launch post for full details.
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The idea itself is very simple. The bank of welshie is set up to last 3 years. Bank of welshie will issue welshie's at the cost of 1 STEEM each until the end of the first year ending 30th March. For the last 2 years the bank will produce a daily post to collect post payouts so that it has a dividend to offer welshie HODLer's when the bank shuts it's doors on 30th March 2022. Right now each Welshie costs 1 STEEM and is worth 1.08 STEEM. Your buying something that is already worth 8% more + you can return them to the bank at any time for a FULL refund. It's a little retarded to not own a few these and should be viewed as way to lock up some STEEM that earns interest in the hope that STEEM will be worth more in 3 years. We all make STEEM, why not save some with the bank of Welshie? so that your not kicking yourself when the price of STEEM explodes. When i think about it, this service can replace your steemit saving wallet as it is almost the same thing minus the 3 day waiting to withdraw.
What can we do?
There are 9 investors involved with @bankoflshie with a total of 439 welshies circulating. Now, being completely honest and i know Welshie will not take this the wrong way but that's sorta shit. Is it not? for a 3 month old project that posts everyday and is ran by @welshstacker a huge SSG community member that runs the community upvoting bot and gives away SP delegations every month. I thought there would have been more support for this. Im not stupid and i understand that if someone bought 400 welshies today, that current 8% would drop to 4% instantly but more investors, more people involved, bigger ROI.
I would suggest that everyone buy a few of these, at least 10 and then set up an auto upvote for @bankofwelshie. I currently give the bank a 20% upvote from CSB everyday and think if you own welshies, you are crazy to not upvote all it's posts cause that's how the bank makes money.
I look forward to seeing my physical welshies!
They are pretty cool but a finger print in the orange bit. I have more gathering waiting to be posted :)
Another thing to get into, time to save steem to HODL
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These are solid and the guy that runs has proven trustworthy in the past :)
😂😂😂 UK this is Dark on my wifes acct lol
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Got some and much like the @spinvest Have faith in what @welshstacker is doing!! I have a plan to buy more SPI and more Welshies after increasing my wallet a bit. Thanks for sharing and resteemed!!
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It's only got 9 investors, im shocked.
Think I was the second or third lol. This reminds me I have not shown off my Welshies in a post yet! #steemleo may help the bank out a bit too. Good job brother.
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Thanks for the great shout out buddy. I'm not surprised there are very few investors, I'm expecting a massive buying spree on the last day. I'm also hoping to get the SP up and over 500steem so members get a good daily upvote as a little something extra.