Wow very well written post and very motivational as well. I have found the post by a re-steem but i am really glad i found it. Now i do have to ask you one question and it's about the mathematical part of the blog. You mention about 0.100 Steem Power a day over the 4 years (1462 days) so that will bring a person to 146.20 Steem Power at the end so how this can worth so much money. I am new here (a little bit over one month) and i don't know all the technical parts and i will be very interested to know how you reach that number in usd. Thanks a lot and have a great day!
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The shortest answer to your question is if you keep your earnings in Steem Power and not withdrawing it during following 4 years, you earn 0.6% daily interest on the amount you keep in Steem Power.
That means, the amount I received (which shocked me too, BTW) is not the pure product of 0.100 x 1462 days = 146.20 Steem Power.
It's 0.100 SP daily + compound daily interest of 0.6% for the total amount kept in Steem Power.
Take a look at the above article again, under the "All the rest is pure mathematics!" paragraph and see Day 9 and Day 10 again. I explained that there, but it apparently slipped aside from your attention for some reason.
Never the less, I will explain that in more detail in my next article, as you are not the only one who was confused with that part. 🙂
So, stay tuned! 😉
Yes i did miss the part with the daily interest of 0.6% for the total amount keept in Steem Power. This is crazy honest to be... crazy in a good way don't get me wrong. As i told you i am new here and slowly slowly learning about all this "technical things". Well keep the blogs coming as i am following you!
Thank you, @georgemales! - And yes, this is crazy good! 😁
I'll try to post ASAP although my real life obligations are squeezing my Steemit time heavily, lately.
You are welcome! Don't worry my real life obligations are doing the same thing when it comes to Steemit and spending time here... but looks like i always find some time to post! :)
LOL - Then you are better than me! 🙂