Well, that certainly paid off!
As many of you already know, I also run an alt-account called as an investment/saving account for my children. I started it up just over a year ago because I finally began to understand the amazing potential and future of cryptocurrency. If anyone would have been able to rewind the clock and grab just a few BTC for their children back in the day, they would have without hesitation. Obviously, most of us missed that boat, but we still have other opportunities.
THE STEEMIT OPPORTUNITY
The goal was simple, just have fun sharing and documenting family fun and activities and use the rewards as a savings for the future of the . So far, not only do they have about 0.7 BTC, but they also have almost 3000 SP, which is currently worth over $15,000 USD. Interestingly enough, that "$15,000" alone is an interesting amount.
The video above is a tour of our land. We purchased it for less than $10,000 USD. Technically, the could afford to purchase a property like this, just with what is in their steemit account.
Although we have not started building yet, the septic system has already been installed. Since that cost less than $5000 USD, the could afford to do this too! You'll also notice something in the background of the photo above.
Yeah, the shipping container, bundled together with the land and the septic system, would come out to around $15,000 USD total. Basically, everything that I've worked hard to accomplish in getting the land and the work done on it so far could be financially accomplished by my children.
Now I know that we have five children, and that their savings will one day be split up, but to end up with the amount of STEEM and BTC that they have has been a huge blessing. To be able to "mine" STEEM and BTC by sharing content and curating here on steemit has been an incredible experience anyway, and the rewards will bless our long into the future.
WHAT ABOUT YOU?
I thought that I would share this in a more tangible way to inspire others. To see that acres of land, a septic system, and a shipping container could all be purchased for the current account value of the account paints a different picture than just looking at some numbers on a page.
While I am not suggesting that everyone try to run alt-accounts to try to bless their children or others in their life, I do believe that it is wise to try to save up something for your children (or others) if you are able. If you are like most people here on steemit, you've got a whole life going on offline. You work, you sleep, you eat, and periodically you hope online to post, comment, and curate on steemit. Hopefully, you are able to meet your financial needs through other means and anything that your time on steemit may bring in is just an added bonus.
If you are in a position where you do not desperately need to cash out your steemit rewards, why not use them as a savings/investment for not only yourself, but for your loved ones? What if you simply held 10% of your earnings as an investment for your children? It may not seem like much now, but what if STEEM continues to rise? What if your child is young, and the account grows for years? Obviously, there is no guarantee or promise of anything, but we have an incredible opportunity, and I wanted to take this opportunity to try to inspire you to think of the potential, and to think of others. Too many parents only leave their children debt these days. Why not try to leave them a blessing instead, perhaps even while you are still alive so you can watch them enjoy it?