Today we'll take a look at something very fascinating named Capitalist Exploits. What is Capitalist Exploits? Who is it for and might it be something for you? These are some of the main questions this quick review will assist you answer! Product: Capitalist Exploits Website: www.capitalistexploits.at Owner: Chris MacIntosh Price: Free membership Who is it for: Investors from all backgrounds Overall rating: 4.9 out of 5 stars (4.9 / 5) What is Capitalist Exploits? Capitalist Exploits is, in short, a popular e-newsletter that has a subscriber base of over 20,000 investors, hedge funds, professional cash managers, and many other clever investors worldwide. It presents you with insider tips and additionally international buying and selling “signals and calls” that you might choose to use yourself to maximize incomes potential, and more importantly reduce your risks of loss. The carrier is all info, there is no software that will exchange for you or anything like that. You are going to have to open your very own brokerage account to perform trades that are counseled to you. Capitalist Exploits Reddit - Details The service is incredibly praised by revered and very successful buyers and has also been featured in Business Insider, Market Watch, etc: It is a special service amongst the many “similar” services out there, however, Capitalist Exploits separates themselves from their friends with their “investing service constructed for this moment in history” approach. Simply put, their carrier is providing a answer to the need for seeing thru the “unstable” times we are in, with political and financial destruction between nations, and to know what strikes need to be achieved in order to not get misplaced in the financial storm… Visit Capitalist Eploits website here Who is the owner? For these of you who do not know, Chris is about as legit an investor as you can get. Here’s his story in 6 bullets:
Came from a humble history in South Africa
Paid his way through a regulation degree in London by means of working his way up an investment financial institution & trading Started a real property business on the facet which quickly surpassed his revenue from the bank and gave him extra capital with which to trade (he was once 21 at this time!)
Settled in New Zealand, built up any other real property business that he bought just prior to the 2007/8 crash, at a 64x return on investment
Started a task capital fund, invested $35m into early-stage companies from round the world
Sold that, and started a fund, and opened up the lookup he was doing to readers of his weblog – this is the Insider subscription.*
He is one of these rare cash managers that are entrepreneurial, he’s one of the sharpest guys you’ll ever meet, and he has one hell of an impressive network. The actual deal. Not some manufactured guru, the likes of which litter the internet everywhere. How does it work? In short, the Capitalist Exploits internet site is a meeting area for investors, below is an precise excerpt from the About page on the website: "So on this website online you will find some of the techniques used by myself and these of my close colleagues, many of whom are family names in the investment business, and nevertheless others who keep a an awful lot lower profile. These are techniques which have led to my own admittedly excellent and often stunning (for me) successes. In addition I cover some of the classes learned from collective failures, in the hope that I don’t repeat them and you by no means trial them. As you can tell by way of now, I’m first and foremost an investor. My faith is that it is more necessary than ever to keep our eyes open to possibilities all over the world in order to succeed in the difficult economic and political surroundings we live in. My funding agenda is very simple: to find a domestic for my capital to earn the best feasible return." Products and Services offered? First of all, there is a lot of free info for participants to take part in, and the membership is free. SIGN UP FOR THE FREE NEWSLETTER HERE However, if you favor to go deep and potentially be very profitable then there are 2 predominant services presented to you. Insider and Resource Insider, which is a service for extra sophisticated traders who want the great deals that exist in the mining and metals space. The free fabric consists of things like: Consistent evaluation of asymmetric possibilities to help you navigate the very distorted markets of today Different hyperlinks to related buying and selling services (recommended brokers, readings and how to create offshore entities, etc. And greater supporting and academic material. Join for free - you can upgrade any time. The INSIDER material consists of matters like: Trade Alerts (Get email and/or SMS indicators on “Hot trades” that the pros are doing so you can do the same Existing Portfolio (A listing of all “buy-rated” alerts and data on when the service is closing the trades). Investor Forum (Connect with like-minded in the insider chat room the place more than 450 individuals are active. Newsletter (One time per week you will get a review of the precise trades and opportunities the insiders are searching at, there is also some bonus pointers shared to you here. Live Q&A – Live webinar with Chris where you get the threat to ask your questions live Video Insights Database (Get access to over 300 movies that answer questions on investing. Educational Resources (A vast selection of beneficial reports and step-by-step courses on different alternate topics from A-Z (Includes Bitcoin trading). Access to Guru (The identify says it all, this is your customer provider function that approves you to get access to Chris and others in the staff. The membership charge is $1,575 per year as lengthy as you want to continue to be a member. The RESOURCE Insider material consists of matters like: Service targeted for permitted investors with at least a internet worth of one million dollars. Access to the most thrilling private deals in mining and energy gold, uranium, you name it! Here you will get all kinds of commodities and resource possibilities delivered to you. Private Placement Deals (You will be provided with at least 10 personal placement investment choices per year, each deal will have a minimal investment vary between $2,000-$10,000). Insider Ideas (Get access to a lot of economic and technical research, bonus stock picks, special content in popular and site go to reports. Networking Opportunities (Make connections with like-minded, and when you are part of a neighborhood of people like you, authorised investors with comparable goals then you acquired a new network that is accurate for all involved). Access to the service specialists (As with the Insider membership you got direct get entry to to both Chris and Jamie Keech, the two provider gurus. They promise that members will see fantastic benefits from them each and connect with their networks as well. The membership charge is $3,499 per year for as lengthy as you want to remain a member. 30 Day FULL Money Back Guarantee. Yes, that is right, you are backed by a full, no questions requested guarantee. So, if you for some reason would now not be happy with your membership and carrier you get you will get your full investment again with no questions asked. That is how confident Chris is that you will recognize the service. This is, of course, a big plus (at least in my book) and some thing that I respect a lot, as many comparable services do now not offer this kind of guarantees. It really says a lot about the great if you ask me, as the owner (Chris) is very confident, and stands at the back of his own product to a hundred percent. Is Capitalist Exploits a Scam? So, is Capitalist Exploits a Scam? No, of direction not, it is not a scam. It has a actual physical proprietor that doesn´t hide, but as an alternative stands behind his product to a one hundred percent and that is almost constantly what separates a scam provider from a real and legit one. Capitalist Exploits is not only a legit service, however it also looks like a very good one. This leads us to what their customers have to say about them: Reviews, ratings, and complaints on Capitalist Exploits It is always sensible (and recommended) to look at what the most ordinary and trusted evaluate and rating websites have to say about something you are involved in, to get a better ordinary picture of the excellent of the particular service. Sign up for the free newsletter: CLICK HERE.
IamA High School drop out that had a million dollar bet with his parents that if I made a million before I'm 18. I did not have to go to college! I won! AMA!
Hello Reddit! You may have seen me at the top of /technology the other day and I got a lot of messages telling me to do an IAMA about this article on CNBC so here I am! So I made a bet with my parents that if I turned 18 and was a millionaire, my parents wouldn't force me to go to college. I’m proud to say I won that bet! Thanks to some clever investments, making money from projects, and as is the case with everyone who has any kind of success (or even failure) a little bit of luck. Here’s the story of how it happened: When I was 12 years old in May 2011, my older brother showed me this technology that I fell in love with and found fascinating. The technology was called Bitcoin. At that stage in life I had a $1000 saved up, solely a gift from my Grandma to use for my scholarship fund. It did not go to my scholarship fund. I asked my brother to help me put it into Bitcoin at $12 because I knew it would be huge in someway. At that point I had about a 100 bitcoins. I continued to do ‘day trading’ buying low and selling high over the coming years as well and reinvesting the money. Fast forward to when I was 14 in high school I was not enjoying school. I was in a small town in Idaho living on a llama farm. So the quality of the school system, was let’s say, not the highest grade. I found the classes to be boring, valuable to some people, but at least for me boring and teaching me in a way that didn’t make sense to me. Lessons that did not seem applicable in my life. My teachers would constantly criticize people in the classroom. Especially me. One teacher told me to drop out and work at McDonald's because that was all I would amount to for the rest of my life. Another would force us to read other student’s grades out to the rest of the class to shame them for failing. Another roasted me (me in particular) for the full hour of class. No teaching. It was literally the “Roast of Erik Finman”. Which now seems kind of funny actually but still very bad to do. I went to a summer program to prepare me for the next year and found the best teacher ever in my life that changed my life who was from the UK. I got an A+ in advanced physics when I got a C- in basic physics the previous year. With that knowledge. Since I didn’t have access to good teachers in my small town in Idaho. I wanted to fix it. So I learned how to code and created an educational website that would allow you to connect with Tutors/Teachers/Mentors online over video chat to teach you any subject you wanted to learn. You could search for Spanish. And find someone to teach you from Ecuador. You could type in programming and you’d find a CS college student that is trying to pay tuition by doing this on the side. Or a retired expert who is a veteran in his field that just wants to impart his knowledge onto others. It became very popular in the local community! I told my teachers about it, but they did not like it because it felt like competition. Maybe they thought they might have to do better? At this point I was 15 and this got some initial traction and I was using it to teach myself. I asked my parents to let me drop out of High School to focus on this because I was miserable in school. They agreed and were supportive, but they made a bet with me that I can drop out of High School, but I have to go to college if I don’t make a million dollars by the age 18. I agreed and I dropped out of High School to work on this. A little bit after I dropped out of High School, and I had traction with my project. Bitcoin was shooting up! It was going big! $800! $900! $1000!!!! So I sold a lot of my Bitcoins which resulted in me gaining a $100,000. I used that money to put into my business so I could hire more professional programmers and I moved to Silicon Valley. I even caught the attention of Alexis Ohanian of Reddit because his book at the time Without Their Permission is what got me started. He helped me in many ways! Fast forward to early 2015. Eventually I found a buyer for the companies code & technology in January 2015. The investor offered either $100,000 or 300 bitcoin, which had dropped in value at that time to a little more than $200 a coin. I took the lower cash value bitcoin deal because I believed it was the next big thing and an official buyout would’ve been very difficult for someone under 18 and it was good tax planning to use Bitcoin. Also continuing to do day trading on a daily basis. I used some of that money in the coming years to travel the world. Going to London, Dubai, Australia, and more! I used that to start a VR company using crowdfunding and that did well. I shipped all those out. It was incredible! Now I’m doing a satellite as part of a NASA award which is launching in November out of New Zealand! I'll probably do another post about this soon because it's so cool. Elon Musk has always been hero of mine. He's such a talented guy changing the world with Tesla and SpaceX. I'm a great admirer of his and respect him immensely. He's the closest we have yet to a real life Iron Man. But who knows maybe I'll beat him one day haha ;-) After all we stand on the shoulders of giants right? haha that's a big goal though and I say it as such. It’s been a fantastic few years! I’ve used that money to learn how to do a business, invest, and learn about the world! I didn’t do investing all the time and I used that money to build things that I thought were important! I haven’t done everything perfectly, no one has! I’ve made some humbling mistakes, but had lots of exciting successes! I’ve really launched my career in exciting ways and have met mentors that help me and advise me along the whole way! Which I’m so thankful for! I’ve learned so much outside the education system and have been so much happier. Although I’m unique, I’ve met many many people that weren’t satisfied and unhappy — ranging from students with the lowest and highest GPAs. My GPA was a 2.1 in school! And I’m happy I’m not going to College! College wasn’t for me but it was the ‘life path’ you are supposed to go on and I did not want to go nor felt it would’ve helped me too much in life — especially the $250,000 in debt! Or $249,000 with my scholarship fund if I had not used it on Bitcoin and my projects ;-) I really believe the education system needs to be reformed and I think technology is the way to do that. I think it’s wonderful how society allows you to be a ‘student’ so that you can learn for many years and that’s your full time job. The infrastructure would just ideally be much better so you could do that without being in sometimes a bad environment and crippling debt. I can say today that I own 403 bitcoins which is currently valued at $1,092,678.08 with the price per Bitcoin being at $2,711.36 plus some other money invested in other things. Can’t have all your eggs in one basket! So I won the bet! If you have any questions let me know! And if you want any advice on cryptocurrency or your own educational route, or anything else let me know! Also on reddit! People have made Pepe memes of me! I feel like I've finally made it: http://imgur.com/gallery/06dWK If you want to keep updated with everything I’m doing! Follow me on twitter! Proof: Proof of the bet: http://www.cbsnews.com/news/erik-finman-botangle-after-100k-bitcoin-score-15-year-old-creates-startup/ Travel proof: http://imgur.com/a/kvlzR Proof: I went through rigorous proof verification and fact checking with CNBC as you can see with this article. I keep my Bitcoin is super secure places spread out across multiple wallets across multiple machines. I'm so paranoid after all this media attention someone is going to steal it all! haha Proof of growing up on the llama farm: http://imgur.com/gallery/6scF5 ---- ASK me about the time the llama came into my house! Proof of the 100k initially made: http://mashable.com/2014/06/10/botangle/ Proof it's really me: http://imgur.com/a/zc3eu Edit: Wow! Thanks for the gold guys! Edit: Was on for the first few hours of the AMA and had a meeting to go to and I just came back now to see all these great questions! Questions I all have answers to! I will respond to them tomorrow as it's midnight here now. Edit: That's it for me! A lot of great questions and a lot of great feedback.
