Thanks for the shoutout😎
Just to compare the power of the monthly compound....it adds an extra (nearly) $200,000 to the total of my original example.. So, we're talking about a huge bonus
21k to 712k is pretty amazing. Although....a lot can happen over 20 years and we are definitely in for a ride of some sorts.
Let's just get that first year payed out before that crypto commission announces anything😂
What is cool about your thousand dollar idea is that it can be, to a great degree, funded with some of the rewards people get. If they engage and get a payout, especially as the price of HIVE increases, they will be able to keep filling their HBD savings.
Then the fun really begins.
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Yeah, 1000\year is less than 100\month so it's really not an unreasonable goal(for many)
I've been thinking of taking, say 10% of my hbd earnings and locking it up as it comes in -but it's still hard when a lot of us are so bullish on hive and have seen the price jump before. I do have some in savings, but I want to get to a goal of maybe 10% of my account value in the savings.
But, if we could get 25% in savings, it might want people to power down? Especially in bearish times?
I'm just a little baby half Dolphin, so I'm fine with the price staying low so I can continue to accumulate for a while...but I of course would like to see everything go to infinity and beyond
What you describe is the key: it gives people choices.
To me, I am about baseline building. If 25% is the second baseline (after some in the 12%), then I am doing pretty good.
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