How to get your ATM to knock on your door ♻︎

in cryptocurrency •  4 months ago

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It is possible to build a network of human ATMs by teaching others crypto.

The number one question I get asked here is 'how do I convert my crypto earnings back to cash?' and whilst there are many answers to this question, there is only one which aids the organic growth and liquidity of your assets quite as effectively.

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My story

I have been living free from the banking system on Steemit generated crypto for over a year now and I have a number of options if I want to get my hands on local currency:

Exchange centers

In Bali I was lucky to live near a BTC exchange shop we would visit once a week to sell BTC for Indonesian Rupiah. Now that we live in the South of France my nearest BTC exchange shop is in Barcelona, three hours from here. So, I have been conscious that another way needs to be found.

Localbitcoins.com

Using the forums on this site I can find people in my region who are willing to sell me their Euros for BTC. For the best rate (and most interesting experience) it is always advisable to meet the people face to face. Anonymity can be retained, the transfer can be made and knowledge can be shared.

Localbitcoins.com also offers an escrow service for those who prefer to have the money sent directly to their bank.

Banks

It has been many years since I had a bank account. I am able to survive this way because my partner has one. So, if we were prepared to accept the extortionate fee, exchange rate and lengthy banking system transfer period, it would be possible to resolve the problem without leaving our home.

There are a growing number of websites which connect our banks to our crypto wallets. But this convenience costs you your anonymity and a hefty percentage of your transfer.

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A better way...

Before I found Steemit I would introduce myself as a filmmaker. These days I introduce myself as a crypto investor and it immediately filters out those who are ready to listen & learn... and those who are not.

Two days ago I met an English woman who lives in our village and introduced myself in this manner. This morning she knocked on my door and asked how long it would take to gain an understanding of the basics. We agreed upon two 3h sessions and her next question was like music to my ears :)

"How can I buy BTC with my Euros?"

The answer to my own question came knocking on my door because I am prepared to help others begin their great journey into our future money system.

My new friend runs a guest house so she often finds herself in a situation where she has spare cash. We agreed that whenever I need money I will simply walk across the road and get it... paying her in BTC.

She has become my human ATM and even better than that she is prepared to pay in BTC for the time I spend with her sharing my crypto knowledge.

As a believer in Law of Attraction I have enjoyed the feeling that I somehow manifested this as an answer to a question.

Just one month ago I posted my intention to start taking students in the beautiful setting where we are currently living...

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...and my first student didn't even read the post.

Even better she comes with a list of English connections living in this region, many of whom will be wanting the same introduction course.

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Be enthusiastic

Much of my success is in this area of my life is down to my evident enthusiasm for crypto. I don't hide it. People feel my energy and they want in on the action.

This is not the first time my ATM has knocked on my door 😉

Why not Steem?

When I teach people about crypto for the first time I tend to focus on BTC. People are very interested to learn more about Steemit of course, but they must first learn how to buy and sell BTC.

Once the basics are understood, getting to grips with Steemit will be a much more enjoyable experience.

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If the whole crypto system were not designed around BTC there would be no reason to teach about it and I could use Steem as the entry point.

Ultimately Steem is a much better medium for this purpose. With scalability tried & tested, transaction times amongst the fastest and best of all, 100% free between Steemit accounts there can be no rival.

I read an article by @cryptoctopus yesterday in which he stated

the Steem blockchain remains the #1 most used blockchain in the world! (with over 40% of all blockchain transactions every single day - source here)

With this in mind, the glory days of Steem may be closer than we think 🎉

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Those of you who are new to crypto will benefit from reading this post in which I list many useful websites.

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Who is @samstonehill?

He was a London based filmmaker until he sold everything and set out on a barefoot journey around the world, currently based in the south of France.

He is travelling the world with his partner & two children and with no bank account he has been living on STEEM & crypto for over a year.

All content created for this account is 100% original (unless otherwise stated), produced by @samstonehill who invites you to use & share freely as you wish.

