I used STEEM to purchase SILVER! Turning Digital Tokens into Physical Assets!

in steem •  7 years ago 

Since I started on Steemit I've been trying to talk my friends and family into signing up, but they were very sceptical and thought it must be some sort of Con! No matter how hard I tried I kept getting comments like "but it's not real money" Well now I can prove to them Steemit's value by putting Real Profits in their hands!

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The Bigger Steemit becomes the more places will accept STEEM as payment for goods and services. There are already places where you can spend your tokens like at @phelimint's online store phelimint.com where you can easily buy Silver Bullion and get it posted worldwide to your location!

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Because.the Silver had to be sent 3000 miles from Canada to the UK I went for a fairly small order of 4 Oz, this was the weight limit to get $20 shipping. The total order came in at $161.23 which converts to £118.82 or £29.70 per Oz. I'm perfectly happy with that price for some Top Grade Silver, especially since I paid with STEEM it was basically free in my eyes!

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I got all this Silver for about 44 STEEM!

At the time the ratio between SBD+STEEM was 1to7. So I got that Steem for about 6SBD that I received from a single post on steemit, that took maybe 45 minutes to write! :-)
At today's price you could get all this Silver for approximately 22 STEEM!

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It really is an eye opener for me being able to use Cryptos like Real Money! The future is looking much brighter for me now, and I'm having ideas that one day I will be able to leave the Rat Race. Financial freedom and an early retirement! Keep Steeming Everyone :-)

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Already up to 5oz of Premium Silver for 2018! :-)

Invest in some Silver. The Future is Shiny!

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Sweet haul! Those are some pretty solid additions!

thanks mate im chuffed! i was worried it might get stopped at customs but all was fine :)

Love the post Owen and nice looting...I'm going to be saving up a bit of my Steem and trying them out. They have some cool stuff for sure!

Wise investment.

O yes it’s about time that time to put profits into physical...really smart move my friend...upvoted and resteemed👌🏽

thanks mate!

Beautiful additions to the stack!! What a great way to start 2018! Great pics and thank you for sharing :)

Cheers bud! and thankyou for creating the Beautiful Succubus Rounds! :)

Good post with lots of information. I will be shopping there in the future.

You wont be dissapointed! you should be able to buy the new 2018 steem rounds from there too when there released :)

Silver is also great to invest your steem token on.

Thanks mate you cant lose with silver :)

Turning Steem in Phizz is the way to go...and they are nice silver rounds too!

Thanks mate im well happy with the coins :)

This will give you much more profit , I heard that silver will shine this year

Thankyou :) it has so many industrial uses that the price is bound to go up soon!

Well done, but.... I usually use bitcoin. Your buying an undervalued asset with STEEM which is still under valued. I think STEEM will gain faster that silver. Bitcoin is way over valued. Anyone that actually uses it knows this.

If JP Morgan does stop smashing the price of silver down, then who cares what you buy it with but I don't see that in the near future until they are the largest holder of physical silver. Even then, who knows what they will do with it. With all the money they make shorting it, they could buy a space shuttle and send it to Pluto (which is a planet again!!!! for now).

Do you get the silver tested?

thanks i know i should be holding my steem but i had to try it out, and even if the silver doesnt make me money i will enjoy it, im a collector :)

Cheers! My kids and I love the sound of silver coins clanking together. I just spent $1K of siacoin profits on platinum and gold 1/10 oz coins. I had to go SC to BTC to the metal dealer which probably cost me 20% but it is clear from the ___, I hope.

Everyone is discouraged because silver has been smashed by JPMorgan while they hoard it.

oh yeah the sound of silver is beautiful! great job on the buy, its one of my goals to get a 1/10th oz platinum this year. i only just got my first gold coin, a sovereign so i plan on stepping up my stacking game for 2018! cheers bud :)

Keep stacking. Be patient and wait for dips to buy solid cryptos and trade in at high BTC prices.

TWM

4 ozs for 45 mins work thats a pretty good rate of pay!
even at spot prices! and you got premium silver! Good job Pal!!

thanks mate, i could of got a better deal if id waited until the next day to place my order i would have got it about 12 steem cheaper, but hey ho, no use with if's and but's we try our best at the time :)

Very smart move sir. Diversify.

thanks mate, are you the same ozwald from youtube? :)

Thats some nice stuff, I may order some from them myself soon :)

Very awesome Owen. Steemit is paying out!

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Now that's the way to do it. Those are some kick ass rounds.

That is awesome!
Those are some great pieces.

Now, that's diversifying.

Owen, congrats on the new shiny pickups! Nice to see it came from Steemit's favorite mint.

Thanks for the awesome shout out. I've actually heard similar feedback from people that being able to show them buying silver online through our store using steem has finally gotten there friends and family to believe it's real currency. That's amazing and truly our goal by accepting steem.

wow.. those are awesome looking coins! i want the first one you posted !

Just wanted to mention silver gold bull accepts BTC, LTC, and BitcoinCash

Your Post has been Awarded a 100% Up-Vote...
If they ever come into being, is there a chance you might
perhaps buy one of the Future COIN MAN Silver Rounds...???

COIN MAN by @pocketechange

I'm looking at total crypto market cap and I agree that it looks like the time to bail. I'll keep my FUN and EOS but the rest can go. $800B with a ton of crap coins. Unlike real estate and the stock market (both huge bubbles), crypto bull and bear markets are days apart but there is a huge correction looming. I'm jumping out as soon as I can test the stuff I am buying.

TWM

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Stack It Up! Stack It Up! mate! Very Well-done!
Very Informative and promising !!!

Those are some pretty epic looking rounds.

Ditto partner. I did the same thing for the same reasons. I also got the Succubus and I also picked up a couple of Silver Shield coins. It feels great to get real assets from this site.

Turning digital token into physical asset is a good way of ensuring your money will not be lost because it exist in both virtual and physical realm :)

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