What I'm thinking and working on….
I regularly listen to the financial conspiracy theory crowds on Youtube. They offer interesting angles on ideas. There are a few of them that claim that Bitcoin is just another way to get the world to a cashless society.
Continue reading “What I think about all this talk of a cash-less society”
There are several ways to earn bitcoin. You should find the best one for you, but do not limit yourself to that one way.
You should think of Bitcoin as a barter system. A lot of people don’t want to call it money, so maybe we should entertain that idea for a few minutes. Continue reading “Bitcoin – Think barter system.”
Have you used bitcoin before? You need to try it. It doesn’t cost hundreds of dollars to get started on your personal bitcoin empire. Continue reading “The foundation of your bitcoin empire.”
Scam: ( 1 a dishonest scheme; a fraud. 2 a fraudulent or deceptive act or operation)
People seem like to throw this term around a lot in the bitcoin and crypto currency space. Continue reading “What are scams?”
I would say no to this question. In my opinion, these tokens are creating a loop. First, we had crowd funding where one person would give/ donate another person bitcoin (to do some project) and that would be the end of the financial transaction. Now we can give the original donor a token and it becomes more of a value for value transaction and possibly an investor. Now, they can go on the market and get something for their token which should hopefully be more than zero. As the markets get older, there will be investors with stronger hands looking to get tokens at the market bottom price as well.
Will people still create scams? Yes, but now each project could have a market where people could get partial refunds if they get cold feet. Keep an open mind.
So I hope the good guys keep creating small projects that bring value to the world and I’m going to keep investing.
The Sun Exchange is solar company that I follow and use to try to cover my downside risk in bitcoin.
Right now they are hosting a crowd funding due to end on July 17th. Continue reading “18 Days left! (July 17th)”
Protip is a Google chrome plug-in that manages a bitcoin wallet and collects bitcoin addresses from websites that you visit with your browser. Continue reading “Protip, bitcoin tipping to content producers”
I am going to try something new. I signed up for Microsoft rewards with Bing search engine. After 10 searches a day you earn 50 points. After you get enough points, you can buy Amazon credit from the Microsoft rewards. Using Purse.io, you can buy items for people with your Amazon credit and get Bitcoin in exchange. One reason to do this is because the value of bitcoin tends to go up over time.
I had an idea one day that maybe Purse.io is like The Onion Router (TOR) for your credit card.
TOR hides Internet activity by allowing a network to pass each other’s requests to the server and back to the user. So when you are part of the network, your requests are not your own and someone else’s requests are not theirs. This adds a layer of protection back to the web for some people. As all companies try to collect valuable data on who uses their services but some fear the information could be used for negative purposes.
After using Purse for a while, my Amazon suggestions started changing because I had bought varied items for other people in the USA and Canada. This is a good thing for people who are worried about “Big Data” knowing about all of your purchases. I guess if someone really wanted to know the truth, they could track delivery addresses instead of purchases, though.
It is interesting, but I guess that is as far as the idea goes. This is just something else to think about and another reason to consider using bitcoin.