@samstonehill is the creator of:

@steemshop account where you can buy or sell anything you like using your steemit wallet SEE MORE

@steemmasters which provides FREE TUTORIALS, personal training & resteeming services. Website HERE
Contact me directly on steemit.chat if you want to know more about this

@steemholidays which encourages resort owners to offer holiday packages in Steem or SBD

@steemtv which aims to provide the best in decentralised films, exclusive to Steemit & DTube

The dailyquotes tag initiative designed to encourage steemians to share their most life changing quotes with the community on a daily basis.

The Aspiring Steemit Whales & Dolphins group on Facebook which seeks to help newcomers make the transition from Facebook to Steemit, providing them with detailed notes and personal assistance with their posts... resteeming them when he can.

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Here is a list of Steemit Witness I have voted for & recommend you do the same:
@teamsteem @timcliff @jesta @good-karma @someguy123 @blocktrades @pfunk @klye @krnel @blueorgy @ausbitbank @thecryptodrive @ura-soul @pharesim

Without them our beloved Steemship would not fly.

Learn what this means HERE and place your vote HERE

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All non original photo sources can be found by clicking on the image

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Great story and the best of both worlds for you and this lady - not sure if it's anything like in the UK (you're in France right?) but it 'costs' to deposit spare cash in the bank as a business so this is a great free way for her to exchange her cash for an asset.

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Yes, we are in France and I'm pretty sure banking rules will be similar to the UK. So, win win all round ;)

I'm beginning to get it about the law of attraction. I noticed that last year many things that I knew were going to happen, actually did. I couldn't imagine how. For instance, in 2015, I knew I'd be attending school in Europe. In Fall 2016, I saw the fellowship notice and in 2017 it happened. Its funny how things just work out...

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It begins as a subtle shift in our vibration. But the effect can be so powerful. The funny thing is... even if we can imagine the how, it never turns out the way we imagine it. Better to let go and simply know that it is coming.

Always forget you are in the fellowship! Nothing like a bit of sobriety to get to grips with Law of Attraction. It sure did the trick for me :)

Creating these paths for crypto to flow easily to a fro the places it is needed is the real trick. waiting for middle men to establish gateways is one way. Your direct peer to peer human atm is the real ticket. love it!
P.s. i am back in Guatemala and still working toward making links with hotels that accept crypto. i have found 3 more hotels. bring the total of hotels that i know of in Guatemala that accept crypto to 6.

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Hello again! Great you are finding more and more hotels. Thanks for keeping in touch over this.

The lady I mentioned in this post is also now accepting BTC. The aim of course is to get these people onto Steem/Steemit though I can see how it takes a fair bit of commitment on our part to get this done.

Had a flick through your DTube account and loved what I found there. You've inspired me to pick up my camera more and get the family involved!

nice post i too have been teaching people in Tanzania how to use steemit and have formed a community its nice and free and has alot of potential for future source of entertainment and income at the same time .

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Great to hear this! I have friends in Zambia I have also been teaching :)

Exciting time for many people around the world...

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well can i join you in our whatsapp group it would motivate members even more with that reputation
we can talk on telegram https://t.me/cryptonian3

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Sorry. No phone at the moment. Am taking time off from certain parts of my life. Learning moderation ;)

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okay could you delegate me some SP please

that's a great story, I had a doctor move in next door once and that came in handy when my wife sprained her ankle on Christmas eve.

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Something I've noticed about these situations is that they spring forth from our intention to be friendly with other people. The more friendly we are the more we learn about them and the more potential there is for being of value for each other...

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A stranger is just a friend you haven't met. I've always depended on the kindness of strangers.

i suppose it's an option but not for everyone

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Not for everyone true. But if one keeps an eye out, one never knows when the right person will suddenly pop into sight.

Beautiful bitcoin and i love bitcoin.
Thanks for sharing update proving crypto currency news....

Wow! Such an inspiration from your story! Thank u, upvoted!

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Spreading the word about Bitcoin and other cryptocurrencies, will push the value of them. I realised that raising awareness about what we do, it's changing the game. I am in Cambodia for the first time ever, let's see who wants to learn about these technologies

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Excellent! Enjoy Cambodia ;)

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
ATMATMChain0.004$12.9%-4.2%
BTCBitcoin8057.400$-3.68%-9.19%
SBDSteem Dollars2.185$-8.44%-9.86%
STEEMSteem2.767$-5.84%-6.59%