How To Make Money Blogging Without Selling Your Soul

Published / by Jonathan / Leave a Comment

There are so many rules when it comes to building a successful, money making blog: use SEO, make it pretty, write engaging posts. The list goes on. Whether you’re brand new or a pro, I know you’ve heard it before. But I think that you can create a blog that you love, that others RUSH to, that makes you income, without selling your soul.

You can make money blogging, let me be the first to tell you. But you do need a plan. I want to share with you how I did, what works, and what I’ve learned from my (many) pitfalls along the way.

I remember a few months after I started blogging I was offered $200 to write a post about adult diapers. $200 was all I heard. HELENE, think for a second. 1. You do not wear diapers. 2. Your audience knows that you most likely do not wear diapers.

I wrote the post. And I am embarrassed to say I did. It did horribly (duh) and I’m sure I lost fans and followers along the way. It’s clear why: I wrote a dumb post and my audience saw through my greed and passed. But I truly thought this was my only path to making money. Then the skies opened up and I found other ways to make money. I realized that I could do it on my terms and in a way that actually made me happy. (Revolutionary!) And it made the people that read my blog happy, too.

My approach to monetizing your blog is very different from others out there. Many people focus solely on one way to monetize. They claim affiliate links are the answer. They tell you to sell a product. Or to sell ads.

Now, none of those are wrong. But just one way isn’t smart, at all. It’s a bad bet to put all your profitable eggs in one basket. Let me put it this way, years ago (maybe 10 or so) bloggers that had lots of pageviews (think 200,000+ a month) could make an income from just ads on their blog. For real. They were able to make $1,000s a month just from people viewing their blog. It’s not that way anymore. With the advent of so many blogs, competition, and ad blockers (some servers actually block the ads from every showing up on your screen), and other elements, the revenue they were pulling in plummeted. Someone with that many pageviews is now making maybe $200-$400 a month. Not $4,000 like before.

So, I hope they diversified their income streams. Without sounding like a stock broker, the message is still true: you need to have multiple outlets to make money from your blog.

But… which are the most profitable? Which should YOU, personally focus on? And how can you do it all without selling your soul? (Aka talking about adult diapers.)

What you need to know first: anyone can make money from their blog. The internet is this weird and wacky place that allows us to do this. Thank you, internet. As someone who has been working for myself for the past two years I can tell you firsthand that you can. But there is a caveat to that. I have tried and failed. My first business attempt was a total bust. But this was a good thing. Because it taught me that I didn’t have to follow the mold on what makes money online.

And you don’t have to either. You can follow some simple strategies and steps to ensure that you create a blog that makes money. I want to let you know, I have tried it all when it comes to making money from my blog. A lot of them were very time consuming and really, I didn’t have my heart in it.

The truth is: you can make money as a blogger, you just have to find YOUR profitable path.

My blog has changed my life in so many innumerable ways. But I can’t forget to mention the fact that it has truly allowed me to live out my dream. That isn’t fluff. That’s the honest truth. My blog has allowed me to quit my job, move abroad, travel the world, and even have my husband work with me on this adventure (that’s a brand new one!).

All of this sounds great, right? Yes! But without a little guidance it really doesn’t take you from $0 to money in the bank. That’s why I’m hosting a FREE workshop to break it all down.

Buy domain name and best webhosting from domitree 

How I Made $24,000 in 4 Weeks of Cold Calling Sales Secret

Published / by Jonathan / Leave a Comment

Sales are the lifeblood of every business. Major companies rely on cold calling to generate a large portion, if not the majority of their revenue. I spent a year and a half cold calling for a fortune 500 company and progressed from straight out of college, no experience and “rough around the edges” to making $24,000 in one month.

I was trained with a library of tested and proven sales strategies. Anyone can do the same if they know the process and pair it with hard work.

Here’s how:

1. Have a rock-solid script.

There’s a saying that: “Success is due in part to process and preparation.” Meaning how you do what you do, and how prepared you are. You prepare yourself by crafting a compelling script. That starts with meticulously writing out everything, from your intro to the types of questions your prospect will ask and how you’ll answer it. You want an arsenal of tested lines and examples to use during your pitch. Afterward, practice the script out loud until you have it memorized and it no longer sounds scripted.

