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Will Bitcoin ever crash to zero? Is the future secured with cryptocurrencies?

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Will Bitcoin ever crash to zero?

I have been doing a lot of research about Bitcoins, cryptocurrencies, and how to value this whole crazy thing. A lot of people are going in with just FOMO (fear of missing out), anyway, I am here to present my findings and unfortunately, the conclusion is that Bitcoin is probably going to zero.

Table of Contents

Introduction

There’s this huge story that a lot of people are ignoring right now; it is that the current biggest threat to bitcoin & cryptocurrencies is stable coins. Stable coins seem so boring that they don’t move very much at all, they are not very interesting to invest in, and their value doesn’t go up or down, they are just pegged at a specific price. The big corporations, the big government are all looking deeply into stable coins, why is that?

Data & Information

It’s all about data, follow the data because data is the new digital oil of our era, now china already knows what’s up, in fact, they’ve already taken steps to protect themselves in April of last year, they piloted their first national digital currency and while china is the furthest ahead with their pilot program, central banks representing one-fifth of the world’s population say they are likely to issue a digital currency very soon. These are known as central banks digital currencies or CBDC.

These are the greatest threats to Bitcoin. Now, when China banned all cryptocurrencies, it’s easy to shrug that off like okay that’s china being china censorship and over-controlling. If we really take a look at why they did this then we will understand that their motives.

In order to truly understand how central bank digital currencies work; it’s the idea that central bank can issue you a coin as a token and they can track the movement of this coin throughout the entire financial system of that country and they get full market data into how their economy is doing. Currently, all of this financial financial data which is highly valuable is scattered among a bunch of private banks physical cash, coins, hedge funds and a whole bunch of random financial institutions.

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It is not all that easy to get full financial data about a country but once you are issuing a bunch of digital coins you can track all of this, so a good comparison is apple pay, everytime you make a transaction apple gets a little bit of information, some data about the financial state of the U.S economy, thy know what you are buying, which companies are doing well, which companies are doing poorly, which company to invest in and, which company to short because they can even forecast earnings before companies release earnings reports themselves. They know how well Intel, Nike, Starbucks, e.t.c. They know how well they are all doing.

Why data & information is a big threat to Bitcoin

Now when you compare this with blockchain & Bitcoin, everything is decentralized and anonymous, people don’t know what’s going on, there’s no data. Bitcoin wipes out all of this financial data, all governments and companies are going to want to get their hands on and this is just one of the many advantages that a central bank digital currency gets you.

Bitcoin's biggest threat

It also allows a country to issue economic sactions adversaries, prevent illicit, manage data privacy and data security.

Willing to know more about the future of Bitcoin and cryptocurrencies? Read our article on: why Bitcoin will go to zero – Harsh truths

Are stable coins part of the problem?

Taking some steps back; I began this research by wondering what exactly are stable coins in the first place because they seem much more efficient than Bitcoins, they have zero transaction fees; pretty much free, they are fast, they have no gas fees, they have instant processing times. Why don’t we use stable coins? They seem like the perfect currency.

From a practical standpoint, stable coins are the ideal currency, you cannot only use them as a store of wealth, but you can use them for daily transactions as well. The only problem is that they are not really coins at all in the first place.

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There are three types of stable coins actually, some are on the blockchain which are called crypto collateral they are powered by say Ethereum (ERC-20) , you’ve got real world collateral stable coins where the stable coin’s value is stored in an actual bank and then no-collateral stable coins where they just print out the stable coins out of thin air like Tether.

I think part of the problem is all of these concepts are mixed together and people don’t know what stable coins really mean anymore for example; they are saying here that Tether is fiat collateralized, no it’s not, it’s just based on thin air, they are just priting this stuff and then they are saying that USD coin or gemini are stable coins and sometimes people get this mixed up with a crypto stable coin which is actually MakerDAO or Havven and the fact is a lot of these stable coins like say the gemini dollar are really centralized and just run by one company and behind the scene, this company is probably more of a financial data analytics where they just want to figure out what you’re doing with all of the finances and money and track that spending so when you get a gemini dollar which has zero fees it’s really your own financial data that you are giving them.

