</p> <p>$115.20 per day multiplied by 365 days gives me $42,048.</p> <h2>That's $42,048 next year.</h2> <p>$42,048 is pretty close to what I made BEFORE taxes this past year.</p> <p>And he is the thing. This is without me DOING anymore posting or voting.</p> <p>I do nothing, and I will make roughly the same amount as I did at my job. The job I work 50 hours a week at. </p> <p>Oh, one more thing, I've been on Steemit for about three weeks. I am not a whale. I'm not even a tuna or dolphin. When I vote early on a post, you get a penny. Try not to spend it all in one place.</p> <h2>In less than three weeks, I have an asset that will generate as much money as I do in my day job.</h2> <p>That is mind boggling.</p> <p>What this calculation is not taking into effect is the compounding nature of Steem Power. I should be earning more per hour six months from now than I am now. Again, even without doing anything here on Steemit. </p> <p>Doing Nothing.</p> <p>This changes of course if the price of Steem collapses. But if Steem just STAYS put this amazing math still works.</p> <p>I am still trying to get my head wrapped around this possibility.</p> <p>(<em>If my math is wrong here. Tell me in the comments</em>.)</p> <p><strong>Other posts of mine I think you would like:</strong></p> <p><a href="https://steemit.com/starwars/@mctiller/ten-reason-why-star-wars-is-the-greatest-movie-ever-made">Ten Reasons Why Star Wars is the Greatest Movie Ever Made.</a></p> <p><a href="https://steemit.com/steem/@mctiller/cds-savings-accounts-checking-accounts-a-financial-analogy-to-explain-steem-to-others-so-they-will-join-us"> CDs, Savings accounts, checking accounts. A financial analogy to explain Steem to others so they will join us.</a></p> </html>
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