Hi Bitcoiners! I’m back with the 32nd monthly Bitcoin news recap. For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you an overview of what happened in bitcoin over the past month. You can see recaps of the previous months on Bitcoinsnippets.com A recap of Bitcoin in August 2019 Adoption
Yes, Bitcoin was always supposed to be gold 2.0: digital gold that you could use like cash, so you could spend it anywhere without needing banks and gold notes to make it useful. So why is Core trying to turn it back into gold 1.0? (112 points, 85 comments)
In October 2010 Satoshi proposed a hard fork block size upgrade. This proposed upgrade was a fundamental factor in many people's decision to invest, myself included. BCH implemented this upgrade. BTC did not. (74 points, 41 comments)
what do the following have in common: Australia, Canada, USA, Hong Kong, Jamaica, Liberia, Namibia, New Zealand, Singapore, Taiwan, Caribbean Netherlands, East Timor, Ecuador, El Salvador, the Federated States of Micronesia, the Marshall Islands, Palau, Zimbabwe (47 points, 20 comments)
BCH is victim to one of the biggest manipulation campaigns in social media: Any mention of BCH triggered users instantly to spam "BCASH".. until BSV which is a BCH fork and almost identical to it pre-November fork popped out of nowhere and suddenly social media is spammed with pro-BSV posts. (131 points, 138 comments)
LocalBitcoins just banned cash. It really only goes to show everything in the BTC ecosystem is compromised. (122 points, 42 comments)
The new narrative of the shills who moved to promoting bsv: Bitcoin was meant to be government-friendly (33 points, 138 comments)
PSA: The economical model of the Lightning Network is unsound. The LN will support different coins which will be interconnected and since the LN tokens will be transacted instead of the base coins backing them up their value will be eroded over time. (14 points, 8 comments)
94 points: ThomasZander's comment in "Not a huge @rogerkver fan and never really used $BCH. But he wiped up the floor with @ToneVays in Malta, and even if you happen to despise BCH, it’s foolish and shortsighted not to take these criticisms seriously. $BTC is very expensive and very slow."
91 points: cryptotrillionaire's comment in The Art of Rewriting History ... File this under Deception!
87 points: tjonak's comment in A Reminder Why You Shouldn’t Use Google.
86 points: money78's comment in Tone Vays: "So I will admit, I did terrible in the Malta Debate vs @rogerkver [...]"
83 points: discoltk's comment in "Not a huge @rogerkver fan and never really used $BCH. But he wiped up the floor with @ToneVays in Malta, and even if you happen to despise BCH, it’s foolish and shortsighted not to take these criticisms seriously. $BTC is very expensive and very slow."
79 points: jessquit's comment in Ways to trigger a Shitcoin influencer Part 1: Remind them that’s it’s very likely they got paid to shill fake Bitcoin to Noobs
78 points: PaladinInc's comment in The BCH miners are good guy heroes!
A question to the NEM Dev’s The age of extinction. (Feel free to delete again Nem)
This will be a too long didn’t read for many but for the few enjoy. I and my three friends were caught up in the age of extinction and were awarded 2 of 4 accounts when the NEM dev in charge couldn’t decide if we were 4 guys or 1 guy with sock puppets. This was after providing all information and proof that was requested such as linked in accounts and Facebook accounts that were never verified (Ie never messaged) by the dev in addition to volunteering to provide any additional information that could prove definitively one way or the other that we were 4 guys. (an offer which was repeatedly ignored as can be seen in the below emails) So the question, has the dev team ever considered actually bringing someone in to review the information in an unbiased manner to determine without a doubt that legitimate NEM supporters weren’t turfed? After all the accounts are all still sitting in the development fund so they are there, and the Nem tokens still do exist so they could be issued in order to ensure that the fair egalitarian thing is done. In our case it came to a coin toss Also my offer still stands we are willing to all prove that we are real live people who all went to university together who lived in residence ie the same home together and all went to Vegas together as well as any other evidence that you require to prove that you made a mistake. Ps when are we getting the silver coins…. “original Nemians will get this” For amusement sake I have included the bitcoin talk emails between my group patmast3r and makoto1337 so if you are all bored feel free to read and watch a little begging a little banter and what became a growing frustration. But if you do manage to read it all you will see that in the end offers of proof were ignored and that makoto1337 wasnt really sure. Oh and if a dev wants to actually read them in btt I would be happy to show them. Now the facts: Me and my friends provided all information that was requested of us. We provided linked in account and facebook accounts upon the dev teams request however no one was ever contacted ie messaged to verify if they were legitimate. We offered to provide any additional information that the dev team could think of to prove that we were legitimate. If we were sock puppets having survived the first few rounds of culling why didn’t we take the early tokens that were offered and run, why did we stick around for the additional rounds that the devs made clear were coming? Now to answer some questions that will be forth coming. Why didn’t you guys bring this up before, we have tried however there has never really been a public forum in which I might get a legitimate answer and until recently did not use reddit as you can see from the age of my account. Why were all of your IP addresses different if you lived in the same place? The answer is that we all lived in the university residence (which we can prove) and we all ran vpn’s because we like a diverse range of Netflix. If you all had different IP’s how did they even associate your accounts and decide you were sock puppets, well we all went for a trip to Vegas to celebrate convocation from University and while we were there we checked on NEM (which we can prove there are picture) Why were your bitcoin talk accounts so new, back then who’s wernt? In order to participate in NEM you needed a BTT account so we signed up for them. Why were to login so far apart and at times one after the other, because I got the guys into NEM and was the driving force prodding them along. If you guys weren’t a sock puppet why didn’t you fight harder?? I did I asked the man in charge and he made his decision so what could I possibly do? Why did you guys take the two accounts in the end instead of holding out. Well when you get fleeced and you get the option of keeping half of your money or none of it you take half. You guys are just a couple of NEM losers looking to cash in now and probably have nothing to do with NEM anymore. Actually after we divided the accounts I was tasked not so long ago with cashing it out, I also still trade a little under half a million in NEM coins on a regular basis. Squibbels The Age of Extinction Please Read « Sent to: makoto1337 on: March 13, 2015, 11:55:49 PM » Hello Makoto I will keep this short as I imagine you are a busy man these days. I am emailing on behalf of myself and three of my buddies J, J and G as we figured that it was best to just send one message and let you decide on a course of action rather than to send four separate messages saying more or less the same thing, however if you would like we can each send you one. The situation is this, our four accounts have been flagged as sock puppets I am guessing because we are roommates and have moved all accounts to one machine, we didnt realize that this would cause an issue. So my question is what can we do and what do you need from us to prove that without a doubt that these account belong to four separate individuals. If you need we can even send a scanned copy of our driver’s licenses to prove that these belong to four separate individuals. I convinced my three friends to join Nem because it looked like it could be a fun coin and I came across it when I was getting into mining and attempting to figure out config files for cards. Anyways I have helped them along the way with figuring out bitcoin clients and the Nem client and purchasing their stakes and so on. One guy knows what he is doing more or less when it comes to this type of thing and the other two don’t really know that much. Basically we are their IT support in most things computer related..... Initially they were eager to learn however they did not expect the launch to take as long as it has even though I warned them beforehand that it may take a long time and that it might not even launch at all. As a result they have mostly lost interest until the launch and have left account maintenance to me and spend most of their Nem time making fun of me because I convinced them to actually spend money on their stakes where as I got mine for free. So the facts We are talking about 4 accounts here not 40 or 50 or 200 like that crazy sock puppet person. If these four accounts were sock puppets why would I not have simply loaded up on accounts during the free account registration period and avoided paying actual cash for them. I think my one buddy spent like $60 or a $100 buck the plus side to that is I got cash in hand for my bitcoin instead of paying an exchange/withdraw fee. If these 4 accounts were sock puppets ie pump and dumpers we would have exchanged them for Nxt tokens and dumped them when each stake was worth $3600 but we didnt! The reason our BTT accounts have been dead is because we for the most part only got them for Nem and are active on your FB page instead I under the Name of blank I am both positive and Negative in my posts as I find it gets the conversation going...... I am also the one that jokingly suggested a Nem Dev date auction. We recently just threw all of the accounts on to one primary laptop to make life easier since the two guy lost interest in it until launch and G did not feel like deleting his Java again, deleting Nem client files again and then doing another fresh install every time a new beta was posted. We figured it was just easier to run one machines and keep it up to date then once everything launched if it launched we could go from there. We didn’t think that or at least I certainly did not think that since a person could now own/redeem multiple accounts from the exchange that centralizing all accounts would be an issue. You can look at this two ways I suppose, the first would be that these account belong to four University buddies who hang out with one another a lot and live together or they are sock puppet accounts. Once again we are willing to do whatever is needed to prove that these accounts belong to four separate people some of us more eagerly than others. So please let us know what we need to do the get this resolved, hope you have a great weekend and thank you for your time Makoto. makoto1337 Legendary I am not Dorian Nakamoto. « Sent to: Squibbels on: March 24, 2015, 07:45:35 AM » Hi, Sorry for the late reply. Things have been quite busy. I have no problem with giving you 2 of the 4 stakes. Your story is quite long and I confirmed your facebook account. However, it seems a little strange that the 4 of you would all have different IPs when registering from the same computer in the same house. Does that sound reasonable? Squibbels « Sent to: makoto1337 on: March 25, 2015, 05:41:47 AM » Hello Makoto1337 Thank you for the reply, I can only imagine how busy you guys are getting ready for launch and dealing with account issues such as these. I can also appreciate how different IP's might look a little strange however the explanation is fairly simple as I mentioned to the mysterious Nem Face Book person. We run Hola in order to experience the joys of American, Canadian and United kingdom netfilx as well as other on-line content. That combined with the fact that we were worried that we would get into this situation where we looked like sock puppets we did our best to avoid that situation basically by changing our vpn.... apparently we failed and then once multiple accounts could be claimed we didn't or at least I didn't think there there would be an issue combining everything and waiting for launch. I imagine no matter how you look at it if you have 2, 3 ,4 or 5 people living in one place they are potentially going to come off as sock puppets. Two accounts are tempting however unless we share them amongst the four of us at least two guys are getting hung out to dry. We are willing to do whatever you need us to do the prove that we are in fact four guys living at the same place. If you are worried about us being sock puppets and dumping on launch you could always give us some of the accounts back after the launch and in the mean time we could just split the two Nem accounts 4 ways until then. That way we can prove that we arnt just here to pump and dump and if we are sock puppets we wouldn't have any negative effect on the launch of Nem. Does that sound reasonable or is there something else that we can do to actually get all