What is at stake?

When you consider what is at stake here, the future of money where every single transaction can be audited, tracked, analysed and there is full financial data transparency and control into how money is moving within a country’s economy then it becomes clear that there’s enormous power to whoever issued the original stable coin whether that be a co-operation or a country’s government and so that takes us back to Bitcoin.

That original vision of this single global currency that can just be used by all citizens of the world to transact and buy stuff like do you think I’m really going to be able to go buy something from a citizen over in china using bitcoin? Do you think I can be able to buy sometjing from switzerland? These countries have decided to regulate, china banned cryptocurrencies, switzerland banned facebook’s theme and do you think the original vision of this single currency to be used across everybody is really going to pan out or is the future more likely to one where every single country has decided to issue its own central bank digital currency?

A Chinese digital currency is the real threat

This takes us to national security and ransomeware also, you know digital hackings have been up 300 percent in the colonial pipeline incident, hackers were able to extract five million dollars of ransomeware bitcoins from a US corporation and this sort of attack really is enabled only through the ability to exchange bitcoins for real currencies. You can’t do this in china anymore because no bank is going to allo you to exchange your bitcoin for chinese yuan.

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As we see more ransomeware attack on the rise, we will see more countries banning cryptocurrencies and the countries that do not bank this cryptocurrency are going to be viewed as aiding terrorism.

Conclusion

Here is how I think things will actually play out: some countries will ban cryptocurrencies, some countries won’t, many countries will introduce its digital currency which will totally revolutionize money and be the future of money. Every country will have its own pretty much and then bitcoin with its high transaction fee and long consuming time and simply won’t compete against the likes of a stable and will not be able to fulfil its promise of a single unified currency.

Thanks for reading, do share with friends.

Notice: We put a lot of hard work and research before writing this article, if you must copy make sure you link back with a do-follow link.
You will be reported to DMCA and other relevant authorities if you copy this article and ignore to link back to the original source.

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2 Comments

  1. Willetta Gonsalez

    July 17, 2022 at 7:26 am

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  2. Marchelle Ahlheim

    July 19, 2022 at 10:33 am

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How much do cryptocurrency bloggers earn?

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How much do cryptocurrency bloggers earn?

If you are curious about a way to make cash as a cryptocurrency blogger, you are in the right place.

In this article, we’re going to talk about the diverse approaches by which you could earn an income through your writing.

We’ll begin by outlining the fundamentals of cryptocurrency and running a blog, after which we’ll circulate directly the diverse ways that you could monetize your content material. We’ll additionally offer a few suggestions for developing your target audience and creating top-quality content. So, if you are geared up to begin creating wealth as a cryptocurrency blogger, read ahead!

Table of Contents

What are cryptocurrency bloggers?

Not sure who the cryptocurrency bloggers are? They’re the people who write approximately about Bitcoin, Ethereum, and all matters cryptocurrency.

They may be specialists within the area or simply beginning out; however, one issue is certain: they may be obsessed with the topic. And as the recognition of cryptocurrencies continues to grow, so does the demand for nice content. 

So if you are contemplating beginning a cryptocurrency blog, you could guess that there may be lots of possibilities to make cash. 

Read: How much can I make as a blockchain developer?

How cryptocurrency blogs make money

Cryptocurrency bloggers can doubtlessly earn a number of dollars, depending on their level of information and the quantity of time they’re inclined to spend making money on their blog. For example, a few bloggers have mentioned earning up to $10,000 per month from their blogs. This is an outstanding figure, and it’s easily achievable with determination and hard work. However, it’s crucial to understand that this isn’t always the norm, and most cryptocurrency bloggers will now no longer make this form of cash.

The additional amount of cash a cryptocurrency blogger could make depends on the type of content they produce. For example, a few bloggers may be aware of the importance of supplying academic content, including tutorials and guides, at the same time as others may be aware of the importance of supplying information and analysis. 