2. Keep an organized pipeline.

A pipeline is your list of prospects. It’s how you keep track of who you’ve reached out to, need to reach out to, and pitched.You need to look at sales from a bottom-up perspective, meaning that if your process is bad it doesn’t matter how many calls you make or how good you are, you won’t be successful. The simplest way to organize your pipeline is to start with these categories:

Reached out to
Need to reach out to
Closed
You can organize your pipeline using Google spreadsheets, Excel, salesforce, etc.

3. Work hard.

The dials won’t make themselves. Sales is a numbers game. The more prospects you talk to the more opportunities you have to make money. When I made $24,000 in a month I was making 60 to 100 calls per day. Most salespeople give up after one or two calls if they don’t get in touch with whomever they’re trying to reach. A study shows that it takes an average of eight attempts to get in touch with the decision maker. Although it’s important to put in the work, don’t dial arbitrarily and burn through your leads.If you’re dialing mindlessly then you won’t make much headway. Be strategic and revisit leads that you weren’t able to get in touch with the first time. Lastly, be enthusiastic on your calls. No one wants to listen to someone that sounds unexcited about their own product.

4. Pitch qualified leads.

The biggest waste of time is pitching someone that’s not a good fit for your product or service. Time is precious. Even if you find someone that’s interested in hearing your offer you should still qualify (question) them to see if they’re a good fit. A good prospect is someone that you are likely to close.

Say you’re selling advertising, a few good questions to ask are:

Are you currently in an advertising contract with someone else? If so, you’d want to dig in and ask if they are willing to pay for additional advertising right now.
Can you handle more business? If they can’t handle more business, no matter how sweet your offer is and how much they like it, they won’t buy. There goes an hour you spent with them that could have been used on another prospect. It’s your job to ask the right questions to make sure they’re the right fit.

It’s also important that you only pitch the decision maker(s), i.e. whoever makes the buying decisions (typically the owner). Don’t waste time pitching a non-decision maker because usually you won’t get a yes right away. They’ll have to run it by the owner, and they probably won’t adequately relay the value of your product to them. You need the owner on the phone so you can show value, answer, and clarify any questions/objections.

5. Set the right expectations.

Don’t beat around the bush with your prospect. A lot of salespeople tend to dance around the reason for this call. They say, “…Tell you your free options.”

Most people can sniff out if you’re holding something back, you never want to come off as shady, just be upfront. Salespeople do that because they don’t want to scare off a prospect. They dance around what the conversation is really about (usually spending money) until the very end. You never want to surprise the person you’re pitching. If your goal is to get them to spend money at the end of your conversation, say that up front so they’re expecting it. It’ll be difficult to close a deal if they weren’t prepared to spend money in the first place.

Here’s how setting the right expectation might sound: “Hey so and so, thanks for taking the time to talk with me. On this call I’ll learn a bit about your business, show you our product and how it can help grow your business, and if at the end you like it we’ll get you signed up for a package, cool?”

Do not proceed until your get their buy in. Meaning after you say “cool” wait for their response. If they say “ok,” proceed. If they don’t, ask again. If they have a problem with that, then you have the opportunity to handle their concerns upfront, so there are no surprises for you at the end or confusion as to why they don’t want to sign up.

That also gives you ammo when you go for the close. If at the end of the conversation, if they say: “Well, it seems like a great product, but I don’t have the budget right now.”

You have the right to call them out and say: “Well you knew this was about spending money, why did you take the conversation?”

6. Follow the objection handling triangle.

A strategy for you to internalize is the objection handling triangle. This will come in handy when you get to the close. Objections are inevitable even if you give the best pitch in the world, your prospect may still try to poke holes in it and give reasons as to why they don’t want to buy. It’s OK because they’re scared and spending money can be scary sometimes. The best way to ease their concern is to follow the objection handling triangle:

Objection: This is when you’re client gives you a reason they don’t want to buy. Typically this happens because they’re not sold on your product. What do you do next?
Value: You give them more value. Reinforce how your product or service is going to help them. How will this change or revolutionize their business?

Ask: Ask for the sale, meeting, or whatever you’re hoping to get out of the conversation. Surprisingly people tend to give their spiel and expect their customer to say something along the lines of, “sign me up now.”
That rarely happens. It’s your job to convince them and ease them into the yes. If you follow the strategies laid out above there’s no reason why you can’t close thousands of dollars consistently every month.

How can I invest In Bitcoin in 2019

Published / by Jonathan / Leave a Comment

Do you want to know how to invest a few hundred pounds in bitcoin. It’s not hard to buy bitcoins, but whether they are an investment or a gamble is another matter

How can I invest in bitcoin? I’d like to invest a few hundred pounds.