four of our accounts back? makoto1337 Legendary I am not Dorian Nakamoto. Hi, Sorry for the late reply. We are busy with launch, but will consider your case some more post-launch Sorry for the inconvenience! Squibbels « Sent to: makoto1337 on: March 30, 2015, 12:54:04 AM » « Bcc: patmast3r » Hello Makoto G, J, J and myself were wondering if we could get an update on the status of our accounts. We realize that you and the Nem team are probably extremely busy with getting ready for the launch of new however since it has been 16 days since this process was started and our accounts were seized we would really like to get this sorted out. As we have stated repeatedly we are willing do whatever is needed to prove that we are four roommates and that these accounts belong to four separate guys. Please get back to us as soon as possible since after waiting for a year and checking repeatedly we would really like to actually be part of Nem and the launch of Nem Thank you for your time. I am not Dorian Nakamoto. « Sent to: Squibbels on: March 31, 2015, 02:05:08 AM » All the funds from the accounts marked as socks are being put into a multisig account and will be distributed from there based on the outcome of the appeal process. Sorry for the inconvenience. Within 1-2 weeks, it should all be settled. makoto1337 Legendary Squibbels Quick questions! Sorry « Sent to: makoto1337 on: March 31, 2015, 01:31:46 AM » Hey Makoto We were just wondering if you were still going to activate two of our accounts prior to launch and if so which of the two. We were just checking out the new client and kept getting a 121 error. Sorry for bugging you it is just that we are really excited about the New Zealand launch on the first!!!!! If you cant turn two of the accounts on prior to launch and prior to further looking into our account we understand If you can please indicate which of our two accounts will come back on-line Squibbels « Sent to: makoto1337 on: March 31, 2015, 07:57:55 PM » « Bcc: patmast3r » Hello Makoto Sadly I doubt that you and the Nem team can fully appreciate the level of inconvenience and disappointment that this is really causing the people that you have labeled as sock puppet. We have waited for 13 months for this coin to launch with multiple maybe launches and have gotten excited each time only to be disappointed with a delay. Now as Nem readies for launch or well actually has just launched after 13 months of waiting we are now being asked or rather being told to wait another 1 to 2 weeks until the Nem team sits down and decides how plausible each of our stories are and whether or not we will be granted the privilege of being allocated our Nem stakes. Now I one hundred percent agree that this should have been and needed to be done however they way you guys executed it couldnt be more horrible one the Name ie age of extinction that was a big slap in the face for everyone that was nailed innocent or otherwise. 2. Anyone that was a true sock puppet most probably laundered there Btt account through via Nxt tokens the moment you offered them 3. The fact that you had plenty of time to do it pre launch assuring that everyone could be part of launch instead you guys pull this the month of launch and leave a bunch of Nemians holding the bag. Basically saying hey we dont really care about you guys thanks for investing and waiting but we dont really need you around for the launch and hey maybe we will get back to you later. You guys didnt say this however thats what you actions have said. So congrats on burning a bunch of people really interested in Nem heck I cant even run as a Node because I am not part of the genesis and I sure as heck am not putting more money into a coin that just burnt me and my roommates at launch. I am sure that you have heard this before however I felt that I should at least have the right to voice my opinion hey who know maybe you will give the four of us our accounts maybe you will decide hey that I/we have sent to many emails and pissed you guys off so we wont get anything. Regardless of what you decide with mine and my roomates accounts if you truly value and actually care about your community and are as egalitarian as you say. I think the Nem team should consider including a short apology to each account that they deem valid as well as a small compensation of additional Nem for making them miss the Nem launch necessary or not. After all the first two weeks of a new launch are the most exciting and have a tone of potential to sell and buy with the fluctuating price. In my case I was hoping to sell high and buy low to increase my overall Nem holdings however I clearly cant do that now. Anyways there is my rant Nem team I will endeavor to continue keeping my posts civil however I cant really speak for G, K, and J, after all they are their own people and I am surprised that they have even started complaining on your fb page. Have a great launch as I am sure it will be fun makoto1337 Legendary I am not Dorian Nakamoto. « Sent to: Squibbels on: April 01, 2015, 04:48:49 AM » Sorry for the inconvenience. We will get things sorted out fairly soon. Squibbels « Sent to: makoto1337 on: April 01, 2015, 06:09:12 AM » « Bcc: patmast3r » That is beyond the point, today for example as I am sure you know Nem coin was trading for around $15,000 per stake only for about 20 minutes or so. Regardless I could have liquidated my share like many other did clear all of my debt and then bought back in for six shares at 2 bitcoin per share and hung out for the long term. However due to the devs poor planing I and many other merely got to watch, and yes it was poor planning you guys could have done this early enough that it would have been resolved in time for launch. Regardless that opportunity is well past and there will not be any big spikes with the chance to buy back in at a lower cost perhaps there will be a few minor ones if Nem hits other exchanges however they will be minimal. I imagine Nem will make it to .01 or .02 cents eventually in a year or so but hey after 13 months waiting for a final shafting without even the ability to be a node whats another 12 or 24 months. Anyways my suggestion stands that the dev issue and appolagy and some form of compensation for whomever you deem worth of a Nem stake might make them a little less pissed about losing out on the same opportunity that was presented to the rest of the Nem community to you know make 15k and participate in launch. Anyways I am clearly annoyed so before I say something inappropriate I will leave it here and maybe all get a reply saying hey where do we send your guys nem or hey you pissed us off and we had decided that you guys are sock puppets and no we wont bother taking you up on your offer to provide whatever we want as proof that you are four guys. Just try looking at it from our point of view watching from the side lines. Have a good one Squibbels makoto1337 Legendary « Sent to: Squibbels on: April 01, 2015, 06:46:58 AM » Sorry that you missed the chance to dump Anyway, I looked at your data a little more and it is not so convincing that you are all real people. Post counts ranged from 1-6, accounts were registered 8-10 days after NEM was started, and all 4 accounts did not log in for between 148 and 152 days on BTT. Bobthebuilder23 and Squibbels both were last active at the same time as of the analysis. I'm not trying to be mean or anything. We will probably end up giving you 2 of the 4 accounts, but even then I am not sure because all the accounts could be controlled by another user. We will think about this some more, rather than just rejecting outright, though. « Sent to: makoto1337 on: April 01, 2015, 07:18:40 AM » There you go twisting my words Dump no, trade yes. After all Nem coin is a currency if you dont use it what is the point of it. If you can trade it for say 20 bit coins and then re-buy it at 2 why wouldnt you heck if I had my account today and things went well I would have my node running be up $6,000 and would have 10 Nem accounts to hold long term instead of one. After all isnt that what the bulk of nemians were doing today or should they just sit back and look at all there pretty Nem? What can I say I look at potential and profit and I trade real stock in my spare time, I dont have much yet but I have learned a few things such as there will probably be a spike as each exchange takes on Nem so there is an opportunity to sell high and buy low and the more it is traded the more it will be traded like any currency, commodity or company on txm is. Secondly I told you I got my roomates on board they registered got there accounts and waited I am Squibbels the squirrel as it is my gaming name G is Bob the builder he was probably a little more active as he is a miner after a while account maintenance fell to one machine and mainly me, even now they are only making the few odd posts on FB because they realized how shafted they just got. I imagine if you look back as per analysis many nemians registered a btt account got a Nem stake and didnt look back except for notifications but hey if you can get them from the guy sitting next to you or via facebook where most people are pretty much permanently logged in why would you bother with btt. As far as the you might be a sock puppet or you might be four guys the thing I find funny is that we have offered to provided you with whatever poof that four people can reasonable provide that they live together and yet you don't seem interested. Seems like a real thorough process. So flip a coin or let us prove that we are who we say we are if this is really a egalitarian process rather then just a couple of guys sitting in a room saying hmm he/she has a good story but that guy over there we arent so sure. Anyways I have said what I have to say so there really isnt much more that I can do/say. So I guess all wait for one of three emails B, G, J and K where can we send your Nem Guys please provide us with x info so we can get this sorted out. Great story guys but your out have a good one. Or some other variation . Anyways regardless of how the devs could have handled this prior to launch good job on a successful coin launch and no crashes. Have a good one. makoto1337 Legendary I am not Dorian Nakamoto. « Sent to: Squibbels on: April 01, 2015, 07:35:13 AM » I must give you credit for being persistent Can you give me some linkedin/facebook pages, etc? Something to prove these are real people? So far I am just getting messages from you, so it would help make your case better with more evidence. Otherwise, people are allowed 2 accounts (1 for themselves, 1 for a loved one), so that is probably the decision that will be made. Anyway, I was awake until 3 AM, so you probably don't want me to make a firm decision today « Sent to: makoto1337 on: April 01, 2015, 03:19:09 PM » « Bcc: patmast3r » I find that you do not get anywhere unless you are willing to be persistent so all take that as a compliment. Firstly I can assure you in regards to one account for you one for a loved one that I do not love any of these guys. Well maybe G face. To prove that other three guys are real people here are copy/pasted links to there fb accounts. https://www.facebook. https://www.facebook. https://www.facebook. If you need anything else feel free to let me know or message one of those guys. Have a good day. makoto1337 Legendary « Sent to: Squibbels on: April 01, 2015, 03:28:13 PM » Thanks for the quick reply. Which FB profile is with which BTT acct? Squibbels « Sent to: makoto1337 on: April 01, 2015, 07:11:41 PM » Bit coin talk accounts are Me Squibbels and If I recall correctly bitcoin talk accounts for the other three are as follows Bobthebuilder23 https://www.facebook.com/ DoctorNem https://www.facebook.com/ FredandBob https://www.facebook.com/ Thanks for the quick reply. makoto1337 Legendary « Sent to: Squibbels on: April 09, 2015, 07:02:23 AM » Quote Reply Delete The earliest that stakes will be sent out is on the 19th. You'll be in the first batch if we decide in your favor « Sent to: makoto1337 on: April 09, 2015, 05:24:08 AM » Reply with quoteQuote ReplyReply Remove this messageDelete Hello Makoto1337 I have been busy getting ready for my finals so haven't checked in here much lately. We were just wondering if there has been any update in regards to ourselves and Nem as I believe the first mentioned redemption for claims is coming up on the tenth here. Have a good evening. Squibbels makoto1337 Legendary I am not Dorian Nakamoto. « Sent to: Squibbels on: April 10, 2015, 08:44:19 AM » Hi, Sorry for the late reply. We will give back 2 of the 4 accounts. Which 2 would you like to have? « Sent to: makoto1337 on: April 11, 2015, 08:24:53 PM » « Bcc: patmast3r » .... Very well, if that is what you guys have decided you might as well split the nem or xem equally amongst our four accounts. I have listed our account wallet names and addresses below. Feel free to let me know if you need anything further ie there is an issue with the addresses. makoto1337 Legendary Thank you for your reply. We will give back stakes to Squibbels and Bobthebuilder23. Feel free to further share them with others in the future. They will be sent out next week
Why the New Zealand government should sanction the creation of a national NZ blockchain dollar to run in tandem with the NZ fiat dollar.