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Educational content has a tendency to be more lucrative, as it may be offered at a better rate than information and analysis. Additionally, a few bloggers provide consulting offerings or create services associated with cryptocurrency, including buying and selling bots or software program tools, which can also be very profitable.

Who are the top earners within the field of cryptocurrency blogging?

So, you need to recognize how much cash you could make as a cryptocurrency blogger.

Well, it genuinely depends on who you ask. There are a few bloggers who’re creating a fortune, while others are nevertheless simply scraping by. But as a general rule, the more famous and well-respected your blog is, the more money you could assume to make.

There are some pinnacle earners within the area who are really worth mentioning. For example, David Genix from Davidgenix.com, John Biggs from TechCrunch is a writer, consultant, programmer, and former East Coast Editor. He writes especially about technology, cryptocurrency, security, gadgets, gear, wristwatches, and the internet. He is expected to have made over $500,000 from his blog in 2017. And David Seaman, who became a visitor at the Joe Rogan Experience Podcast as soon as it launched, has mentioned incomes over $100,000 in an unmarried month on his blog.

Obviously, those numbers depend on your visitors and how engaged your target market is. But if you are trying to make cash as a cryptocurrency blogger, those are the people you want to be following.

How much can a cryptocurrency blogger expect to earn?

You are probably wondering how much you might earn as a cryptocurrency blogger.

Unfortunately, there may be no clean solution to this query because it relies on a number of factors. For example, how famous your blog is, how regularly you post, and what kind of content you write will all have an effect on your earnings.

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If you need to maximize your earnings, I suggest posting often and writing engaging, beneficial content as a way to appeal to readers. You also need to recall accepting donations or promoting services in your blog.

Read: How to reduce Cryptocurrency Risks and Protect your Profits

What skills and expertise help with earning From a cryptocurrency blog?

You are probably wondering what capabilities and know-how assist with generating income from a cryptocurrency blog.

The most critical talent is manifest expertise in the cryptocurrency marketplace. This may be hard because the marketplace is continually changing; however, if you’re updated on state-of-the-art information and trends, you will be in an excellent position to provide insights and predictions that your readers will find valuable.

In addition to expertise in the marketplace, it is also critical to know how to write well. This approach is capable of expressing your thoughts truly and concisely. You do not want to be an expert writer, but being capable of expressing your thoughts in a manner that is easy for others to understand is critical.

Factors that affect cryptocurrency blog earnings

In addition to the type of content material you produce, there are numerous other elements that can have an effect on your earnings. For example, the scale of your target market is a critical factor. The larger the target market, the more potential there may be for making a living via marketing and promoting products. Additionally, the quality of the content material is likewise critical. If the content material is well-researched and engaging, it’ll entice extra readers and doubtless extra profits.

Finally, the quantity of time you’re inclined to put into your blog is likewise a chief factor. The more time you spend growing content material and selling your blog, the more likely you are to earn cash from it. Additionally, having excellent expertise in SEO (search engine optimization) allows you to grow your visibility and reach a bigger target market.

Finally, it allows for a few simple Internet improvement capabilities. This can be available on hand in relation to putting in place and dealing with your blog. Knowing how to code isn’t always necessary, but it may surely be a precious asset.

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How to build a successful cryptocurrency blog

Building a hit cryptocurrency blog takes a number of years, but it may be pretty profitable both financially and emotionally. First and foremost, you want to be a professional at the topic. You have to have an organization’s expertise in the way the generation works, in addition to the state-of-the-art information and trends within the space.

Second, you want to be an excellent writer. This is critical for any sort of blog, but it is particularly critical in the cryptocurrency world due to the fact that there is a lot of complicated jargon. You want a good way to give an explanation for complicated standards in simple English (or whatever your blog’s language is).

Third, you want to be energetic on social media. This is how you will acquire new readers and develop your target market. 

Last, but not least, you want to be patient. It takes time to construct a hit blog. But if you keep at it and roll out first-class content on a regular basis, in the end, people will become aware, and you will begin seeing results.