There are at least three ways, though only one of them looks rational today. First, you could mine your own bitcoins. Second, you could buy some from an exchange. Third, you could buy shares in a fund that has invested in bitcoins.

Please note that answering your question is not a recommendation, and I am not qualified to give advice on investments. However, as electronic payments expert Dave Birch put it to me on Twitter: “one doesn’t invest in bitcoin, one gambles on bitcoin”.

The problem is that people can make money by buying things that are essentially worthless, such as used postage stamps, Beanie Babies, and (historically) tulip bulbs. Tulipmania operated on the “bigger fool” theory, also known among stock traders as “momentum investing”. For example, tulip bulb prices may be insane but they keep going up. I may be a fool to buy them, but I expect a bigger fool to buy them from me. Simply replace “buy low, sell high” with “buy high, sell higher”. This works until you run out of fools.

However, you can buy things that don’t depend on bigger fools appearing, such as land and gold. Their prices may vary dramatically, but over the long term, they retain real value. When tulip bulb prices were tumbling, everyone wanted to sell. When gold prices tumble, people with money look forward to an “investment opportunity”.

Does Bitcoin have value?

Bitcoin is a digital currency. If you want to buy a camera for £250, then you need a way to transfer £250 to the seller. In theory, it doesn’t matter if you pay cash, write a cheque, email the money via PayPal or use bitcoin. In reality, you have to balance a range of factors including convenience, security and transaction costs. I’d use a credit card, if possible, because bitcoin payments are not reversible and offer no consumer protection.

But if you are investing, does bitcoin have an intrinsic value, like gold? To me, bitcoins look more like tulip bulbs.

The price of a bitcoin may increase because, for example, it is attractive to technology enthusiasts, and because we are all reading stories about how people made – or failed to make – fortunes. But, like tulip bulbs, bitcoins could be worthless when the bubble bursts.

As Henry Blodget told CNBC: “Look, this is a perfect asset for a speculative bubble. There is a finite supply. There is no intrinsic value. If anybody is persuading you that it should somehow be related to some GDP or gold … put down the Kool-Aid and back away.”

You could argue that banknotes don’t have any intrinsic value either. However, banknotes are backed by governments that have a strong interest in keeping their value relatively stable. Governments don’t (yet) care what happens to bitcoins.

Mining for money

Bitcoins are “mined” by people solving problems with computers. In the beginning, the best way to make money from bitcoins was to mine them with a home PC. However, bitcoin mining becomes more difficult the more miners there are. Today, you need specialised hardware, and you need to join a “mining pool” where large numbers of miners work together and share the results. Coins are not pure profit because of the cost of the hardware and the electricity consumed when mining. Also, you don’t know what bitcoins will be worth when you start mining them.

However, there must be dozens of digital currencies besides bitcoin, and the CoinChoose website lists a Top 20. Well known alternatives include Ethereum, Litecoin, Dogecoin and Bytecoin. You might find one that is still worth mining, or that might represent a better gamble than bitcoin. CryptoCompare is another useful website.

Ethereum is interesting because it’s backed by an alliance that includes JP Morgan, Microsoft, Intel, Banco Santander, Credit Suisse Group, UBS and BP. It’s designed to perform transactions very much faster than bitcoin, and its hashing system is decentralised by design. It favours individuals, not mining pools.

Buying bitcoins

You can buy bitcoins from a bitcoin exchange or online broker, directly from another individual, or from an ATM. Coin ATM Radar lists about 50 bitcoin ATMs in London, many of them in convenience stores. As when buying foreign currencies, there’s a fee, which can range from 3.1% to 17.6%. The website covers 56 countries and you can search for an ATM near you.

A bitcoin ATM usually takes cash from your bank card, though some only accept banknotes. It sends your digital currency (bitcoin, litecoin etc) to your wallet, which could be a smartphone app, or to your email address. Some ATMs can print “paper wallets” that you can scan later.

If you buy a digital currency from an exchange, it may well offer you an online wallet, but your money is at risk unless you have the keys. When the Mt Gox bitcoin exchange was hacked, around 850,000 bitcoins went missing. It was a $450m loss at the time, but at today’s exchange rate, it would be $2bn.

Wallets

There are dozens of different wallets for different purposes, with “hot” wallets on smartphones and “cold storage” wallets held offline on paper, on hardware devices (cards, thumbdrives etc) or on separate PCs. These are equivalent to your spending money and your savings account respectively.