White paper April 29, 2017 The problem: No country today has a national currency built on the new digital-cryptographic-blockchain. This innovative architecture is a prerequisite to engaging with blockchain economic activity which is nascent but burgeoning at the present time. Blockchain technology, among other things, allows a currency to expand its capabilities beyond what we currently understand a currency to be i.e. a mechanism to transfer intrinsic value. Fiat-based currencies are the incumbent format. Although fiat is now mostly digitised, its architecture is not cryptographic by design, thus rendering it largely unusable within these new emerging economies. The native state of a cryptographic blockchain currency is in cryptographic digital format; it does not have a physical equivalent as fiat does. This white paper is an overview explaining why this currency is different, why it is needed and how to implement it. Preamble: There is growing recognition within the fintech (financial technology) community that emerging cryptographic blockchain currencies will be a major disruptive technology. They can be permissioned or permissionless. Permissionless means they can be created and used without-permission or restriction and they do not recognise borders. They are freely available to any citizen from any country. They’re normally publicly issued with a fixed supply and/or with a predictable inflation rate. No bank or government will have had a hand in issuing them; nor do they control them. Paradoxically permissionless currencies hold real value, albeit unofficially. A permissioned currency is normally issued and controlled by a government or bank and used by that nation for economic activity. All fiat currencies are permissioned currencies. Currently there is no permissioned cryptographic blockchain currency issued by any government anywhere in the world. One of the purposes of this paper is to position blockchain cryptographic currencies as the next logical step in the evolution of money. Blockchain cryptographic currencies, in the broader sense i.e. permissioned or permissionless is a nascent yet powerful new technology which very few people are yet aware of. With a permissionless blockchain currency, any person, group or company can now create their own digitally secure currency-type token to transfer value within and across borders. One of the advantages of cryptographic architecture is that it offers unbreakable anti-counterfeiting security along with the ability to firmly fix the monetary supply. This means no individual or government has the ability to arbitrarily tamper with it. It can be changed only through consensus by the majority of its users. This is in contrast to the current permissioned fiat system where additional money creation can and is arbitrarily created by less than one tenth of one percent of its users i.e. the banking industry and government regulators. The vast majority of users within the fiat system have been indirectly shut out of the process that determines when and how much additional money should be created. Monetary creation more recently renamed quantitative easing has the effect of directly devaluing all currency in circulation and all savings held by individuals. There is a growing concern for the health of the world’s financial system due to high levels of unprecedented quantitative easing taking place throughout the world today. This has exacerbated an era of protracted low interest rates and historic high levels of debt. In the West, the poor and middle-classes are bearing the brunt of the effects of quantitative easing. Interest rates paid on savings or earnings held in bank accounts are at historical lows, and in real terms are returning negative capital growth. Savers and earners are experiencing the devaluation effect as their money purchases less and less of fundamental asset and service necessities like housing, education and health. For this group of citizens, this reality will become a very powerful incentive to move surplus earnings or savings away from a highly devaluing fiat system and into a permissionless blockchain currency that offers a fixed, stable monetary supply. What exactly is a blockchain currency? Broadly speaking, the architecture of a blockchain currency is based on digital cryptography. This makes it secure when transferring over the internet. Digital fiat architecture is not cryptographic, making it unsecure to use over the internet. Digital blockchain currencies have an important commonality with physical fiat cash. When I take a physical $20 note out of my physical wallet or a digitised $20 blockchain currency out of my digital wallet, and transfer it to you, both our wallet balances are updated immediately without an intermediary being involved i.e. no bank. In both cases your balance rises by $20 and mine declines by $20. This type of simple person-to-person value-transfer and simultaneous balance-update with physical fiat currency or digital blockchain currency is impossible with digital fiat currency. Digital fiat must have a bank to act as intermediary between us. It is the bank that actually makes the transfer between us and it is the bank that updates each of our bank balances (usually overnight). So as to remove all doubt, a physical fiat currency and a digital blockchain currency do not require a bank to act as intermediary when transferring to someone else. This is a powerful, yet unobvious concept to grasp. The ramifications of this statement of fact is far reaching, yet little understood by the average person. The problem with fiat: Fiat currency has a quasi-symbiotic relationship around ownership and control, shared between a government and banks. It is a marriage of convenience rather than one of choice. Regulation and oversight is supposed to be controlled by government, but in this marriage, an unhealthy imbalance has grown over time that has put the banking industry in a much stronger position as to how money is created and controlled. This imbalance in power has come into existence as a result of new levels of modern debt issuance. Most developed and all undeveloped countries are in some measure deeply indebted to the banking industry, whether the debt be government or private. Total worldwide debt levels are now so high it is unlikely to ever be repaid. When you owe a bank a lot of money they have much more control over how things should be run. Physical fiat was digitised with the invention of the computer and before the invention of the internet. Digitised fiat consists of two parts the digital currency itself, and the digital infrastructure used to move it around. Before the internet, the banking institution created this digital system to enable their users (every bank account holder) to transfer value between each other. It’s a proprietary closed system (in other words it does not use or currently need the internet). There are no competitors and every user must have a bank account. We all have no option but to use this system. Lack of competition has allowed it to become antiquated, with very little innovation to improve its overall functionality. It is expensive to keep it going, and without genuine competition, price gouging is suspected on the fees charged to users for just about every aspect of its use. The fiat system is also filled with friction. For example, it’s slow and very expensive to perform international remittances. There are fees to convert the currency and then more fees to send that currency on. It can take anything from 3-5 business days to receive an international payment. Payment-associated transactions like credit cards and PayPal also attract expensive fees. A state change is upon us: The blockchain currency has arisen with the ubiquitous penetration of the internet and its ownerless yet persistent state (always on). The internet has grown and emerged as the predominant superhighway to transfer all types of digital information. Physical postal-service mail was the first major industry that was disrupted by this new superhighway due to the invention of email. Today, most legacy infrastructure that supports telephony, radio, movies and television has been disrupted to some degree. These industries are shifting ever larger parts of their data transmission over to the internet because an ever-growing number of their users are using the internet as the preferred portal to access their digital data requirements. Private siloed and permissioned legacy infrastructures are in rapid decline. With the invention of the blockchain, transfer-of-value directly over the internet is now possible. The banking industry’s siloed fiat system is perhaps the last and most important private legacy infrastructure to be disrupted by the internet. With the blockchain, being willing to incur a “cross-border payment” while suffering up to a 5-day wait becomes as unthinkable as sending a “cross-border email” that is expected to take 5 days to arrive. Blockchain currency conversions are relatively frictionless and virtually instantaneous (less than 1 hour in most cases), and transactions fees (if any) are also considerably lower. Paying an expensive fee to send your blockchain payment locally or internationally makes about as much sense as paying a fee to your internet provider to send an email locally or internationally. The internet has thoroughly penetrated the fabric of modern society for all things digital, one of the most notable being ecommerce. From around 1995 the demand from users to participate in commerce via the internet grew exponentially, and this in turned forced the banking industry to bring their private siloed system closer to the new superhighway in an effort to meet its users’ ever-growing demands for digital convenience via the internet. This has now expanded to include online banking and payment systems (Visa/MasterCard). However, it is important to note the fiat banking system plugs into or sits on top of the internet. It is still separate and is unable to integrate in a safe and secure way with the internet the way a blockchain currency does. So today the fiat system has a competitor that has the potential to genuinely disrupt its singular monopoly. Blockchain technology has become a game-changer. We are no longer forced to use only government/banker-issued fiat currency to store value; nor are we forced to use the banking system to transfer it. We can now store our value in a public decentralised currency (a blockchain currency) and use a public decentralised system (the internet) to transfer it to others. The current state of blockchain currencies: Cryptographic blockchain currencies are at a very nascent stage. They are not a separate technology to the internet, but rather a major enhancement or upgrade to the internet’s ongoing evolution. Cryptographic blockchain currencies therefore inherit the genetic or core fundamentals of the internet right down to the protocol level. Arguably, the most important of these attributes is the decentralised state of the internet. The internet is the rails that a blockchain currency is transferred around on. It is not owned by the banks or controlled by a government. This means high fees are unlikely to be ever charged since a “level playing field” or a “neutral worldwide rails system” is now in place. This is a similar state of affairs to when Skype was created. International phone calls through Skype suddenly became very cheap or free. As a direct result, toll call charges from incumbent Telcos plummeted all around the world. The Telcos’ siloed telephone system faced extinction. They had to lower prices to compete with services being offered by the likes of Skype to stay in business. And it was the ownerless state of the internet as the underlying rail system that brought this about. There are only permissionless (non-government/bank) blockchain currencies in existence today. The first permissionless blockchain currency was Bitcoin, created in 2009. It was a technological experiment that has been highly successful and has proved that currency movements over the internet can be safely and securely performed without a banking system. It comes with a fixed money supply of 21 million coins, and it’s the resultant scarcity this creates that makes it extremely valuable. One bitcoin at time of writing is worth around $1300 USD. No government, dictatorship or