Great article - The magic of compound interest is certainly underrated. I wonder what the compound effect of writing on steem is - sure it's a lot more than 8% :)
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Great article - The magic of compound interest is certainly underrated. I wonder what the compound effect of writing on steem is - sure it's a lot more than 8% :)
Thanks! For now at least it is more than 8%. I suppose it will become smaller with more people entering, at least for the Steem you earn later on, but for now, it is probably more than 8% a week for active users. But I don't even know where to start to calculate that :)