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▶️ Money Is Only Backed By Faith | EP#157
In the past 100 or so years, the US dollar has gone down about 95%. Bitcoin has gone up over 7000% in less than 10 years.
Yet, people continue to bash Bitcoin and question what really backs Bitcoin? There's nothing backing US dollars aside from faith. The thing is you have faith and know that it will decline and continue to inflate. With Bitcoin and cryptocurrency, our faith is that it may go up or down, but with US dollars, it's only going down.
It has gone down so much so that if you put money in the bank today, in 10 years with the best interest rate possible, you will have more dollars in the bank and more numbers on the screen, but you won't be considering that the money you've gained and stored has all gone down in value. It won't be entirely obvious aside from everything around you has become more expensive except consumer goods.
Consumer goods are always getting a little cheaper which make them so enticing to spend on, what you really need to do is invest to ensure you don't lose the value or your money to inflation. One of the easiest ways to do this is in gold. An even easier way today is via cryptocurrency, though it can be a gamble all the same. One thing is for sure, I'd rather bet on potentially gaining wealth rather than betting on slowly losing wealth indefinitely.
What do you think about this? Let me know in the comments below
Yet, people continue to bash Bitcoin and question what really backs Bitcoin? There's nothing backing US dollars aside from faith. The thing is you have faith and know that it will decline and continue to inflate. With Bitcoin and cryptocurrency, our faith is that it may go up or down, but with US dollars, it's only going down.
It has gone down so much so that if you put money in the bank today, in 10 years with the best interest rate possible, you will have more dollars in the bank and more numbers on the screen, but you won't be considering that the money you've gained and stored has all gone down in value. It won't be entirely obvious aside from everything around you has become more expensive except consumer goods.
Consumer goods are always getting a little cheaper which make them so enticing to spend on, what you really need to do is invest to ensure you don't lose the value or your money to inflation. One of the easiest ways to do this is in gold. An even easier way today is via cryptocurrency, though it can be a gamble all the same. One thing is for sure, I'd rather bet on potentially gaining wealth rather than betting on slowly losing wealth indefinitely.
What do you think about this? Let me know in the comments below
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I sit down with the founder and main developer of DTube Adrien aka @Heimindanger to talk about DTube diving into its origins and some big updates for what’s coming next!
I’ve been using DTube since I first joined Steem about a year and a half ago and I’ve loved it. It truly represents what a decentralized blockchain video hosting application should be and proves to be the perfect alternative to YouTube. Now with the new update, it can even utilize videos from YouTube and other sources to make the entire process seamless. I’m honored to get to share these cool new updates and insights into the beta new.d.tube with the legend @Heimindanger himself.
We covered most of these questions in the Q&A and many things were covered in our New DTube demo.
• Can you tell us a little bit about yourself?
• How busy are you now / How does your day look?
• When did you first get into cryptocurrency/blockchain technology?
• When did you first get into Steem?
• Are you working on any projects outside of your main one we will cover today?
• Can you give us a brief introduction to your project?
• What gave you the idea and when did you start it and or begin to discuss the idea?
• What are your thoughts on censorship and free speech with everything that has been happening in the media and on social media?
• How does your platform handle issues around censorship and free speech?
• Where does your platform fit in with other existing platforms and how does it differ?
• Where do you see your platform going in the next year? The next 5 years?
• What are the next big updates for your platform to release soon or that are in the works?
• Can you share with everyone where they can go to learn more about this?
• Is there anything else you’d like to share with everyone today?
Let us know if you liked this and if you have any other questions for me or @Heimindanger. Feel free to comment your thoughts below.
Also be sure to follow them everywhere you can and join their discord to stay up to date.
Twitter: @DTube_official
Steem & Other platforms: @DTube & @Heimindanger
https://discord.gg/sFV9dYN
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I want people to realize the potential of monetizing your content with blockchain technology. But just how much crypto can one potentially earn on an average month? I went and calculated my earnings over the last 30 days and would like to share the results.