banking institution was involved in its creation or deployment. Its value is autonomous and is derived solely from what its users believe it is worth. There are now over 500 permissionless blockchain currencies available today. Permissionless currencies are only one (and the first) product that a blockchain can be used for. They can also be used in other new and innovative ways not possible with fiat. Micro payments, escrow, and multi-signature transactions are some examples where blockchain currencies are far superior. In addition, there are other functionalities not specific to finance that are possible using blockchains and which are much more secure and unforgeable, such as proof of identity (like a passport), ownership transference (like vehicles and homes), and democratic voting systems. Hundreds of non-currency blockchain products are being worked on now and many thousands more are likely in the future. However these developments are outside the scope of this paper. Why a government should support this technological innovation: Blockchain products and new economic communities are under development. They can be accessed or used only via a blockchain cryptographic currency. Currently there is no permissioned or government-created one. Electronic fiat is unusable within these environments because its architecture is not cryptographic. It must be converted to a currency that is cryptographic before its intrinsic value can be utilised. On this basis alone, a risk for government is the economic exclusion of fiat in these new economies. Users will be forced to sidestep the fiat system for no other reason than these new economies can only function or be used with a currency that has cryptography built into its design i.e. a blockchain currency. To ensure a country’s national currency remains relevant to these emerging new economies, its currency must be made available in a blockchain format. In the near future, it is this author’s view that most countries will need to convert at least part of their fiat currency over to a blockchain architecture. This means two different architectures for the same currency for example, NZ dollar fiat and NZ dollar blockchain. It is simply a matter of when a government recognises that electronic value-transference will be moved (in part or wholly) to the internet, thus breaking away from the current banking industry’s siloed fiat system. It also means the beginnings of the disintermediation of banks since blockchain currencies do not require them. A tough reality that the banking institutions are currently grappling with. Bitcoin has proven that creating or digitising a currency (or digitising a value asset) to store value is no longer the privileged purview of banking consortiums or even governments. Permissioned systems based on fiat is not the future. Total domination of currency creation and value transference by the banking industry and governments is ending. Why this technological innovation will grow with or without government sanction: Once the blockchain becomes the accepted standardised architecture for currencies, some governments and banks will be unable to surreptitiously devalue their currency without serious repercussions from its users because those users can easily abandon it as a store of value. This in effect is what we have now, albeit nascent. Citizens who live in economies like Brazil, India and Greece are now storing a growing percentage of their savings in non-government-created cryptographic currencies in the knowledge that it’s secure (it cannot be arbitrarily confiscated and access cannot be shut down), it will maintain its value much better than the official fiat currency, 24-hour access is guaranteed via their mobile phones, and it can be moved to any location in the world that has internet access. Their wealth will easily follow them wherever they go. Being a refugee will no longer necessarily mean you have no access to your savings irrespective of the country that takes them in. Blockchain currencies will enable users to exchange and hold their savings in many different currencies (permissioned or permissionless) with very little friction. Sending and simultaneously switching one type of currency to another will be as seamless as sending an email from an Apple Mac, Android phone, Windows PC etc. to any other device anywhere in the world. This new technology – as was the case for the internet in the early days – will be largely ignored by everyone until suddenly we all find ourselves using and relying on it in our daily lives. The architecture of a solution: In the future, it is likely that a mix of fiat and blockchain currencies will coexist for a time. Governments and the banking industry will create and control the official fiat and the official permissioned blockchain national currency, while permissionless blockchain currencies (or currency-like tokens) will be created by various members of the public (worldwide) to achieve or enhance their specific economic goals. There are blockchain solutions suitable for permissioned government-issued cryptographic currencies. These solutions will enable governments to safely move or exchange at least some portion of their fiat currency over to a blockchain architecture to enable its constituents to use blockchain products and participate in blockchain economies which would be impossible with fiat currencies. A government can issue a regulated permissioned currency with all of the architectural advantages of a cryptographic blockchain. There is no requirement for it to be decentralised as is the state with a permissionless blockchain currency. Deciding what features and safeguards a permissioned cryptographic currency should have embedded into its protocol is the more relevant question. Several first-world central banks have been experimenting with a form of blockchain currency using distributed ledger technology (DLT) for example Canada, Britain and Japan. However they have restricted that usage largely to streamlining interbank financial activities. As important as this is, there should also be a focus to cater directly to end users who want to actively engage in localised economic blockchain activity within the real economy (non-financial). Governments should lead the way and be the conduit to lay down the initial infrastructure for their citizens. This proposal focuses on first-step distribution being offered directly to the public. The distribution, in all probability, will be taken up via “software developers”, who will require a cryptographic currency to deliver cryptographic blockchain solutions. Such solutions would promise better efficiency within current business models which rely on a high degree of human intervention (for example international money transmittance). These solutions will also drive out friction in antiquated legacy systems and create new forms of value transference not yet thought of. This would enable a meaningful assessment of real-world demand and also allow innovation to be driven directly by the needs of users. Currently, software developers are forced to use permissionless cryptographic tokens/currencies to deliver these products. There would be no need for this if a permissioned government blockchain currency was available. Any cursory investigation by world governments will confirm the burgeoning wall-to-wall projects underway in this sector. Literally billions of dollars are being invested into this ecosystem. None of these dollars are going into a government-permissioned cryptographic currency. A controlled and measurable pathway is required to apply a blockchain architecture to the national currency. It needs to be done with the buy-in of key stakeholders namely, the government, the banking industry and individual citizens. This paper provides a starting point as a way forward for the adoption of a cryptographic currency as the correct or better mode of transport to transfer value. Simply put, an orderly and safe process is needed to introduce a government-issued and controlled cryptographic currency. It would operate in parallel with the fiat system. The key is to implement it with demonstrable incentives to accommodate the key stakeholders. The process would also need to demonstrate low or negligible instability risk to the current financial system. Specifically a modified CAB (centralised autonomous blockchain) would be created. The proposal: For the purposes of this proposal I would suggest a country like New Zealand (of which I am a national) would be good candidate. It is a small, first-world economy with a sound and relatively open financial system and would be well suited for such an experiment. The government, in effect, owns one bank called KiwiBank. In partnership with this central bank the foundation for this proposal is already in place. The central bank of New Zealand could create a limited quantity of cryptographic currency that would be available for use in parallel with the national fiat currency. Kiwibank would control the initial release of this new currency into the system. This would insure KYC (know your customer) legal requirements and AML (anti money laundering) regulations are met. Kiwibank would in effect provide the on/off ramp into and out of the NZ cryptographic dollar from the NZ fiat dollar. Since there is no physical note or coin for the new cryptographic currency, converting fiat to cryptographic would be digital only via Kiwibank customers. Customers of Kiwibank would convert monies from their digital fiat bank account and transfer it to a smart-phone digital wallet, using an APP (via Google’s ‘Play Store’). An internal ledger would be created and maintained by Kiwibank for auditing purposes. The government would then know with whom and when the coins were converted. A Federated Server (or servers) owned and controlled by key stakeholders would be responsible for running the blockchain ledger. The coin would be a New Zealand digital cryptographic dollar (NZCD) and would carry the same value and rights as a New Zealand digital fiat dollar (NZD), backed by the full faith and credit of the New Zealand government). The initial users who convert their fiat to cryptographic would most probably be software code developers who want to create new blockchain applications for blockchain economies that are accessible only with a cryptographic currency. They would convert their current digital fiat dollars for digital cryptographic dollars. When a new-use application, solution or asset is created, the wider community would then need to convert their fiat dollars for cryptographic dollars to use the new application and participate in the new economy created. Security and Control: Strong controls can be built into a government-permissioned blockchain currency, together with highly transparent visibility. Regulatory compliance rules could be built in if required, for example: • Freezing the contents of any funds held in any wallet due to criminal activity. • Automated deduction of any funds held in any wallet i.e. outstanding fines (currently forced on employers to collect). • Automatic freezing or confiscation of any funds used on any blacklisted markets. • Automatic recall of funds transferred or used outside a specific geographical location (national or international). In effect, highly advanced controls can be programmed into a cryptographic blockchain currency that is not possible within a fiat system. Cryptographic currencies offer control and flexibility well beyond what a fiat currency is capable of. Lawful activity can be programmed in and unlawful activity can be programmed out. How? (Basic technical overview): In essence two cryptographic currency tokens would be created. Firstly, a rights token (RST) and secondly a cryptographic currency i.e. a New Zealand cryptographic dollar (NZCD). Both tokens would be created via central-bank/government and would have a symbiotic relationship with each other. The rights token would be tradable, that is to say it would be tradable for legal tender (NZCD) but in itself it would not be legal tender. It would be similar to a share certificate of a company in this respect. The rights token would receive a dividend from the usage of NZCD. A transaction fee would be deducted and held in escrow each time NZCD was transferred from one entity’s wallet to another to purchase goods and services. This function