Conclusion

So, in case you’re contemplating beginning a cryptocurrency blog or are already in the process of doing so, it is critical to understand what you may doubtless earn from it. The correct information is that there is the ability to earn a lot, but the amount you are making will depend upon some elements, including your blog’s reach, the quality of your content, and how you are capable of monetizing your blog.

At the end of the day, cryptocurrency blogging is an excellent way to make a few extra dollars and will even grow to be a full-time profession if you’re capable of constructing a huge and consistent following. Just ensure you put in the tough work and convey tremendous content, and you also have to be to your manner to earn an excellent profit out of your blog.

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Affiliate Marketing

Affiliate Marketing Tutorial – How I make $8,000 per month

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Earn with affiliate marketing

So I make $8,000 dollars monthly from affiliate marketing and the best part of this is that you don’t need any money to start and literally anyone can start, This is one of the best side hustles to start especially if you want to work from home or from anywhere else in the world.

In this article, I am going to go over how you can start affiliate marketing today and I will be revealing my new updated marketing strategies that you wouldn’t definitely want to miss out.

What exactly is affiliate marketing?

Affiliate marketing is basically when you promote a brand’s product or services with a specific link that you are given and if someone clicks on your specific link and signs up you will make a commission. Honestly, it is a very simple concept that you will be learning about in this article.

Questions you might be asking?

  • How can I do Affiliate marketing if I don’t have an influencer page/platform?
  • Can I start Affiliate marketing without owning a website?
  • How much can I earn from Affiliate marketing?

If your questions fall on one or all of the above, sit back and read this article. it is definitely for you.

Some of the very first step of affiliate marketing is just basically picking a topic or niche that you want to promote. the different topics include:

  • Cooking
  • Fitness
  • Finance
  • Self-development
  • Motivation e.t.c.
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So you could literally pick anything but personally, I will pick finance since that is what I am interested in. Once you’ve picked your niche the next step is to create your social media pages and you would want to create the following:

These social media pages are going to eventually help you promote your different links. I do recommend picking a trendy username in your niche for example I could just pick Finance by David Genix, so once you are done with that the next step is to actually find links you can start promoting.

To actually find these links you are going to be using a couple of different websites, I will be giving you a step-by-step tutorial on how you can use each of these websites.

Clickbank

How to use Clickbank?

First, I will show you how to use clickbank, this is one of the best websites and it is created for beginners. Go to www.clickbank.com and just click on ‘login’, then click on ‘create an account’ after you have done that click on ‘complete my profile’, basically you are to fill in all the information and click on ‘save’.

Once you have done that click on the icon on the top left corner and click on ‘Create my account nickname’ so click on ‘create an account’ and select the account type you want to create e.g Affiliate (Promote product). Enter your account nickname e.g DavidGenix.

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The next thing you are to do is to click on the store icon on your dashboard, you will be taken to a page where you will see all the different affiliate links, so if you are on the ‘travel’ niche you can just click on it there.

There are a bunch of different things you can promote, click on anything you want to promote and you will be taken to the page where you will be asked to put your account nickname and Track ID (optional). I recommend you put something on the track ID space to let you know what you are promoting, once you’ve done that click on ‘Generate Hub links’. Now you can copy your affiliate link below.

You might be wondering how much you’ve made so far on your clickbank account, now go to your dashboard and click on the icon on the top left corner, you will be shown how much you’ve made from each link.

You can watch the video below to learn more about clickbank.

Now that I have shown you how you use clickbank, the next I will want to show you is how to use Amazon Associates.

Amazon Associates

How to use Amazon Associates?

Basically with Amazon Associates, what you are going to be doing is promoting different products on Amazon. Go to the Amazon Associates website and signup. You will need to create your account.

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Once you get to the page that requests for a website, don’t worry you don’t have to add an actual website, you can add any of your social media accounts. After adding all the information you are going to be brought to your dashboard.

If you want to get your affiliate links click on Product links and you can actually find a bunch of different products you can start promoting. You can also pick a section you want to promote e.g You can pick books and textbooks. Click on ‘get links’, then click on ‘text only’, then click on ‘short links’. When anyone purchases those items with your link you are going to earn a commission.

