If You Are Already On Steemit This Video Is Not For You

in steem •  7 years ago 


How to turn STEEMIT earnings into REAL CASH in your pocket.

This is a video I made primarily for friends and family on Fakebook and Instagram and other social media outlets. Everyone has been recently asking me "Can you really turn this crypto into REAL money?" Yes you can turn it into fiat fairly easily.

Posting on d.tube, YouTube, Facebook and Twitter

Thanks for watching, HM


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From one rider to another, ride safe!

Mitch, you get a follow for being on two wheels.

Thanks brother!

This was such an informative and valuable post, thanks for bringing clarity to the monetary side of the platform.

Although I’ve only just started on the Steemit several of your points already heavily resonate with me, I’m finding it difficult to justify creating and posting content on other platforms when Steemit and dTube are more transparent, community driven and decentralized. Keep up the great work my friend, peace.

David, thanks so much for the kind comments. Glad I could help out. Welcome to steemit! You will be glad you are an "early adopter". There is so much happening on this blockchain its exciting.

Keep doing you and be authentic to yourself.

Remember the post you earn $.02 today on could be worth $200 a few months from now.

Thanks for the encouragement man, it’s definitely motivating to hear about the potential of long term content creation on the platform. I was originally only intending to post blogs on dTube but now I’m considering also blogging on Steemit after watching your video.

I've been trying to figure this out. I heard the bank can close your bank account if they see you are getting paid from a crypto exchange. Do you set up a separate bank account or something especially for crypto currencies ?

I have heard that. Capital One is supposed to be shutting off accounts. Along with some others I can't remember now.

I use Wells Fargo. They are crooked enough to want my money no matter where it comes from.

Why Coinbase? Why not Bitstamp? Coinbase is expensive because they still have not optimized their platform (segwit and batching).

Because this video is made primarily for people who are newbies to crypto. Too many steps and they get confused. G-Dax would be ideal but most people are not comfortable with exchanges yet.

Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies. Today's market cap for all bitcoin (abbreviated BTC or, less frequently, XBT) in circulation exceeds $7 billion.

There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite its not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.

Wow man. Thanks for the history lesson on bitcoin and NOT upvoting me.

Are you the REAL Satoshi Nakamoto?

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