would be programmed into the blockchain currency and would be automated. For example, the fee could be say 0.1% per transaction (or something set well below any current fiat system fee). Every quarter, transaction fees would be autonomously distributed to all RST token holders on a pro-rata basis at set intervals based on the number of RSTs they own. RST token: The purpose of an RST is to incentivise and enable key stakeholder participation. It is a new form of ROI (return on investment) for the banking industry. All key stakeholders would benefit from ownership of RSTs. RST ownership could be made transferable or tradeable to qualifying entities or persons and be made divisible to say 8 decimal placings. The 8 decimal placings (the unofficial standard for cryptocurrencies) provides significant depth for a coin to expand its fungibility and allows the token to be highly divisible. Continual price-discovery through market forces would price the token’s actual market value. The initial distribution of RSTs would or could be distributed via a crowd sale to key stakeholders i.e. the banking industry, governments, individuals or other entities. A very basic example of how this could be implemented is as follows: An initial 10 million RST could be created with a portion then held for auction or for sale. A simple split of the tokens could be: • 2 million held for government or used as incentives for other entities like developers and maintainers of the system. • 4 million held and distributed to all KiwiSaver participants or held in escrow for every Kiwi citizen (KiwiSaver). • 4 million set aside for auction or sale to banks and private New Zealand investors, either all at once or in tranches over time. NZCD dollar: As little as $1,000,000 dollars could initially be issued. With the above-mentioned built-in safeguards, this level of seed-cryptographic currency would have a negligible impact on the economy. It would allow New Zealand program developers immediate access to start building out new products and economies. As and when demand rose, further NZCDs could be issued. Incentive for the government: There are a number of incentives for a government to move into this space sooner rather than later. Investment opportunities, economic growth and first-mover advantage are some of them. In 2015 a record 1 billion dollars’ worth of venture capital was invested into this space, up from 347 million in 2014. Estimates for 2016 are forecast at 5-10 billion dollars. There is more investment being channelled into this space than during the comparative early days of the internet. All of it is virtually walled out by the fiat system. Currently, the only way in or out is via unregulated international private cryptographic coin exchanges. This comes with a high level of friction and risk, which in effect has reduced the cross-border investment primarily to early VC adopters. Governments would have two clear advantages over other institutions when introducing their own cryptographic currency. The first is legitimacy and the second is immediate stability in line with the national fiat currency. Most permissionless currencies do not have these advantages. In any event, cryptographic currencies are here to stay. It would be much better for a government, looking forward, to introduce their own cryptographic national currency. This would allow software developers to build out or imbed new emerging cryptographic economies with the nation’s own cryptographic currency. Key Terms: Rights Token (RST): RSTs reward the owner with transaction fees collected on the system. A reward-based return for any transactional volume will be generated through the use of NZCD Tokens. RST Token ownership would be made transferable or tradeable to qualifying entities or persons and could be divisible to 8 decimal placings. New Zealand Cryptographic Token (NZCD): An NZCD token represents 1 New Zealand dollar. NZCDs are kept in digital wallets. A set amount would initially be created and grown over time. They have a symbiotic relationship to the RST tokens. Federated Server (closed system): Servers that run and secure the blockchain. Owned and run by a combination of key stakeholders, banks, a central bank and the government. ICO: Initial coin offering. A fundraising option to purchase RST tokens. Crowd sale: Another fundraising option. A crowd sale is used to allow stakeholders to purchase RSTs. Proceeds would be used to fund the system, incentivise stakeholders and attract appropriate developers. Price per RST: Example: if the crowd sale concludes with a total value of NZ$1,000,000,000 raised, the tokens will be valued at $1,000,000,000/10,000,000 = NZ$100.00 per 1.00000000 RST. 1 RST rewards the holder with transaction fees from NZ cryptographic dollar tokens (NZCDs) on the blockchain at 1 / 10,000,000 of all transaction fees every quarter. As an example transaction fees of NZCD could be set at say 0.1%. Scenario 1: NZ$1,000 transaction volume per day: The transaction fees collected would be $1,000 * 365 days = 365,000 / 10,000,000 RST tokens. So annual fees collected would be $365 NZCD and distributed pro rata at 0.00003650 cents per 1.00000000 RST held. Scenario 2: NZ$10,000,000 transaction volume per day: The transaction fees collected would be $10,000,000 * 365 days = 3,650,000,000 / 10,000,000 RST tokens. So annual fees collected would be $3,650,000 NZCD and distributed pro rata at 0.365 cents per 1.00000000 RST held. Scenario 3: NZ$100,000,000 transaction volume per day: The transaction fees collected would be $100,000,000 * 365 days = 365,000 / 10,000,000 RST tokens. So annual fees collected would be $36,500,000 NZCD and distributed pro rata at $3.65 per 1.00000000 RST held. About the author: Monty Kirkman is an artist and small business owner. He currently runs a small manufacturing business producing glass art giftware in Whangarei New Zealand www.maoriboy.com As a keen technologist, in 2013 he discovered the underlying technology called ‘the blockchain’. He became fascinated by the very real disruption this technology will bring to all forms of industry. One of his aims is to raise awareness to the small business community to prepare themselves for this emerging technology.
Hello! I have been lurking here at /beermoney for quite some time, and have posted a few times recently. I have learned so much here, that I have started a blog about it. So that I can keep track of everything, I have begun trying to compile a list of most of the sites and apps that I am aware of, with short descriptions. I did not include some that I have not heard enough about to be sure they are legitimate or worthwhile. I have an Android phone, so nothing iPhone only. I have left out sites that are only PTC (Paid-To-Click). I have also not included secret shoppemission apps, sites that pay you to write, and "crowdlabor" sites like Mechanical Turk, as I consider all of these a bit more like little jobs than beermoney tools. Nothing against them, they just don't fit with this list. And finally, I am sure I have simply forgotten to list a few. Anyway, I thought I should share this with everyone here. I only included ref links for the ones that I have really used, because there are some that I know about and wanted to list, but that I have no actual experience with (yet) -- did not think it would be right to ask people to sign up under me for things I do not even do myself. I plan to add to this list as time goes on, and my next plan is to put together some standard information about each item, like how much you need to earn to get paid out, an estimate of what you can make in a week/month, etc. I would love to hear suggestions for useful statistics and things! And, of course, I would certainly not mind if people have any suggestions for apps, websites, or whole categories that should be added. Or what else they think should be covered on a blog about this sort of thing. EDIT 1/25/2015: Added countries and referral bonuses where I could. Still missing some information. EDIT 1/26/2015: Added GrindaBuck and LootPalace, recommended by clke EDIT 1/29/2015: Added Payout information -- I did my best, but not every service is clear on all of their pay options, so please let me know if you see anything wrong.
THE LIST
Get Paid To (GPT) sites
Swagbucks [use contest winner] - Probably the most popular GPT site. Get paid to do offers, watch videos, surveys, and more. Countries: U.S., U.K., Canada, Australia, Ireland, India Referral Bonus: You - 10% of referral’s earnings in | Referral - 150 Swag Bucks Payout-
Options: PayPal, gift cards
Minimum: $5.00
Value: $1.00 = 100 Swag Bucks
TreasureTrooper [Referral | Non-Ref] - An interesting site with several types of fake "currency" that turn into real currency and other rewards in different ways. I have had pretty good experiences making several bucks quickly on this site. Countries: Accepts all countries, but many deals will only work in the U.S., or possibly U.K. and Canada (according to this: http://forum.treasuretrooper.com/topic/57468-dss-1-6-not-available-in-your-country/) Referral Bonus: You - 20% of direct referral’s cash earnings, 5% of second-level’s, possibly more (complicated 4-tier system) | Referral - $3.00 Payout-
Options: PayPal, check
Minimum: $20.00
Value: $1.00 = $1.00 :-)
GiftHulk [use contest winner] - Another popular one, but I have hardly used it and do not have much to add. Countries: U.S., U.K., Canada, Australia, France, Germany, Ireland Referral Bonus: You - 100-600 Hulk Coins | Referral - ? Payout-
Options: PayPal, gift cards
Minimum: $5.00
Value: $1.00 = 1,000 HC
InstaGC [use contest winner] - Yet another popular GPT, also one that I have little experience with. Countries: U.S., Australia, Canada, Denmark, France, Germany, Ireland, Japan, Netherlands, New Zealand, Puerto Rico, U.K. Referral Bonus: You - 10 points on signup, 10% of referral’s earnings | Referral - ? Payout-
Options: gift cards, check ($0.25 fee), direct deposit ($0.15 fee)
Minimum: $1.00
Value: $1.00 = 100 points
CashCrate [Referral | Non-Ref] - A fairly standard GPT site. Countries: "Members from the United States and other English speaking countries will have the most offers available to them, but members from other countries are welcome too." (from their FAQ) Referral Bonus: You - 20% of referral’s earnings, 10% of second-level’s, more as you advance | Referral - ? Payout-
Options: Dwolla, check
Minimum: $20.00
Value: $1.00 = $1.00
Points2Shop [Referral | Non-Ref] - Kind of generic, but seems to work well and is simple enough to use. Countries: U.S., U.K., Canada (other countries might earn through referrals) Referral Bonus: You - $0.50, + $0.50 on first offer completion (if from U.S. or U.K., less if elsewhere); 15% of referral’s earnings, 3% of second’s, 2% of third’s | Referral - ? Payout-
Options: PayPal, Dwolla, Global Virtual Visa Reward, gift cards, check
Minimum: $1.00
Value: $1.00 = 100 points
ZoomBucks [Non-Ref] - I have not used this enough to say anything about it. Countries: All countries, but "Some countries may have only one or two prizes available." (from their Terms) Referral Bonus: You - 10 % of referral’s earnings | Referral - ? Payout-
Options: PayPal, gift cards
Minimum: $3.00 (Amazon gift card) or $5.00 (PayPal)
Value: $1.00 = 100 ZBucks
Get-Paid.com [Referral | Non-Ref] - I learned about this one recently, and I am surprised it is not more popular. It has pretty much all the options, like surveys, tasks, and videos, and you can earn money fairly quickly. Countries: "All countries accepted, although certain tasks might come with region restrictions." (from /GetPaid) Referral Bonus: You - 10-30% of referral’s earnings, 5-20% of second-level’s (increases as you advance) | Referral - ? Payout-
SuperPay.me [Non-Ref] - I have not used this enough to say anything about it. Countries: All countries Referral Bonus: You - $0.05 on signup, 25% of referral’s earnings | Referral - $0.20 Payout-
Options: PayPal, Payza, Skrill, gift cards
Minimum: $1.00
Value: $1.00 = 100 points
Squishy Cash [Non-Ref] - I have not used this enough to say anything about it. Countries: All countries Referral Bonus: You - 25% of referral’s earnings, 5% of second level’s, 2% of third, 1% of fourth and fifth’s (minus surveys, contests, and SquishySlots[haha])| Referral - ? Payout-
Options: PayPal, Dwolla, Skrill, gift cards, check
Minimum: $20.00?