You might be probably wondering how much money you have made with Amazon Associates, just click on ‘Commission income statement’ and it will take you to a page where you will be able to see your commissions.

You can watch the video below to learn more about Amazon Associates.

There are so many other amazing affiliate programs like Rakuten, Honey gold, Online cooking courses and so many others you can promote to make money which we will write on the next topic in our Affiliate marketing category.

Drop a comment below if you have any question on the topic of this article.

Please kindly share this article with your friends and loved ones. Thank you.

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Affiliate Marketing

Earn $100 daily from your Whatsapp status with this secret

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Make 100 dollar on whatsapp daily

I will show you how to make $100 in a day from your whatsapp status.

I have taken my time to answer the following questions:

  • How to make money from whatsapp status views?
  • Make money on whatsapp status
  • How to make money by viewing whatsapp status?
  • Make $100 from whatsapp status
  • Earn money from whatsapp status for free

In this article we will reveal this simple trick that requires no technical skills, no following, doesn’t require you to talk to anybody. Anyone can do this.

I will show you how you can make a lot of money, let’s get started.

Requirements needed for earning from your whatsapp status

  • A phone
  • Whatsapp
  • Access to the internet

Making money on the internet is easy folks, in this article; I will show you how to make $100 every single day doing almost nothing. Just to be clear, you can only receive the money in two ways: You either need an address where somebody or the company can send a cheque to or you need a bank account.

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How to get started

Step 1 A: Clickbank

Now the first thing we are going to do is to go to a site called clickbank.com, click on the link when you are in the site you want to sign up.

Click bank front page

The next thing you would do is to go over to “Affiliate marketplace” section, after clicking on the “affiliate marketplace” you will be able to find products to promote. This is affiliate marketing. Refer to our Affiliate marketing section to learn more.

Affiliate network is a way to earn commissions without ever actually having to do any product support, owning the products, shipping anybody anything, knowing any technical skills or talking to anybody. Literally it spits out links and you send those links to people and you make money.

We are going to click on the “search” icon, there are a lots of product which we can advertise, on the right hand side of each products shows you how much money you can make everytime somebody buys that product from you. Pretty cool right? A market place which tells you how much they will be paying you.

What we will do is to go over the section called “E-business” and “E-marketing”on the left hand side, you can select there or go over to page 2. Click on any product of your choice, a page will pop up enter your account nickname and click “Generate hoplinks”. We can copy our link and start promotion.

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Step 1 B: Digistore24

Digistore24 is an affiliate network that accepts people from all over the world no matter what country you are in.

Digistore24 affiliate network

Just click on “Register now” from the top right top corner, you can sign up immediately as an affiliate.

Step 2: Bit.ly

As you can see on the image below, it is called bit.ly and it says “Short links, big results”.

bit.ly link shortener

Now what we are going to do is to scroll downwards to the place where it says “shorten your link” and we will paste our link right in there and we click the “shorten” button. Now we copy the link and we are going over to Whatsapp. This is where we will starty getting our links out and making money.

Step 3: Whatsapp

What we are going to do here is to send the link to people via messaging or status post, anybody whose phone number you have anybody whose phone number you can get, anybody you can find a way to message on Whatsapp, write them a message and message them with the shortened link we copied from bit.ly

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Using this method you can make more than $100 a day. You can make $469 in a single day.

Step 4: Adf.ly

Let me show you one extra method of how you can make money without people even purchasing from your affiliate link.

This site is called adf.ly. See image below:

Adf.ly - shrink links and get paid

You can actually get paid just if people click your links, so you literally get paid no matter if people buy or not. You might not make $500 from this but you can easily make $100 a day just by sharing this links.

You can take your affiliate link you got from bit.ly and shrink on adf.ly, now we have a new link, we can copy the link and if somebody goes to the link it shows them an ad before it takes them to the affiliate product on clickbank.

Conclusion

The methods I have shared in this article are proven methods, you can get started anytime anyday.

Share this article if you really learnt something, cheers!

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