You will need to research wallets. However, We Use Coins has a decent guide, and it recommends BitPay’s Copay to beginners. It’s easy to use and it runs on iOS, Android, Windows and Windows Phone, MacOS and Linux. It can also handle shared accounts.

I used my Android phone to search for “bitcoin wallet” on Google Play, and gave up when it produced around 200 results. Copay was near the top. It only took two minutes to create a wallet, and it prompted me to make a backup: “Watch out! If this device is replaced or this app is deleted, neither you nor BitPay can recover your funds without a backup.”

It also warned me that “Anyone with your backup phrase can access or spend your bitcoin”. I dutifully wrote it down.

Once the wallet is set up, you can use the app to buy bitcoins from Coinbase in 33 countries, and from Glidera in the USA. It can take several days to buy or sell bitcoins via Coinbase.

Alternative strategies

Some investors – presumably ones who do not have teenage children – think bitcoin is “for the tech-savvy, difficult to buy and perhaps even harder to store safely”. This has given rise to funds that buy bitcoins or related assets such as mining companies. Last month, The Motley Fool described one ETF as The Worst Way to Buy Bitcoin. At the time, the story said, shares in the Bitcoin Investment Trust cost about twice as much as the bitcoins it owned, but typically they “have traded at an average premium of 39% to underlying value of the bitcoin”.

You could buy dollar bills for $1 each, so why would anyone pay $1.39 to invest in a $1 bill … which is actually worth less than $1, because of the 2% annual management fee? Answer: “the laws of supply and demand”.

Other American investors were conned by a Ponzi scheme that offered shares in bitcoin mining machinery.

Stories like that could be signs of a bubble market, but if so, when and how it will end is impossible to say.

10 Bitcoin-Friendly Countries That Legalized Cryptocurrency

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Bitcoin’s growing acceptance has created a list of countries that are proving to be early adopters of new technology.

The Blockchain is a massive leap in technology that has left regulators playing catch-up. Much like other technological advancements here, most lawmakers are far behind in terms of defining the legal structure around which Blockchain-enabled solutions can work.

Let us first spend a little time defining the problem lawmakers face.

The lawmakers’ dilemma

Traditionally money is issued by the central bank and it has a strong backing in terms of gold/foreign exchange which keeps its value. The advent of Blockchain technology has made it possible for people to get access to currencies which are not issued by the central bank.

The robust and decentralized nature cryptocurrencies also make it difficult to link it’s to an owner as required by regulators. In simple terms, it is difficult to identify criminal transactions.

This is giving lawmakers sleepless nights. While some simply block any use of cryptocurrencies by legislating against it, others noticed the value in Blockchain technology and are supporting it with the proper legal framework.

What is the need for having a cryptocurrency?

In simple terms Bitcoin’s decentralized network allows users to transact directly, peer to peer, without a middleman to manage the exchange of funds. This makes it a very affordable way of transacting as against the legacy banking network.

Bitcoin increases system efficiency and enables the provision of financial services at a drastically lower cost, giving users more power and freedom making it safer, simpler and more robust.

The Bitcoin network is also a system where data is owned users and not by a company or government putting a lot of control in the hands of the users and taking it away from companies. This is important as more and more cases of data misuse are getting highlighted on a regular basis.

We will focus on which countries accept Bitcoins as a legal mode of transaction in this blog post.

Bitcoin popularity by countries

A cryptocurrency is just one of the ways of transacting in a marketplace. The acceptance of such a system is dependent on many factors including Internet access and societies recognition of digital payment modes against physical currency.

Many countries have shown willingness to accept the innovative technology that Bitcoin brings with it. There is no standard way of ranking the acceptance of cryptocurrencies, we only highlight the nations (in random order) that allow its use in regular financial transactions and where people have started using it regularly.

The leading countries that have had a pro-Bitcoin structure are:

– United States of America

– Canada

– Australia

– Select countries of the European Union

A few countries like Belarus have taken the lead in identifying Blockchain technology as a driving force for future innovations and have enacted a law enabling set-up of cryptocurrency-hubs. According to an official press statement,

“Alexander Lukashenko, the President of Belarus, has signed a Decree on the development of the Blockchain-based digital economy, which also implies the official development of cryptocurrency payment acceptance, mining and trading”.

Moreover, tax privileges will be introduced for transactions with cryptocurrencies.