Value: $1.00 = $1.00
QuickRewards [Referral | Non-Ref] - Decent GPT, though I know that some people only use it for the surveys. (See MsLarvox's guide) Countries: U.S., U.K., Canada Referral Bonus: You - Up to 5% of referral’s earnings | Referral - ? Payout-
Options: PayPal, gift cards
Minimum: none
Value: $1.00 = $1.00
GrindaBuck [Referral (clke) | Non-Ref] - A newer GPT with a good selection of ways to earn. Works similar to most of the others, but I like it's clean, easy-to-navigate design. Check in every day for extra points. Countries: U.S., U.K., Australia, Canada, Germany, Japan, Puerto Rico, Brazil, Philippines Referral Bonus: You - 5%+ of referral's earnings (increases as you advance) | Referral - 100 Grindabucks Payout-
Options: gift cards, Bitcoin (PayPal is supposed to be available at some point)
Minimum: $10.00 (less as you advance)
Value: $1.00 = 100 GrindaBucks
LootPalace [Referral (clke) | Non-Ref] - This is a pretty standard GPT, but I have heard you can do fairly well with it. clke suggests doing the HyperMX videos when they are available. Countries: All countries? Referral Bonus: You - 10% of referral's earnings | Referral - ? Payout-
Options: PayPal, gift cards
Minimum: $5.00
Value: $1.00 = varies; $1.00 75-120 points or so, better the more you cash out at once
Surveys
PaidViewpoint [Referral | Non-Ref] - Emails you about once a day to let you know there are more questions to answer. It does not take long, and I have never been disqualified. Takes a long time to build up the cents, but easy to do. Countries: All countries that support PayPal Referral Bonus: You - 20% of referral’s earnings when they cash out | Referral - ? Payout-
Options: PayPal
Minimum: $15.00
Value: $1.00 = $1.00
SurveySavvy [Non-Ref] - I have not used this enough to say anything about it. Countries: All countries Referral Bonus: unknown Payout-
Options: check
Minimum: $1.00
Value: $1.00 = $1.00
1Q [Referral | Non-Ref] - (Mobile) I think this app is supposed to ask several simple questions over time. I have not had much luck with it -- I have been waiting for it to ask me more questions for like months. Countries: unknown Referral Bonus: unknown Payout-
Options: PayPal
Minimum: $1.00
Value: $1.00 = $1.00
E-Poll [Non-Ref] - A pretty average survey site, but does not constantly disqualify you. Countries: U.S. Only? Referral Bonus: none Payout-
Options: PayPal, gift cards
Minimum: $5.00
Value: $1.00 = 750 points (for $5.00; better the more you cash out at once)
Ipsos i-Say [Non-Ref] - Another regular old survey site. Countries: unknown Referral Bonus: unknown Payout-
Options: PayPal, gift cards, prepaid cards
Minimum: $15.00 PayPal ($10.00 gift cards)
Value: $1.00 = 100 points (better for very large amounts)
Opinion Outpost [Referral | Non-Ref] - And yet another. Countries: unknown Referral Bonus: You - $1.00 per referral who completes a survey, up to $5.00 total | Referral - ? Payout-
Options: PayPal, gift cards
Minimum: $10.00 PayPal ($5.00 Amazon gift card)
Value: $1.00 = 10 points
MySurvey [Non-Ref] - I have not used this enough to say anything about it. Countries: unknown Referral Bonus: You - 150 Reward Points per referral who completes a survey | Referral - ? Payout-
Options: PayPal, gift cards
Minimum: $10.00
Value: $1.00 = 110 points
Surveys on the Go [Non-Ref] - (Mobile) I have not used this enough to say anything about it. Countries: unknown Referral Bonus: none Payout-
Options: PayPal
Minimum: $10.00
Value: $1.00 = $1.00
Survey.com Mobile [Non-Ref] - (Mobile) I have not used this enough to say anything about it. Countries: unknown Referral Bonus: none Payout-
Options: unknown (only prizes?)
Minimum: $7.50
Value: ? has anyone used this?
SurveyMini [Non-Ref] - (Mobile) I have not used this enough to say anything about it. looked closer, not sure if this one was worth listing Countries: unknown Referral Bonus: none Payout-
Options: gift cards (does not even offer Amazon gift cards)
Minimum: $10.00
Value: varies; $1.00 = about 1,000 points (better the more you cash out at once)
Watch Videos / TV
Perk TV (listed here because most people just use it for the videos) [use contest winner] - (Mobile) Everyone loves Perk apps, and many just leave the video apps running on their phone all day and check on it periodically in case they have to let it know that they are present. Countries: U.S., Canada, U.K., Australia, New Zealand, India Referral Bonus: You - 500 points when referral redeems their first reward | Referral - ? Payout-
Options: gift cards, PayPal (costs more points)
Minimum: $5.00 for gift cards (or pay extra points for $1.00 Amazon gift card, or extra for any PayPal amount)
Value: $1.00 = 1,000 points
CheckPoints [Link | Ref Code: dzdn] (listed here because I mainly use it to watch videos) - (Mobile) Just learned about this one recently. It has other things, but I usually just use it for the videos. It is the only one I know of that does not make you constantly verify that you are watching. It also used to be limited to 100 points per day, but that limit was recently raised. Countries: U.S. Referral Bonus: You - 100% (!) of referral’s earnings, but only for the first 2 weeks (oh) | Referral - ? Payout-
Options: gift cards, items
Minimum: $1.00
Value: $1.00 = 335 points
Viggle (actually watch TV) [Non-Ref] - (Mobile) I know that you get points for watching TV shows with this app, but I have not yet used it myself. ashley-marieinforms us that it is not really worth using for gift cards anymore, but you can get TV/Movies, music, and other goods with your points instead. Countries: U.S. Referral Bonus: unknown Payout-
Options: gift cards, TV/Movies, music, other
Minimum: ?
Value: keeps getting worse, apparently
Paid Emails or Texts
InboxDollars [Referral | Non-Ref] - You get emails every so often (a few times a day, maybe), and each one you click on gets you $0.02. Sounds like a hassle, and a very small amount, but I was surprised to find it not that annoying, and it adds up quicker than I expected. Countries: All countries, but non-U.S. members may get fewer offers and might not receive paid emails. There is also an InboxPounds program run by the same company. Referral Bonus: You - 10% of referral’s earnings | Referral - none Payout-
Options: prepaid card, check
Minimum: $30.00
Value: $1.00 = $1.00
SendEarnings [Referral | Non-Ref] - This is like the exact same as InboxDollars, and is apparently even run by the same company. It tends to send out almost the exact same stuff, too. I have no idea why this one exists, but I use it. Countries: Same as InboxDollars Referral Bonus: Same as InboxDollars Payout-
Options: check
Minimum: $30.00
Value: $1.00 = $1.00
Hits4Pay [Referral | Non-Ref] - This one is a little odd -- you get occasional emails telling you that you have "emails," but these are actually accessed by logging into the site. Then you open the links (I think you have to leave them open for 30 seconds to count), and get $0.02. It took mine a few days to give me anything, but the "emails" have come steadily since then. However, I have only used it for a short time, and have not yet cashed out. Countries: All countries that support PayPal Referral Bonus: You - unclear on their site, possibly $0.01 per ad viewed by referral, and $0.01 per second-level view | Referral - ? Payout-
Options: PayPal
Minimum: $25.00
Value: $1.00 = $1.00
FreeEats [Non-Ref] - Sends texts and pays you for receiving them. I do not get unlimited texts on my phone, so I don't use this, but people do seem to like it. Countries: U.S. only? Referral Bonus: You - $1.00 per referral | Referral - none Payout-
Options: PayPal
Minimum: none
Value: $1.00 = $1.00
Lockscreens (All mobile, obviously)
SlideJoy [Referral | Non-Ref] - Replaces your lockscreen with ads, and you can swipe one direction to see them and the other to just unlock your phone. You do not get more points or anything for choosing to open the ads. Countries: U.S. only Referral Bonus: You - 20% of referral’s earnings for 1 month (I only found that here, could not find official explanation) | Referral - none Payout-
Options: PayPal, Square Cash
Minimum: $1.00 (but you have to wait 3 months from when you earn it)
Value: $1.00 = $1.00
Perk Screen [use contest winner] - Replaces your lockscreen with offers. Swipe one way to view the offer, swipe the other way to just unlock. Countries: U.S., Canada, U.K., Australia, New Zealand, India Referral Bonus: Same as Perk TV Payout-
Options: gift cards, PayPal (costs more points)
Minimum: $5.00 for gift cards (or pay extra points for $1.00 Amazon gift card, or extra for any PayPal amount)
Value: $1.00 = 1,000 points
Fronto [Referral | Non-Ref] - Works similar to SlideJoy and Perk Screen. This one, however, does sometimes give different amounts of points based on which action you take. None of the others do this, as far as I know. Countries: U.S. only Referral Bonus: You - 1250 points (= $0.50 if I did the math right) || Referral - 1250 points Payout-
Options: PayPal, Amazon gift card, Google Play
Minimum: $10.00
Value: $1.00 = $1.00
Adme [Referral | Non-Ref] - I believe this is the only lockscreen that does not have the convenient "slide left/right" to unlock. Instead, you have to tap an X to close the ad. However, it does seem like this has earned a bit faster than other lockscreens (but that might just be my experience so far). Countries: U.S. only Referral Bonus: You - $1.00 per referral | Referral - none Payout-
Options: PayPal
Minimum: $10.00
Value: $1.00 = $1.00
For more detailed information on these lockscreens check out Garwald's great post.
App Downloads and Videos (Mobile)
I did not yet write individual descriptions for these because they are all pretty much the same -- Watch a video about an app and get points. Download an app, run it for a few seconds, and get more points.
FeaturePoints [Non-Ref] - I have not tried this yet. Countries: unknown Referral Bonus: You - 50% of referral’s earnings | Referral - ? Payout-
Options: PayPal, gift cards, apps
Minimum: $5.00 PayPal, $1.00 Amazon gift card
Value: $1.00 = 600 FP
AppNana [Non-Ref] - I have not tried this yet. Countries: unknown Referral Bonus: You - 2500 points | Referral - 2500 points Payout-
Options: PayPal, gift cards
Minimum: ?
