Decentralization and crypto is the future. In my daily ritual of watching YouTube videos on Bitcoin, Etherium, Litecoin, and Ripple - I learned about Steemit and thought this would also be a good platform to share my content. My cousin, @ejaycruz7 and I may collaborate as he's also into Investing and Real-Estate in SoCal.
This is my first tutorial video on Crypto on Youtube:
I'm currently in the Software industry in Silicon Valley and even among my peers, a large percentage of them still haven't looked into Crypto related technologies. In order to learn it, I try to teach it. Hopefully you'll find my content worthwhile to follow.
I try to keep in shape by swimming, running, and biking. And I love spending time with my family. I used to blog before blog was even a term on my own website. Now I have an incentive to keep posting!
Feel free to follow me
Here's my Bitcoin Primer I send to anyone interested:
1 BITCOIN = $12,800 as of this post (but you can buy a part of one since it’s divisible by 8 decimal points)
For the people who still don't understand bitcoin, please do your research. You will never have an opportunity like this ever. Keep accumulating gold, silver and bitcoin and you and your family will be sitting pretty for life. The future economy will be digital and decentralised. Besides financial health, we need to invest also in mental, emotional and spiritual health, but once covered your physical needs, everything else becomes much easier. Get some bitcoin now, it will continue to increase in value for decades to come, since it's limited and ever more useful for more and more applications. There's 4 Billion unbanked in he world, 16 million Bitcoins of which it's estimated between 4 and 10 million are lost. All the millionaires in the world will not be able to own a whole Bitcoin.
https://www.weusecoins.com (Nice reference for beginners)
Start out with this. It isn't about Bitcoin, but it talks about why we are in another financial bubble:
How to Value Bitcoin:
S-Curve Adoption: https://imgur.com/a/3UA7s#uX6xPGM
A balanced view of Bitcoin:
Intro to Bitcoin (Andreas is a good to follow on youtube):
Bitcoin talk on Reddit:
Where to buy bitcoin:
You get $10 if you buy $100 (I get $10 too):
I also do cloud mining:
My Public wallet (think of it like an email address):
But can bitcoin really make everybody rich?
Rick Falkvinge: No. Bitcoin cannot make everybody rich. Bitcoin right now is a huge wealth transfer to those who understand its implications early on. The last wealth transfer of this magnitude was around 1850, and it was about those who’d found oil. There’s a huge wealth transfer going on right now - where those who used to be poor, nerdy, geeky, sitting in their mom’s basement, if you like, are suddenly the new millionaires. And that, perhaps more than anything, is going to have a profound effect on what the future of our society looks like. Because for the last 200 years or so, it were the people who found oil that decided where money went, what research was made. And when the geeks and nerds are sitting on that money and deciding what research gets made - it’s not going to be a better diesel engine. It’s going to be a better solar panel, it’s going to be teleportation, space travel... I think that is going to be one of the more profound changes happening here. A wealth transfer to an entirely new type of people.
Why I like bitcoin:
- Bitcoin Gives Financial Power to The People; Takes it Back From The Banks.
Before Bitcoin was launched in January 3rd, 2009, the modern world had never ever had a financial system without total control by the banking industry. You can go back for several hundred years since receipts were issued in lieu of gold deposits, banks were in control of everything. Only banks knew how much gold was or wasn't in their possession, which has led to the current biggest financial ponzi scheme ever created, "Fractional Reserve Banking".
You can have real economic power on a peer-to-peer basis. (But how do i pay my bills you say? Well, any merchant that accepts Bpay or Visa for example, you can also convert Bitcoin to pay.) But at least with Bitcoin, you have that option, for the first time in modern history, to be truly free from the banking system.
Bitcoin presents a Real existential threat to Kleptocracy, and Thus will help drive True Free-Market Capitalism.
People who think that Bitcoin is Anti-Bank, Anti-Government or Anti-Capitalist, is fundamentally mistaken about the concept of what comprises blockchain technology, (the underlying technology that Bitcoin is based upon), or what its true purpose or value is. Firstly you must understand that Banks are only interested in a “Zero Risk” regulatory environment, where they can Privatise All of the Profits, and Socialise All of the Losses. That is not Capitalism, that is Kleptocracy, and that is why the Banks (and some MSM, looking at you too Guardian) are facing their biggest threat by responding with fake lies, claims and rants designed to pressure for further regulatory intervention on Bitcoin, before more market share is lost from the global financial fraudsters. “Zero Risk” Capitalism is just another perverted form of Corporate welfare.This is why Bitcoins innovative and agile technology model, better represents free market ideals “With Risk”, that will eventually overwhelm the bloated and stagnant financial services we have today. And If not Bitcoin, I have no doubt it will be a faster, more powerful, crypto asset relative.
Bitcoins Appreciation Will Always Trump Dollars Inflation
Firstly if you believe that inflation is the price of goods and services rising over any period of time, then you would be incorrect. That is the effect, not the underlying cause. (Although I am a fan of The Merovingians analogy of cause and effect). Inflation is created from the Global Reserve Currency (USD) continuing to increase in circulation. This is a terrible policy, as the more dollars that are in circulation, the less each dollar is worth. Economic policies such as Q.E of a Trillion dollars by the US Federal Reserve will lead to real world inflation of 5% or more. Although the Government will try and tell you it’s 2% or less. They have plenty of ways to game the system and keep the people ignorant.
Bitcoin on the other hand is a Deflationary Currency. It has a set amount of Bitcoins in circulation, with 12.5 Bitcoins added every 10 minutes, and capped at a maximum overall of under 21 million. This forces Bitcoin value to increase based on standard supply and demand economics. As more people enter the Bitcoin ecosystem, the higher the value increases over time. Unlike the US Dollar which has LOST VALUE Every Single Year since WWII. This concept of “Appreciation” is completely foreign to people who are brought up to use fiat currency, as they NEVER rise in value. Fiat Currencies are designed to be debased by the Banks and Government, this is of course great for them, but not so much for the little people.
When you cash out tips: https://www.reddit.com/r/Bitcoin/comments/7fvoxh/guys_i_am_out/
Not about bitcoin, but it shows how the banks screw us over: https://www.netflix.com/title/80075560