Taking a deeper look, we can list the following 10 countries as the most Bitcoin-friendly countries as of today:

1. Estonia

2. The US

3. Denmark

4. Sweden

5. South Korea

6. The Netherlands

7. Finland

8. Canada

9. The UK

10. Australia

All of these countries now have Bitcoin ATMs and even regular businesses in these countries have started accepting Bitcoins as a mode of payment for goods and services. The legal framework is supportive of the new developments and some countries even provide tax breaks for people using cryptocurrencies.

The push for Bitcoin is also supported by government efforts involving reduction of physical cash-based economies.

Many countries are trying to become 100 percent cashless societies. Select countries in the EU have given Bitcoin a value-added tax-exempt status by classifying it as a financial service. This is speeding up the adoption of such robust and decentralized payment methods in these pioneering countries.

Many countries like Denmark, Sweden and the US allow Bitcoin to be used on exchanges and even on the derivatives market. This is leading to cryptocurrencies being more widely accepted in financial institutions and by the public.

Countries leading the Bitcoin revolution
The United Nations Sustainable Development Solutions Network publishes an annual report called the “World Happiness Report.”

The report ranks 156 countries across six factors including GDP, life expectancy, social support, generosity, freedom, and corruption. We believe that sustained reduction in factors like corruption can lead to growth in happiness the world over.

Now, what is the link between happiness or corruption and Bitcoin? The traditional systems in the world gave power in the hands of a few centralized. This is also a source of corruption and in turn unhappiness.

Technological advances like Blockchain are making the world decentralized giving people control over their data and thus giving more freedom to the masses. In our humble opinion technological breakthroughs like the Blockchain have the potential for reduced centralized control and cost of doing things making more stuff available and affordable to people and thus grow happiness in the world.

It is not surprising then that the UN report on happiness and the top 10 countries adopting Bitcoin have a lot in common. Actually, as many as six countries feature on both the list. These countries are:

– Finland

– Denmark

– The Netherlands

– Canada

– Sweden

– Australia

These countries are defining adoption of technology, they are giving greater control and freedom to their citizens and are mostly corruption free. Thus, the high happiness factor.

The world is still waking up to the possibilities of the Blockchain, regulations have a lot of catching up to do and we are quite sure that technology will continue to move much faster than regulation.

Although Bitcoin is now almost a decade old, countries still do not have explicit systems that restrict, regulate, or ban the cryptocurrency. Most countries are still analyzing ways to properly regulate cryptocurrencies.

Overall, Bitcoin remains in a grey area as laws are still not there. To top this all off, there is a lot of noise around the value of the currency which is generating speculation and negative interference from regulatory agencies.

We believe this to be a passing phase, as more and more people understand the strengths of Blockchain more countries will come forward and accept cryptocurrencies as a legal and required mode of transactions in their marketplace.

How Does Cloud Bitcoin Mining Work? And How To Earn 1 BTC

Published / by Jonathan / Leave a Comment

If you want to invest in bitcoin mining without the hassle of managing your own hardware, there is an alternative. You can use the cloud to earn your coins.

Put very simply, cloud mining means using (generally) shared processing power run from remote data centres. One only needs a home computer for communications, optional local bitcoin wallets and so on.

However, there are certain risks associated with cloud mining that investors need to understand prior to purchase.

Pros

Here’s why you might want to consider cloud mining:

  • A quiet, cooler home – no constantly humming fans
  • No added electricity costs
  • No equipment to sell when mining ceases to be profitable
  • No ventilation problems with hot equipment
  • Reduced chance of being let down by mining equipment suppliers.

Cons

Here’s why you might not want to consider cloud mining:

  • Opaque mining operations
  • Less fun (if you’re a geek who likes system building!)
  • Lower profits – the operators have to cover their costs after all
  • Contractual warnings that mining operations may cease depending on the price of bitcoin
  • Lack of control and flexibility.
  • Types of cloud mining
  • In general, there are three forms of remote mining available at the moment:

Hosted mining

  • Lease a mining machine that is hosted by the provider.
    Virtual hosted mining
  • Create a (general purpose) virtual private server and install your own mining software.
  • Leased hashing power
  • Lease an amount of hashing power, without having a dedicated physical or virtual computer. (This is, by far, the most popular method of cloud mining.)

How to determine profitability

We have previously covered ways to calculate mining profitability. However, the web services offered are designed to work with your hardware parameters, not cloud-mining parameters.