Steem – 281 Steem power & Steem – $35.23 USD at current value of $0.12
LBRY – 6,500 LBC - $49.90 USD at current value of $0.007
Minds – 44.65 minds tokens - $1.87 USD at current value of $0.042
Brave Creators and Ad Rewards – 69.787 BAT tokens - $16.88 USD at current value of $0.24
Publish0x – 2,739 HYDRO, 1.71 DAI, 144.21 BAT – 38.17 USD at various values
Uptrennd – 580 1UP points - $3.35 USD at current value of $0.0057
That is a total of $140.40 USD. That is good for just sharing my posts and creating the content I like for a monthly earning that covers my cell phone bill and my share of the utility bill.
However, I am not spending this. I am waiting for the Bitcoin halving to see everything shoot up in value and then I will decide if I want to sell some of this off.
I’ve made more and I’ve made less in one month, but the point stands that you can make a decent amount of money even if you aren’t some big influencer. On YouTube, I only have 460 subscribers and I make nothing. With these platforms, I can monetize what little influence I am able to earn a profit and motivate me to keep going.
I used to boast that Steem was the most profitable, but now at its current value it seems to be very similar to Publish0x and with Publish0x, I have found that it is much easier to earn a consistent amount without needing to be curated or get “whale votes” like you might need to do on Steem to earn.
There are lots of ways to earn crypto rewards and monetize your content and I am happy to explore them and learn more about them every day. If you know of any great platforms like these, please share them in the comments below!
How will legacy platforms compete with these? How well are you doing on crypto-monetized platforms versus legacy platforms? What’s your favorite platform?
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#crypto #blockchain #cryptocurrency
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I had the chance to speak with Dan Hensley, one of the co-founders of 3Speak on the Hive blockchain. It’s a video hosting alternative to YouTube and is considered a highly decentralized free speech platform. We dive into decentralization, Hive, blockchain, 3Speak, and much more!
**Video Timestamps:**
*00:00 Intro
01:23 About Dan
02:35 Blockchain
05:23 Why Steem & Hive
10:30 Free Speech & Decentralization
12:52 Speak Network & Speak Token
19:00 3Speak Updates
22:00 3Speak Origins
23:57 Compared To Other Platforms
26:27 The Future Of 3Speak
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3Speak is the home of Free Speech on the internet. We exist because Silicon Valley has gone out of its’ way to deplatform and demonetize individuals because of their political beliefs, or the kind of content they upload, not because they break the law. 3Speak is keen to ensure that those people who have fallen foul of Silicon Valley’s arbitrary rules have a place to call home.
**These are some of the questions we went over:**
• Can you tell us a little bit about yourself?
• How and when did you originally get into cryptocurrency
• Can you give us a brief introduction to 3Speak?
• What problem does 3Speak solve?
• Why did 3Speak move to Hive?
• How does blockchain technology solve censorship?
• You previously spoke at length about the Speak token launching, when do you expect we will see that?
• You previously said you wanted to further decentralize 3Speak over 2020, what has changed in the last year? Should we expect to see you working as part of a DAO soon?
• Where does the money come from? How is this sustainable?
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Check out https://3speak.tv/ for more information and to learn more about what they have to offer. We spoke previously when they were on the Steem blockchain in January 2020 which you can find here: https://youtu.be/AejOb9lG-TQ
You can follow @3speakonline on Twitter and @TheyCallMeDan on Hive. He was banned from YouTube and Twitter.
What do you think about 3Speak? Have you used it before? Have you used Hive before? How important is a truly decentralized social media platform to you? Let us know if you have any further questions on 3Speak in the comments below and don’t forget to like and subscribe as well!
This is a LBRY first video meaning it shows up on LBRY before it gets published anywhere else. If you’re not on LBRY, sign up and get started here: https://odysee.com/$/invite/@ScottCBusiness:4
***Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated***
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You need the mindset to be rich first. If you can feel rich, think rich, and live rich, then the wealth will naturally follow.
Also, I don't mean pretending to be rich by wasting your money to appear rich, I mean living as if you were rich in terms of financial literacy and economically sound decisions. The issue with the middle class is they spend all their income to look rich while the rich use assets to pay for things they want. Before we can buy the things we want we need to acquire and hold assets. There are so many other aspects to living rich outside of wealth including spirituality, your mental health, etc. The point is that you need to reverse engineer your long term goals and if you reverse engineer how you would be rich and live like that's already the case, you will attract that lifestyle given you dedicate to it.
