A short little blurb to point out the benefits of using Steemit as a savings account.
Spending sometime in my Steem wallet late last night, I never noticed the APR(annual percentage rate) interest on the steemit dollar held in my account is 10%, no bank offers this savings rate.
Many of us can agree the banking system is completely corrupt, the big ponzi scheme in the world! Hence crypto-currency is born. Anywhooooooo, I like the idea of being able to travel, buy groceries and many other things, so naturally, any way to make my money grow is very appealing to me.
Looking into the five big banks in Canada, I can see they all offer the same low interest rates. These rates as far as I can tell don't generate much profit. Let me point out, I'm in no way a financial guru and you should really look into this yourself, my opinion could be so way out in left field it could ruin your life! Okay, I'm a drama queen but seriously, it is only my observation and opinion!!!
Original images, Personal trainer, not financial advisor