Value: varies
TapBooty [Non-Ref] - I have not tried this yet. Countries: unknown Referral Bonus: You - 10% of referral’s earnings | Referral - 100 Booty Coins? Payout-
Options: PayPal, gift cards
Minimum: $1.00
Value: $1.00 = 1,000 points
CashPirate [Link | referral code: YCRUHI] Countries: unknown Referral Bonus: You - 10% of referral’s earnings, 5% of second-level | Referral - 500 coins Payout-
Jingit [Non-Ref] - I have not tried this yet. Countries: U.S. only? Referral Bonus: unknown Payout-
Options: gift cards, bank account transfer
Minimum: $5.00
Value: $1.00 = $1.00
Shopkick [Referral | Non-Ref] - I think this is the most popular "check in" app. If it is running when you walk into a store that works with it, you get points for walking in. You also get points by scanning certain items in the store. Countries: U.S. only Referral Bonus: You - 2000 kicks per 3 referrals | Referral - ? Payout-
Options: gift cards, items
Minimum: $2.00
Value: $1.00 = 250 Kicks
StockUp [Non-Ref] - I have not tried this yet. Countries: U.S. only Referral Bonus: unknown Payout-
Options: PayPal
Minimum: $1.00
Value: $1.00 = 1000 points
Ibotta [Referral | Non-Ref] - This is like a reverse coupon, where you scan a barcode / photograph your receipt to show that you bought a certain item, and you get money back for it. Countries: U.S. only Referral Bonus: Appears to change from time to time Payout-
Options: PayPal, Venmo, gift cards
Minimum: $10.00
Value: $1.00 = $1.00
Snap [Non-Ref] - I have not tried this yet. Countries: U.S., Canada Referral Bonus: You - $1.00 upon referral’s first offer completion | Referral - ? Payout-
Options: check
Minimum: $20.00
Value: $1.00 = $1.00
Checkout 51 [Non-Ref] - I have not tried this yet. Countries: U.S., Canada Referral Bonus: none Payout-
Options: check
Minimum: $20.00
Value: $1.00 = $1.00
Shopmium [Non-Ref] - I have not tried this yet, but I saw something about getting a free chocolate bar when a referral signs up. Is this true? Countries: unknown Referral Bonus: You - $2.00 per referral | Referral - ? Payout-
Options: PayPal, bank account transfer
Minimum: none
Value: $1.00 = $1.00
ReceiptHog [Referral | Non-Ref] - I like this one because you can scan receipts from just about anywhere, for most types of products, and you get credit. You do not have to buy specific items or go to specific places. Countries: U.S. only? Referral Bonus: You - 10 spins (prize wheel) | Referral - 5 spins Payout-
Options: PayPal, Amazon gift card
Minimum: $5.00
Value: $1.00 = 200 coins (better the more you cash out at once)
ReceiptPal [Non-Ref] - I have not tried this yet. Countries: U.S. only Referral Bonus: none Payout-
Options: gift cards
Minimum: $1.00
Value: $1.00 = 350 points (better the more you cash out at once)
Passive / Data Collecting
Datacoup [Non-Ref] - Let this site connect to your various online accounts, such as Facebook, Instagram, and most of the other big ones, and they will pay you weekly to "purchase your data." I am currently getting about $0.65 / week, but they were having trouble connecting to my Facebook until a few days ago, so I should be getting more in the future. If you don't mind sharing your data, this is completely passive, and does not even require you to install anything. Also, it appears to be using the same APIs that all those other web apps use to connect to your accounts (like the ones that can post to your Facebook for you), so you would not actually be sharing anything new. Countries: unknown Referral Bonus: none Payout-
Options: PayPal
Minimum: none
Value: $1.00 = $1.00
Screenwise Trends Panel [Non-Ref] - This is Google's data-collecting program. You have to install a Chrome extension on your computer, and you can add a phone and/or a tablet, getting paid more for each. I figure Google gets whatever information Google wants, whether you are getting a few cents for it or not, so why not? Countries: U.S. only Referral Bonus: none Payout-
Options: gift cards (PayPal and prepaid card available at $50.00 cashout)
Minimum: $25.00
Value: $1.00 = $1.00
AppOptix [Non-Ref] - (Mobile) Leave this running on your phone, monitoring your data, and every three months or so you earn enough for a $10 Amazon gift card. It's pretty non-intrusive, so I do not mind having it on my phone, and I often forget that it is. Countries: unknown Referral Bonus: none Payout-
Options: Amazon gift card
Minimum: $10.00
Value: $1.00 = 30 points
Media Insiders Mobile [Non-Ref] - (Mobile) I believe you get what equates to $1.25 / week with this app running on your phone, monitoring your activity. Countries: U.S. only Referral Bonus: none Payout-
Options: gift cards
Minimum: $5.00
Value: $1.00 = 100 points
Mobile Performance Meter [Non-Ref] - (Mobile) This works similar to the other data monitoring apps. You earn points each day for keeping it on your phone, and 100 points is equivalent to $1, as long as you don't use them until you have enough for a $5 gift card. I get 10 points a day, but other people have reported getting anywhere from 5 to 20. I think there is a survey about once a month, and if you catch that, you get bonus points. Countries: unknown Referral Bonus: none Payout-
Options: gift cards
Minimum: $5.00 (or $1.00, but it costs extra points)
Value: $1.00 = 100 points
MobileXpression [Referral | Non-Ref] - (Mobile) Basically, you initially get a $5 Amazon gift card for having this on your phone (collecting data of course) for a couple of weeks, although technically you can get other more valuable prizes. After that, if I understand correctly, you occasionally get more gift cards / contest entries, but I have not had it long enough to verify this, and they do not explain it very clearly. Perhaps someone here may know more about how it works? Countries: U.S. only? Referral Bonus: unknown Payout-
Options: Amazon gift card
Minimum: $5.00
Value: $5.00 = 1 token
The Panel App [Referral | Non-Ref] - (Mobile) This app, like the others, collects data while it is on your phone. You get points slowly just for that, but it will also occasionally ask you questions about your locations at certain times on previous days. Answer these and you get more points. Countries: unknown Referral Bonus: You - 10% of referral’s earnings, 5% of second-level’s | Referral - none Payout-
Options: PayPal, Amazon gift card
Minimum: $5.00 (or $2.00, but it costs extra points)
Value: $1.00 = 1,000 points
SmartPhoneMate [Non-Ref] - (Mobile) I just installed this one recently, so I cannot say much about it, but they tell me I will get $3 / month for having it on my phone. If I put it on a tablet, too, I would apparently get another $5 / month. I have read that you may be able to have this installed on several phones / tablets at once, using the same email address and everything. I cannot verify this, though. (Can anyone reading this?) Countries: U.S., South Africa, China, France, Germany, India, Indonesia, Italy, Malaysia, Philippines, Qatar, Spain, Thailand, U.K. Referral Bonus: unknown Payout-
Options: “FREE Gift Coupons worth $3 every month”
Minimum: $3.00
Value: $1.00 = $1.00
Nielsen Mobile App [Non-Ref] - I have not tried this yet. Countries: unknown Referral Bonus: none Payout-
Options: gift cards, prizes
Minimum: not clear
Value: also not clear - but you are supposed to get $50.00 worth of points in a year
Search
Bing Rewards [use contest winner] - Get points for every few searches, and spend the points on a variety of rewards. I use mine to buy Swag Bucks at a "discount," which I then use to buy a $5 Amazon gift card. This is legitimate, but I understand that there is a limit to how many times you can do it. Countries: U.S. only Referral Bonus: You - 100 credits per referral (may vary) up to 500 | Referral - none Payout-
Options: gift cards, Swag Bucks (limited number of times)
Minimum: $5.00 (or less, but not as good a deal)
Value: $1.00 = 100 credits (or, $5.00 = 475 credits, and other deals)
Qmee [Referral | Non-Ref] - This is a browser extension that occasionally brings up ads next to your search results on various search engines and on Amazon searches. If you click on an ad you get a few cents. It stays out of the way the rest of the time, so that is nice. Helpful comment here about not closing the page right away, so you get more ads. Countries: U.S., U.K. Referral Bonus: You - $1.00 per referral (first time they cash out) | Referral - none Payout-
Options: PayPal
Minimum: none
Value: $1.00 = $1.00
That is all I've got for now! Feedback is appreciated!
Now I’ll head up to my Bitcoin mining calculator and drop in the numbers, the only problem is that there are 2 variables which I’ll have to guess. The first is how much will the Bitcoin mining difficulty increase over time. The second is what will be Bitcoin’s exchange rate once my money runs out. Fortunately since I’m only comparing mining to buying and not testing for overall ... Bitcoin mining consumes energy - globally, a huge amount of energy. In his original white paper on the cryptocurrency, Satoshi Nakamoto noted the following about the cost of mining for new coins. "In our case, it is CPU time and electricity that is expended". So basically, mining is using a computer to turn electricity into money. Digiconomist produces an interesting Bitcoin Energy Consumption ... Coinbase - Where I personally store the money I trade with. In New Zealand you still can’t buy on Coinbase but I believe you can in almost every other country. You can also exchange Bitcoin or a major cryptocurrency into many other varieties. Binance - The platform I use to exchange major cryptocurrencies into the smaller ones not listed on Coinbase. Changelly - An alternative to the above ... In September 2018, New Zealand Police warned against cryptocurrency scams, after a Canterbury investor was scammed of NZ$320,000 in life savings. And in Australia in July 2018, the Australian Competition and Consumer Commission (ACCC) released a warning that cryptocurrency scams had become the second most common type of investment scam offer pushed on victims. ACCC Deputy Chair Delia Rickard ... Transactions per day (line, chart below) on the Monero network have continued to increase since the November hard fork, reaching new all-time highs earlier this year. Peaks in mining difficulty ...
Making $10 a day Mining Crypto in February 2020 - YouTube
Skip to 2:20 if you're all about the Bitcoins! Here is my new Amazon Kindle Title https://amzn.to/2BYa72g "Bitcoin Will Not Make You Rich!". Also, here's a link to where I sell my Bitcoins ... 5 Bitcoins per day with gtx 960!! Easy money (11730$/day) Israelibit Mining. Loading... Unsubscribe from Israelibit Mining? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 1 ... Hi guys, thanks for watching my video, in this video I will show you how I generated 1 bitcoin from ️ bitpro-app.com Read the disclaimer: -----... This video goes over my 7 day 1 week Bitcoin Mining experiment. I let my computer Mine for Bitcoin for a week straight, to see how much money I could generat... This is my original mining rig which started out with 5 GTX 1080 TI EVGA SC Black Edition. The final form of this rig has 8 GTX 1080 TI with the addition of ...