Let me know what you think about this in the comments below.
? You can also follow me on:
YouTube - https://www.youtube.com/channel/UCDBycVghUbnimnzqirsU1Jg
Steem - https://steemit.com/@scottcbusiness
Minds - https://www.minds.com/scottcbusiness
SOLA - https://sola.ai/scottcbusiness
Gab - https://gab.com/scottcbusiness
BitTube - https://bit.tube/scottcbusiness
BitChute - https://www.bitchute.com/channel/scottcbusiness/
Twitter - https://twitter.com/Scottcbusiness
Instagram - https://www.instagram.com/scottcbusiness
LinkedIn - https://linkedin.com/in/scottcbusiness
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LTC: MJMYVTL5iL9GvyQJcn7w7uiyUFMuSFDHke
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If you found this useful, please use my referral link to download Brave: https://brave.com/sco707
It works with every OS, uses a built-in blocker called Shields, allows you to import and sync everything from other browsers, uses the Basic Attention Token on the Ethereum network, rewards you by viewing privacy-respecting ads, use it on mobile Android devices, and take advantage of the Brave forum and engage with that community.
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6:33 - How long until Bitcoin is used as a standard for measuring value?
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16:30 - What other crypto projects is Chris interested in?
What do you think about all these topics? Is Chris right? How correlated is Bitcoin to the U.S. stock market? When will Bitcoin reach its next peak? What do you think about DeFi? Share your thoughts in the comments below and don't forget to like, share, and subscribe!
*This is a LBRY crypto first video meaning it will show up here before any other blockchain or crypto platforms.
You can check out the BeInCrypto episode on YouTube here: https://youtu.be/znmTsTgcuNU
You can access their website here: https://beincrypto.com/
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Crypto Michael and I had the pleasure of chatting about the crypto market, the global financial system, monetary policy, inflation, and how this all is impacted by COVID-19. Tune in for his thoughts on all of this.
Michael van De Poppe is a full-time trader from the Amsterdam Stock Exchange, a technical analyst, financial coach, and economics student with a love for poker and fitness.
These are some of the questions we went over:
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Be sure to follow him on Twitter and subscribe to his YouTube channel:
https://www.youtube.com/cryptomichael
https://twitter.com/CryptoMichNL
Let me know what you thought about this in the comments below. What are you most bullish on? Give a Bitcoin prediction for the end of 2020. Don’t forget to also like, share, and subscribe.
You can watch the video on BeInCrypto’s channel here: https://youtu.be/DTHHPE6Mc4A
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Check out https://puml.io/ for more information and to learn more about what they have to offer.
Let me know what you think about this in the comments below and don’t forget to subscribe!
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In this video, I walk through how I make thumbnails for my videos from scratch on Photoshop. I hope this gives you some insight into my process and that you learn something too!
I was asked by one of my followers to go through the process I take for making video thumbnails and I thought that would be a great way to teach others.
I think a lot of it is just playing around with different basic design themes. I would say a good thumbnail usually has a very legible font, contrasting colors, uses several elements, layers of depth, and is high resolution.
I would also recommend that if you include yourself in your thumbnails to take several pictures in different poses and alternate between. It’s also a great idea to find some designs of thumbnails you like as a starting reference point and then to make it your own with various tweaks and changes.
Let me know what you think about this in the comments below and don’t forget to subscribe!
? https://youtube.com/c/ScottCunninghamOfficial?sub_confirmation=1 ?
? Check out all my social platforms and relevant links ?
http://www.scottcbusiness.com
You can support me via ?
ETH: 0xE0d930a0aa8e57e037D749a868ade5682a34e88e or scottcbusiness.eth (from any eth wallet)
BTC: 3Bh49RK9GM6Q15a6q13MMfvMbrWihJMast
LTC: MRLLJe9Fywxq1f9ehjDDZNT8ar7MKx3ZS1
LBC: bVb9Hm5EjLUmmTdEypgMJAKd71J3QkUhng
NEO: ASttKYZ6moY5Wkvytc1t1YTjqMDrDR2YGT
You can also now send BTC, LTC, and ETH to scottcunningham.zil via Moonlet, Counter, or Coinomi
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#graphicdesign #youtube #thumbnail
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