Digital Gold: Earn Money on the Web. Alex Greench
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about the good, even if you are sad.
96. Sometimes, we don’t get what we want but what we need. So, do not ask: “Why me?” but think: “What for?”
97. All that you have now is the result of your actions.
To have something that you never had, you need to do something that you never did! And to know what to do, you must first change the source of information. Undoubtedly, the new series of “Game of Thrones” is very interesting, but it will be much more useful to open the website cryptocompare or airdropalert.
98. A successful outer life begins with a sense of success inside.
If you are fixated on the mistakes of the past, the difficulties of the present and possible obstacles in the future – there can be no talk of any success.
99. Do not be afraid to take risks.
The saying, “who does not risk, does not drink champagne” is quite relevant. I always remind myself of this. If you are afraid all the time, you will never be successful.
100. You owe nothing to anyone. Nobody owes you anything either.
Everything you owe is written in the tax code, and what you don’t have to do is in the criminal code.
In the world, there is only one person capable of pulling you to the bottom or pulling up – this is yourself.
2. How to Set Goals
1. Think “in writing” on paper.
2. Limit your goal in time. A goal without a time frame is just a dream.
3. Form a goal in the affirmative form in the present tense.
4. Remove the particles “not,” “nor” from the lexicon when setting a goal. Say “I’m healthy” instead of “I never get sick.”
5. Divide the goals into sub-goals and prepare a detailed scenario for achieving them (determine the intermediate results of the goal achievement).
6. Think about the goal, not the difficulties on the way to it. Set the path and go.
7. Be responsible for your actions on the way to the goal.
8. Create an image of the future where you have already reached your goal and fix it.
9. Set big goals. It’s easier to get into them.
10. Behave as if success is guaranteed to you.
3. Recommended Literature
1. Robert Kiyosaki. “Rich Dad, Poor Dad.”
2. Allan Pease. “Answers in Questions.”
3. Dale Carnegie. “How to Make Friends and Influence People.”
4. Robert Kiyosaki. “Cash Flow Quadrant.”
5. Robert Kiyosaki. “Rich Dad’s Guide to Investing.”
6. Chance О. К. “Hot Ten.”
7. Jim Rohn. “Vitamins for the Mind.”
8. Tom Schreiter. “Secret Language of Attraction.”
Movies recommended for viewing
1. The Secret (Documentary, 2006).
Watching this movie should not be postponed. If you don’t understand it the first time – watch it again another day.
2. Rise and Rise of Bitcoin (Documentary, 2014).
3. Wolf from Wall Street (2013).
4. Founder (2016).
5. Big Eyes (2014).
6. Obsession (2013).
III. Practical advice
1. Investing in cryptocurrency
“Cryptocurrency is the currency of people’s monetary independence, and it is more than just a financial unit.”
Nick Spanos
For the beginning, a bit of terminology, interesting facts and history.
Terminology. Cryptocurrencies
Cryptocurrency is a type of digital currency, the creation and control of which is based on cryptographic methods. As a rule, accounting for cryptocurrency is decentralized. That is, the cryptocurrency does not belong to any government in the world. In addition, it does not belong to one particular person. Its operation is based on technologies such as blockchain. Transaction information is usually not encrypted and is available in clear text. To ensure that the base of the transaction blockchain is unchanged, elements of cryptography are used (digital signature based on a public key system, etc.).
The term was entrenched after the publication of an article about the Bitcoin system “Crypto currency,” published in 2011 in the journal Forbes. The very author of Bitcoin, like many others, used the term “electronic cash.”
Sometimes, a new cryptocurrency appears as a fork from another cryptocurrency due to changes in parameters, which makes them incompatible. In this case, both cryptocurrencies can have a common transaction history until the split. In addition to Bitcoin and Ethereum, which have probably already been heard, there are many other currencies. For example, on the coingecko service, information was collected on more than 3,500 coins and on the cryptocompare service, about 2000.
The emission of different cryptocurrencies can occur through mining, forging (minting) or ICO (I will discuss this later).
Discussions on the economic nature and legal status of cryptocurrency are underway. In different countries, cryptocurrencies are considered as a means of payment, a specific product may have restrictions in circulation (for example, the prohibition of operations with them for banking institutions). ³ But it is worth noting that cryptocurrency has long been used in many countries and for many purposes. In Europe, it has already been paying for real estate and other small goods, while in some countries, it is planned and implemented to accept payments for utilities in cryptocurrency. Who knows how else the cryptocurrency will be used in a few years…
Blockchain
Blockchain – built by certain rules, a continuous, sequential chain of blocks (linked list) containing information. Most often, copies of block chains are stored on many different computers independently of each other.
The term first appeared as the name of a fully replicated distributed database implemented in the Bitcoin system, which is why blockchain is often referred to as transactions in various cryptocurrencies, but the blockchain technology can be extended to any interconnected information blocks. Bitcoin became the first application of the blockchain technology in October 2008.
Imagine a digital medical history: each entry is such a block. This entry has a label: date and time of entry. Initially, it is considered mandatory to ban retroactive change of records because it is necessary that diagnostic, treatment, etc. records did not allow different interpretations and remained in their original form. Only a doctor who has one private key and a patient who has another can access the records. Then this information will only be accessed if one of these users provide their private key (for example, to the hospital or an individual specialist). This is an example of how blockchain technology can be used in a medical database.
Blockchain is decentralized, and there is no one common “command center,” hacking that will succeed in destroying all the data about the transaction and its participants or changing them. Hacking one computer will not affect the integrity of the data on the others (as well as on their change).
Blockchain will be a good help for any services where users could worry about possible fraud or data integrity:
– Micropayments
– Bank