Even so, you can still use these calculators by thinking clearly about the costs involved. Profitability calculators (for example, The Genesis Block) often ask for your electricity costs, and sometimes the initial investment in hardware. Effectively, you are being asked for your ongoing costs and your one-off investments.

Therefore, since the provider, not you, is paying the electricity bills, you can enter the monthly mining bill in place of the electricity cost.

The conversion process isn’t completely straightforward, though. In the case of hardware miners, you can work out the monthly running cost by multiplying your electricity charge (ie: $ per KWh) by the power consumption of the unit and by a conversion factor of 0.744 (the ratio of seconds per month to joules of energy per KWh).

But, for cloud mining calculations, you need to do the opposite, because the provider gives you an (effective) monthly running cost. Hence, you need to calculate an equivalent cost per kilowatt hour to feed into the mining calculator. This is done by dividing (not multiplying) the monthly running cost by the 0.744 conversion factor mentioned above.

Risk vs reward

When engaging in any type of cryptocurrency mining there are risks, but profitability is possible if you make the right choices. In this article, we’ve given you some pointers on how to decide which way to go.

In your test calculations, you will likely see that some cloud mining services will be profitable for a few months, but, as the difficulty level of bitcoin increases, you would probably start to make a loss in four to six months and beyond.

A possible remedy to this situation is to reinvest what you have made into maintaining a competitive hashing rate, but this is highly speculative.

As mentioned above, the risk of fraud and mismanagement is all too common in the cloud mining space. Investors should only invest in cloud mining if they are comfortable with these risks – as the saying goes, never invest more than you are willing to lose.

Investigate social media channels, speak with former customers and ask pointed questions of operators prior to investing. Ultimately, you should practice the same kind of due diligence that you would for any investment.

Disclaimer: This article should not be viewed as an endorsement of any of the services mentioned. Please do your own research before considering investing any funds via these services.

Altexch.io Ico Review Airdrop Free Coins

Published / by Jonathan / Leave a Comment

Altexch is a new global trading platform that will offer a variety of tools for the success of the traders. It will have the best of major exchanges like Binance and it will also include services like:

Cryptocurrency Exchange ALTEXCH
Multy currency Wallet with exchange
Exchange’s API
Margin Trading
Crypto Binary Trading
AEX Token – Lifetime Passive Income (Referral Program)
AEX Token

AltExch will also introduce its own token, which ICO start this November 15th, 2018. With this token people will be able to buy and sell their digital assets in the platform. The more assets the exchange platform has, the more profit will be made, which means more income returns to the token holders.

ICO Elements
Total Token Supply: 1 Billion
Token Symbol: AEX
Hard Cap: $30 Million
Soft Cap: $6 Million
Accepted Currencies: ETH, BTC

Fund Allocation
Marketing: 30%
Teach: 50%
Reserves: 10%
Legal: 10%

Note: All Unsold Tokens Will be Burned.

Overall, the platform will have a single and user friendly interface than even the novice will be able to surf through easily. People will obtain profits either by trading or even by passive income (referring investor) with its lucrative referral program.

AltExch Airdrop

As of now, they are running an airdrop where you can get 100 FREE AEX Tokens worth $10 just for creating a FREE account.

You Can Create Your Account And Claim The Tokens Here

This platform will come in handy for all kinds of people who want easy and functional trading platform.

Why Satoshi Nakamoto Deserves a Nobel Prize

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Alfred Nobel died with regrets. After making a fortune off of explosives, he indicated in his will that his fortune should be used to make a prize awarded each year to those who “conferred the greatest benefit to humankind.” By all accounts, his namesake award has been a success — winners are curing cancer, ending wars and discovering exotic bosons. Only a handful of humanity has won a Nobel Prize — be it in medicine, physics, chemistry, literature, economics or peace — all of them distinguished for their exceptional work.

Yet the 123-year-old institution has grown increasingly moribund, devolving into a system in which a council of predominantly old men dole out their honors to other old men, often remarkable for their work but relatively unknown outside the small circle of their community. As a result, the prize has grown almost entirely insulated inside academia, separate from more widespread advancements being made in the wider world. So in an attempt to reconnect with the public, the Swedish Royal Academy of Sciences has begun to recognize more controversial figures. When the committee wanted to revitalize the prize for literature, they awarded Bob Dylan. So who could they choose to do the same for the economics prize?

