I would rather Earn Crypto🤓
Anytime you read about crypto or Bitcoin the word “invest” is always associated with it. The media loves to put stupid captions like “If you would invested $1,000 dollars in 2011 you would have X dollars today”. Of course this type of thinking fuels the casino finance mentality. And it’s tentacles have also gripped the crypto market.
With promises of easy riches this mentality is something the crypto sphere should avoid. Let’s get real: Most of us don’t have the connections of Warren Buffet. Or the mentorship of Benjamin Graham. Suffice it say stay far clear of risk if you don’t know what your doing.
And even if you know what your doing investing and trading is not for everyone. It is ultimately a zero sum game. There will be winners and losers. Or like an old trading friend used to say: Limit your losses and maximize your gains.
So what is a newb to do? I always get questions on how to get exposure to Bitcoin. Or some who want to participate yet are very conservative. My advice is always to earn crypto.
Leo Finance and the Hive ecosystem is by far the best way to earn crypto. Yet, we are still early in the crypto cycle. Which makes it the perfect time to start earning and staking. Early adopters always profit first during any stage of technological development.
We are no exception. I have been scouring the net searching for ways to earn crypto. Now I have found a few gems that are worth the time. Yet, Hive eco is by far the most superior.
Crypto was meant to be earned. Blockchain does not want to be like the legacy system. Rather, the tokenization and gamification of everything is where we are headed. It means that the old rules of money no longer apply.
Of course the corporates and big tech have been slowly creeping into the space. And they would love nothing more then to keep the game the same. Which would mean more centralization and more gambling. Not to mention everyone indebted to them.
However, things will not work out the way some of them have planned. The majority of people around the world are realizing the issues with money. They also don’t like being enslaved, over taxed, and indebted to politicians/bankers. Free men and women don’t need permission.
So why gamble in crypto when you can earn it instead? Although we are ahead of the crypto cycle many of us should not be discouraged. Instead, earn and stake the dip. Find your tribe..our time is now.
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Very interesting perspective and quite one that is commonly overlooked or underrated, I don’t claim to have much but most of what I do have and which I’m grateful for is earning from Blockchain activities, albeit over the years. I believe what most systems struggle with is how to make their projects sustainable while most people think freebies are not valuable. Eventually both systems will be more perfected than it is now, there are multitudes of play to earn games now that satisfies both of those questions and I believe they can only get better.
Thanks for the nudge.
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When the floodgates of gaming and crypto combine we may see some things that many will not be able to comprehend. Namely the value of gameplay and it’s relationship to what most perceive as work. The key here is sustainability. Math is going to play a huge factor in this process. It’s already happening. :)
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"Crypto was meant to be earned. Blockchain does not want to be like the legacy system. Rather, the tokenization and gamification of everything is where we are headed. It means that the old rules of money no longer apply."
i 100% agree with this. However there are a few problems with this idea. The first being is that crypto projects make more sense to work in their own economies and ecosystems and establish a value to themselves that's what its going to take for it to really have true value against fiat currencies so i'm with you there.
Here's what you all constantly do wrong. You say that but the reality is most of your systems end up unsustainable because you rely still on systems that require the tokens to be purchased so the systems can run. So electricity can be bought and so people with no jobs lives can be paid for in crypto.
Now what should have been done that wasn't done was a system finetuned to work in this capacity. So how can a system derive value without you buying the tokens. As long as you have people buying the tokens and this being the measure of the value you're going to have still a pyramid like ponzi scheme system. That's what we have now in 99.9% of cryptos but there is a workaround.
If you consider social media sites are quite valuable but who gets paid to use them? Nobody or i should say they get paid but its in the form of value of the network not in the form of a currency that converts to fiat. So what i'm saying is the idea of freemium services works well with earning crypto and creating value. Otherwise you will have very little growth and just not enough incentive for participation.
However if you had a facebook like interface and people accustomed to already using the site without getting paid. You'd have a valuable site .. You'd have the social capital and it would be transferrable into physical money whatever they may be. I'm just saying there are more efficient models like we've created on bitcoin myk which is based totally on freemium services and designed to run without purchase of the tokens to sustain it.
Now there is going to be a trade off. However the trade off is still better than what we have in crypto now. For example with bitcoin myk we have about 4 servers running our blockchain which equals less footprint on the environment and it also means that the network will function without token buying. So all that miner inflation is gone for the most part. Now sure security issues can come up but with freemium services often times will be offset by wide distribution levels.. for example earning and getting tokens free equals a network with stats far greater than btc. Right now btc is at a point of 87% of the network is owned by 1%. Now to me i'd call that a security issue as you could have major dumps and decline in value and just outright manipulation at anytime.
I'm not sure if you get what i'm saying because obviously most in crypto don't or they'd be flocking to our project and not going the wrong way lol. haha. However if you do understand it. You'd understand that freemium services work and the most successful ventures have done freemium services and do them all the time. Netflix. amazon, walmart you name it. All have done it. Grant Cardone a real estate guru weighed in on crypto and said teh same thing. He said don't sell it give it to everyone free. Get it in everyones hands. However to do that you can't have a network that you require direct payment from the end users to sustain it and thats what we have. That's not going to work well. That's why now we have horrible stats where like one guy with one account can make or break a project.
If you even look at these tribe tokens its generally like one guy who controls over half the pool. That's not decentralization thats horrible. Our project Bitcoin MYK suffers from the same issue but here's the difference i can almost guarantee it. Bitcoin MYK kinda moves from a place of centralization but will end up the most well distributed and decentralized project in crypto. I highly doubt that will happen in bitcoin. bitcoin is actually going backwards.. it gets worse more companies buy into it and make it far too expensive and hold all the cards and cryptocurrency just aren't being smart about this.
Bitcoin MYK can't be in that situation because it checks all these boxes and it can't be manipulated or controlled because as it runs ona freemium service through distribution it will always balance out. So if you understand what i'm saying you will see the tremendous power of this. If you don't i can predict you will go back to the idea of how we use crypto with the tribes with one guy controlling most of the liquidity pool lol and no matter how many we form doesn't make a difference because the models themselves are so inherently flawed you just going to keep ending up with the one guy with all the power on every coin even if you have a million of them still won't be enough. So that's my take on that.
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Interesting comment. I will say that whales do have their purpose. However, token distribution is an issue with many projects. There are many flaws with various blockchain projects. Obviously you’ve pointed out many. However, the goal should be to right what is currently wrong. A work in progress so to speak to create a more equal financial system. :)
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I agree completely. Most of the planet does not have access to resource to buy in. Hence the ability to earn is vital. Without that, we will simply be recreating the present system.
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Indeed. The proof for all the naysayers is already here on Hive. Once we catch on so to speak it should take on a life of it’s own.
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I completely agree but in places with a higher standard of living, I don't think it can really work for people. At least it would require a long time to make it a good enough income source.
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I’ve been thinking about this for a long time. Avoiding “Ponzi” but being able to pay players is going to take a combination of math, ad dollars, and possibly subscription dollars(for the serious gamers). I’m already seeing it pieced together. The trick for us is to be ahead of the curve…
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