Let’s start from the bare minimum — you will need: 1. A knowledge about blockchain, ie. learning how to keep your keys, and 2. A discipline in keeping keys…
Those two thing are necessary preconditions to remove intermediaries from your financial life. But they are, at the same time, just the first step in learning. Never forget, cryptocurrencies are in essence programs that are subject to changes. That is not a bad thing at all, and here is why…
In fiat money, you cannot control paper fraud, because its program is in hands of a few bankers who are scheming how to plunder your value.
In cryptocurrencies you CAN inform yourself about the program which should protect your value. And it is in your interest not to miss any news about it. For example, did you inform yourself about the Steemit HF21? You didn’t? What are you waiting for?
Steemit is a DPOS (Delegated Proof of Stake) system, where, as I have said, you can inform yourself about the changes made to the algorythm. In the POW (Proof of Work) systems, like Bitcoin, you can not only be informed, but you can have your voice in deciding about the destiny of algorythm. You just have to start the program in your computer.
After those first two steps, you can start earning by:
- Acquiring small quantities of cryptocurrency from the faucets
- Opening an account at decentralized social platforms like Steemit
- Mining cryptocurrency
- Buying cryptocurrency on the market
- Selling your product or services for crypto
So, you have to take responsibility for your own value, for your own sake. Nobody else would do it better than you. You have to accept that learning means survival. And soon, you will forget the world of bankers and the endless line of wars waged with their paper frauds. For more details read the book Bitcoin Standard by Saifedean Ammous.
https://snax.one/steem/lighteye
Comment as you see fit!
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Linked posts:
Q23 — What It Would Take To Build A P2P STEEM/SNAX Exchange?
Q22 — What Would You Do As A SNAX Block Producer?
Q21 — Do You Have A Crypto Portfolio? If Yes, Do You Manage It? How?
Q20 — Being An Early Adopter In Crypto Guarantees High Returns?
Q19 — What's The Most Profitable Scoring Round You Had So Far In SNAX?
Q18 — Do You Intend To Launch Your Own Token On SNAX? If Not, What Kind Of Tokens Do You See Launched On This Blockchain?
Q17 — Name At Least Three Steemians Who Are Not Already On SNAX, But Should Be There
Q16 — What Should Be The Price Of A Beer In SNAX?
Q15 — What Are The Next 3 Most Important Social Networks / Web Services Where SNAX Can Be Added?
Q14 — How Many People In Your Social Circle Know About SNAX? How About STEEM?
Q13 — Where Do You See The SNAX Ecosystem In 6 months? 1 Year And 3 Years? Why?
Q12 — Loosely Coupled Rewards Pool Or Strongly Coupled Rewards Pool?
Q11 — How Do You Interact With The SNAX Blockchain: The Chrome Extension? Snax Voter? Command Line? Other?
Q10 — What’s The Liquid / Staking Proportion In Your SNAX portfolio?
Q09 — What Will Make A SNAX Block Producer Worthy Of Your Vote? Or A STEEM Witness?
Q08 — Do You Vote For Block Producers In the SNAX Ecosystem? How About Witnesses In The Steemit Ecosystem? If So, For How Many / How Often?
Q07 — Do You Write For Other Blockchain-based Platforms? If Yes, Can You Try To Rank Them Based On The ROI On Each Of Them?
Q06 — What Are The 3 Most Plausible Use Cases For The SNAX token?
Q05 — What Are The Most Plausible dApps You See Developed On The SNAX Blockchain?
Q04 — Where Do You See The Price Of SNAX In 6 Months, 1 Year And 3 Years? Why?
Q03 — What Do You Think About The SNAX Reward Algorithm?
Q02 — What Was The Most Difficult Part In Linking Your Account With SNAX And How Could This Process Be Improved?
Q01 — When did you first hear about SNAX and in what context?
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