Satoshi Nakamoto, the anonymous creator of Bitcoin.

This would be no stunt: Satoshi Nakamoto deserves a Nobel Prize. For the first time in human history, Nakamoto devised a way to remove trust from financial interactions. The creation of Bitcoin is a concrete, irreversible event that today affects the lives of hundreds of thousands of people. It created the foundation for technology that would produce the blockchain, smart contracts and the economic theory of asset tokenization. Most people on the street have heard of Bitcoin. The same cannot be said for Contract Theory or Behavioral Economics — the fields of study that garnered the prize for the most recent laureates. That’s not to cheapen their work — it takes a brilliant mind to advance an entire academic discipline — but cryptocurrency has perhaps had a more public impact on modern economics. It deserves recognition.

Some distinguished academics have even acknowledged this milestone. Dr. Bhagwan Chowdhry, Professor of Finance at UCLA, was asked in 2016 by the Nobel Committee to nominate someone for the prize, and he chose Nakamoto. The committee, unfortunately, rejected this out of hand, due to Nakamoto’s infamous anonymity. The press officer of the Swedish Royal Academy of Sciences said in a statement after the rejection that “the prize, as in this instance, the Sveriges Riksbank Prize in Economic Science in Memory of Alfred Nobel, is never awarded anonymously nor posthumously.”

Dr. Chowdry had a response ready for this critique. As a fix, he proposed accepting the prize on his nominee’s behalf after giving a speech written by the winner, with the prize money being converted into bitcoin and sent to Nakamoto’s most likely digital address. This makes laughable the idea of Nakamoto being an inaccessible hermit. All that would be missing from a ceremony would be the winner’s physical body. In the digital age, where words can be sent instantaneously across the globe, physical presence becomes insignificant and makes Nakamoto’s anonymity immaterial to their presence in the room.

If the committee’s obstinance stems instead from a belief that winners must suborn themselves before the Royal Swedish Academy of Sciences, then perhaps they should ask themselves what is more important: the pride of the institution or the achievement of the honoree. Nakamoto would be a challenging winner, for sure: his lack of institutional credit flies in the face of the steady pedigrees that hold up the credibility of the Nobel Prize. But sometimes, subversion infuses an old system with new vigor. The world needs doctors to understand and appraise its systems, but it also needs hackers, disruptors and other such malcontents to, at times, redefine these systems at their core. These actions form the life cycle of any economy, but thus far only the former have received any formal accolade.

At a time of tremendous technological and social transition, the committee would show prescience by elevating the work of one of the world’s most dedicated disruptors. The creation of Bitcoin and cryptocurrency marks the most drastic innovation in the economic sphere since game theory, and should be directly honored as such. As the originator of the technology’s philosophy, Nakamoto deserves to be honored for their contribution to the economic thought of the 21st century: a decentralized medium of exchange, self-guaranteed by technology in a way that was not possible at any previous time in human history.

Given Nakamoto’s anonymity, this honor would be a symbolic one (although the cash prize would not), but an anonymous award perhaps suits cryptocurrency best. Bitcoin came about through collaboration and continues to expand and improve through the efforts of a dedicated community of cryptocurrency experts. To give any one of them a Nobel Prize would belittle the contributions of the rest. Satoshi Nakamoto, as an unknown representative of the entire field, can become a symbol for the whole of cryptocurrency, which deserves the world’s attention regardless of those involved.

If the committee’s only grounds for denying Nakamoto’s nomination are that he won’t present himself, then the Nobel Prize could stand a little decentralization. Alfred Nobel established a prize in his name to foster the ideas and attitudes he wanted to see in the world. The Nobel Prize has never, at its core, cared about those who won it over the reasons why they won. They helped improve the world, and if someone else had done it better, they would have won instead. On the subject of Nakamoto’s nomination, on which the committee is caught between tradition and spirit, the moribund institution of the prize needs revitalization. A dash of controversy keeps things fresh. Let crypto start the next conversation.

Earn Bitcoin Every day here

How to Make $100 Per Day Proven Guide

Published / by Jonathan / Leave a Comment

Are you broke and you want to make $100 per day in this guide you will learn how to make $100 per day online

You sold your house, you sold your couch, you even sold your girlfriend/boyfriend. And yet, you still have no money to your name.

You have no product to sell or money to spend on Facebook ads. But yet, you still want to find a way to make $100 per day online.

I mean how cool would that be?

