Why Smartcash Is Such A Smart Move Right Now, SmartCash Rewards Pool Update

in #cryptocurrency6 years ago

smartcash.jpg

I was recently thinking about the reason why cryptocurrencies in general are so popular at the moment. I believe it has something to do with the ability they have to gain in value relatively quickly. Of course, they can drop in value too. But mostly we are valuing cryptos in terms of fiat currency eg the USD. So how stable are fiat currencies? Probably more stable than cryptocurrencies if we are looking at the exchange rates. But there is a catch to that...

You see, the best kept secret about fiat currencies is that they are steadily losing value in relation to real world commodities such as fuel, food, housing, etc, the stuff that we need to run our daily lives. But we tend to view that depreciation in the dollar as inflation of those commodities, when in fact it is the steady erosion of purchasing power caused by the Fed's zero interest rate policy which has caused our economy to become a debt-based economy. (I live in Australia by the way, but the same principle applies because all western economies follow the US economy)

In short, we borrow because we have not, and we have not because we borrow. And the more cheap credit is available to the masses, the more this is likely to continue. But there is a cost to this incessant flooding of the economy with "cheap" money. The catch is that the value of our currency has to drop. It's simple supply/demand logic. When the supply of money exceeds the demand, the value of money drops. And so we need more of it to buy stuff.

And that's where Smartcash steps in to ease our financial woes. What I have been discovering from my recent crypto trading experiment on Crypto Bridge, is that if you stick to the rule of buying low and selling high, you can increase the value of your account, maybe not in actual number of crypto units, but in terms of value in comparison to the dollars we use in everyday life. And I have to hand it to Team Smart Rewards, they keep coming to the party with great rewards for those who are loyal to the Smartcash brand.


I have to provide an update here too, about the Smart Rewards Pool that I was planning to launch on April 25. I am afraid I had to put the Pool on hold this month, as we just didn't have enough interest to get the 1000 SMART together to form the Pool. We weren't far off, but I really only got interest from 3 people who were willing to commit. They were quite generous in their pledges too, but somehow it didn't come together.

https://steemit.com/steemit/@auskiwi/smartcash-smart-rewards-pool

So I want to make sure that the Smart Rewards Pool happens this month, by emphasizing the value of small amounts of Smartcash. I believe that there have to be a lot more people out there who could benefit from a Smart Rewards Pool, but maybe people are thinking, I don't want to risk tipping 50 SMART or 100 SMART to a complete stranger who I don't know from a bar of soap.

Here's what I am proposing guys. This is so easy. This is a 3 step plan for making yourself some money. And it kills 2 birds with one stone. You are making an investment and also promoting that investment, ensuring that the Pool goes ahead in May.

Step 1: If you are not already a member of Team Smart Rewards, go to the link below and leave a Comment to join the team.

https://steemit.com/smartcash/@smartcash/45qqnt-team-smartcash-on-steemit-weekly-prizes-and-new-team-members

Step 2: Mention Smartcash and the Smartcash Rewards Pool in a Steemit Post, with a link back to this Post.

Step 3: When Team Smart Rewards tips you 30 SMART for writing the Post in Step 2, send me an @smartbot tip. That tip will be added to the Smart Rewards Pool and will accumulate interest starting from May 25.

I will also send you a tip of 0.001 SBD to acknowledge your investment, and will send you another tip after June 25 telling you how much interest you earned. At that point, you can choose to either withdraw your investment or reinvest it for the following month. If we get enough people investing, ultimately I'd like to set up a second Pool, one that is not just for one month, but keeps running month by month, to get around the problem of having a gap between Pools (if any amount is withdrawn from the Pool after June 25, we have to wait until July 25 to start earning interest again).

https://smartcash.cc/what-are-smartrewards/

It's real easy, after you get a tip from @smartbot, you can tip others by leaving a Comment. It's all Steemit-based. You don't even have to have a Smartcash wallet right away. When you are ready to spend your earnings you will need to get a wallet and withdraw your @smartbot tip to it, but joining Team Smart Rewards and making money is as easy as Posting on Steemit, and if you are already a Steem user you are already doing that anyway.

So yeah, just follow the 3 steps above, all it will take you is 5 minutes of your time, and you can earn the equivalent of about $5, and invest that in something that will appreciate in value. It's a no-brainer, really!

Please Comment below, then Upvote and/or Resteem if you like this idea...

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smartcash scares me...
it seems like everyone promoting it, is doing so just because they have a masternode...
seems like no real world use is going on.

If I am way off point here can you convince why it is so good ? without the marketing fluff ?

It's an opportunity to make some money as I described above, that's all. I have already used my profits earned from writing Posts, not only to purchase goods online, but also to trade on a decentralized exchange and make profit. If you browse through my Posts you will find articles on that. The whole point of these online currencies is they are easy enough to swap one for another, but earning online is easy with Smartcash, that's why I am into Smartcash. It's the same with Steemit, you can earn online, much easier than mining and at no cost except for your time. When it comes to spending, I just swap the Smartcash for Dash, which can be used to buy Amazon gift cards at a 15% discount at Bitcart.io. There are also other websites out there that allow you to buy other local retailer gift cards using Bitcoin. Same principle there, just swap the Smartcash for Bitcoin and cash out. Or you can just buy and hold. Smartcash seems to go in cycles. It has been up way high in the past, over $2 a token, but right now it is really cheap to buy so there's an opportunity to increase in value. And because it is down at about 15 cents, it allows for much higher percentage gains. You try and get a percentage gain of say 20% with Bitcoin, you'll be waiting a long time. With Smartcash, 20% of 15 cents is only 3 cents. That could happen in a matter of days or weeks. It's just simple maths. You can do that with other penny cryptos of course, but what is good about Smartcash is that it has an active community so is not going away. As long as people are actively buying and selling a currency it won't go to zero.

awesome thanks for the info. I will read through your articles.
I didn't know you could make smartcash posting.
Thank you for the intelligent post. I am trying to learn.

it seems like everyone promoting it, is doing so just because they have a masternode...
seems like no real world use is going on.

Is any coin yet though?

The masternode owners promoting the coin and earning rewards is the entire backbone to why SmartCash is strong. A strong, decentralised network is the basis for real world use.

With masternode owners (and regular any user who owns the coin) having the ability to earn rewards by helping to market SmartCash, this just adds to that base that will lead to real world adoption.

The fact we see and hear SmartCash all over the internet is all thanks to those masternode owners and the structure of the coin that sees promotion as so important.

I think it's a good thing. Thoughts @auskiwi?

ok. I am trying to learn.
I was trying to get into a different coin a while back that was smartnodes and all the coins were tied up in the nodes and it basically became a zombie coin.
Thanks for the info it gives me something to think about

Which coin was that, can I ask?

It has really taken the currency issues out of Cryptocurrency!

Σ$$$ Tipped @auskiwi Σ30 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.153 USD per SMART. Current value of the tip is $4.59 USD. To find out more about SmartCash, please visit https://smartcash.cc.

@smartbot withdraw 60 SaiQEMMz8YJj8VBuN4RTYw6jTmL9E7e15U

@auskiwi: Σ59.99 SMART has been withdrawn from your account to SaiQEMMz8YJj8VBuN4RTYw6jTmL9E7e15U. You have been charged Σ0.01 SMART withdrawal fee. Transaction 8bb1b897d6a37e369d55b358e0235df54d5d55f22a870ac21f9417f81188eb77 is now completed. To monitor the transaction status click HERE.

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