To be broke as hell, yet still manage to accomplish $100 a day consistently.

If you have no money to drop ship a product or to spend on advertising, then the best way to do it is through affiliate marketing.

What Is Affiliate Marketing?

Well before I get into affiliate marketing, let me ask you a question. Are you familiar with these guys?

Chances are that you may have heard them before. What the hell am I talking about you know for damn sure who these companies are. They are some of the biggest companies in the world and make billions of dollars a year.

But when you study them more closely this is what they are in essence:

  • UBER: The world’s largest taxi company that owns no vehicles
  • Facebook: The world’s largest media owner that creates no content
  • Alibaba: The world’s most valuable retailer that has no inventory

Airbnb: The world’s largest accommodation provider that owns no real estate
Its really not that complicated. All these companies do is they find people with a problem and match them with the products that they already desire. They find where there is already demand and they connect them with a supplier that already exists.

Meaning they have no product.

They were simply the middleman between the supply and demand. This is the basics of affiliate marketing.

How I Got Into Affiliate Marketing?

So when I started traveling and posting pictures on Instagram, people started asking me what I did. I told them ecommerce.

Naturally they asked me how to set that up, and I told them just go to shopify and create your own store.

With so many people asking me, I ended up getting annoyed with answering the same question over and over again. I did not want to waste my new found freedom on repetitive conversations.

So I created a couple blog posts on how to set it up..

I googled “shopify affiliate program” since I knew about affiliate marketing and signed up for their program since I was a happy customer of shopify. They ended up giving me a special link.

Now whenever someone would ask, I would simply send them through the blog posts with the link. If they ended up buying, then I would get paid.

At first I got a commission sale once every couple of weeks..

But as my brand grew.. So did my affiliate income.

As you can see it started paying me an extra $1500 to $2000 every two weeks. Which you do the math is about $100 a day on average. Yay me!

Now here is the crazy part..

This took no money to my name whatsoever. I didn’t have to create a product to sell. All I did was recommend something that I was already a proud customer of. I setup my affiliate link that they provided me only a couple of times on my blog that one time…

And now I get paid consistently with no effort.

This is what passive income is like. I did something once and now i’ll paid for it the rest of my life. Not to shabby for zero dollars spent wouldn’t you say?

Because of this, I started looking into the products I was already using and found out if there were affiliate programs as well. Good news. There were!

Now whenever I like something a lot from books to software, I write a blog post about it and will now have the ability to make money from it forever from that one link.

But I am not special. Literally anyone can do this.

Here is the thing, you may not know this but you are doing this already. From the clothes you wear to the food you eat, you are basically a walking billboard for so many companies that aren’t paying you a single cent for your free advertising.

When I go to Chipotle and order a bomb ass burrito bowl with extra guacamole, double chicken, and another layer of cheese and sour cream, and someone looks over to me and asks where I got that.. do you think Chipotle gives me a commission when I tell them?

Hell no.

With affiliate marketing, you can now have the power to get paid by recommending the products you already enjoy.

How to Get Started With Affiliate Marketing

The first step in affiliate marketing is finding out what products you are already using, and finding out if they have an affiliate program. Chances are they do.

For example, have you ever heard of a vitamix blender before? They are super expensive blenders ranging from $200 to $500. But they are insane. My mom uses it every single day to make herself smoothies and juices. She loves it so much that she recommended it to all her friends.

But she is not the only one.

There are people out there that are recommending the same product as her, except they are getting paid. Here are the steps:

  1. Sign up for Amazon’s Affiliate Program here
  2. Choose from the thousands of products you can promote for free and get paid from
  3. Create a YouTube video reviewing the product that you like
  4. Create a blog and write about what you basically talked about in the YouTube video
  5. Free visitors go through your link
  6. Amazon pays you for referring them
  7. Repeat with several products until your first $100 day

Here is an example with the blender that we mentioned earlier.

Check it out. The video has over 200,000 views and the description is filled with affiliate links. If someone ended up buying through that link, this person would get a commission.

So How Do I Make $100 Per Day?

Well of course the commissions will be very small at first. And $100 a day will most definitely not happen over night. But with time and patience, you don’t have to be the next Uber or Airbnb to profit by connecting people with the products they already desire.

No matter how broke you are, anyone can do this.

But it begins with a game plan.

So sign up for Amazon’s affiliate program, create your blog, and start testing out affiliate marketing for yourself.

Highly Recommended: How to make $10,000 per month online full video guide