Learn Other Ways to Make Money
Photo by Andre Francois on Unsplash
Bitcoin is the first cryptocurrency and was founded in 2008.
10 years later we have more than 1,000 cryptocurrencies in the market.
Cryptocurrencies are very popular.
Now everyone wants to invest in cryptocurrencies
Now you hear things like:
“It’s the business of the future”
“You need to invest in them before it’s too late”
Maybe these statements are true.
However,
I wouldn’t invest in cryptocurrencies:
I wouldn’t invest in any cryptocurrencies because they don’t add value to society.
This type of investment only produces benefits to the people who invest.
Cryptocurrencies don’t improve the education of your country. They don’t fix the roads.
It’s only a business for those who invest.
And that is so wrong.
We have to do things that benefit society
I’m a stoic, and one of the lessons of stoicism is to help society.
Marcus Aurelius says:
“That which is not good for the bee-hive cannot be good for the bees.”
We must have that philosophy as its maxim: “never do anything that doesn’t benefit citizens.”
Blissful is the man who is capable of building something that benefits society.
So:
What things can I do?
“A workplace with countless rows of desks.” by Alex Kotliarskyi on Unsplash
Create your startup
The beauty of startups is that they do contribute value to society.
Startups make life easier for people.
The best example I can give you is the unicorn companies.
The Unicorns Club is a group of companies that reach a value of more than one billion dollars.
The club has members like Facebook, Uber, Airbnb, Snapchat, Palantir, Space X, Pinterest, Dropbox, We Work, Theranos, Square, Evernote, Linkedin, Twitter, Waze, etc.
On average, four unicorn companies per year were born in the last decade.
Each of these companies improves the quality of life of citizens in ways never before seen.
If they could, why not us?
Maybe we are less successful in creating a company. We may fail several times in the process. Maybe we’re better at cryptocurrencies. However, there is nothing more rewarding than having built a company.
If you want to know more about this type of companies, read this👇👇👇
Welcome To The Unicorn Club: Learning From Billion-Dollar Startups_Many entrepreneurs, and the venture investors who back them, seek to build billion-dollar companies. Why do investors…_techcrunch.com
Photo by Fré Sonneveld on Unsplash
Take advantage of Blockchain technology
It’s not the same to invest in cryptocurrencies to develop blockchain technology.
They are two different things. The blockchain is the future.
According to the founder of the World Economic Forum: “Klaus Schwab”,
Blockchain will be one of the disruptive technologies of the fourth industrial revolution.
In his book, The Fourth Industrial Revolution, Klaus writes:
The fourth industrial revolution, however, is not only about smart and connected machines and systems. Its scope is much wider.
Occurring simultaneously are waves of further breakthroughs in areas ranging from gene sequencing to nanotechnology, from renewables to quantum computing.
It is the fusion of these technologies and their interaction across the physical, digital and biological domains that make the fourth industrial revolution fundamentally different from previous revolutions.
and precisely one of the disrupting technologies will be the blockchain.
This technology will modify every aspect of our lives.
The blockchain will modify:
Health:
Imagine that authorized doctors can see your medical history every time you authorize it.
A virtual medical history whose data privacy is thanks to the Blockchain.
Finance:
Imagine that banking transactions are completed at any time and in just a few minutes.
You no longer have to wait for transactions to take hours or even days to materialize.
Legal Services:
Imagine that your contracts are backed with Blockchain.
Imagine that you no longer need an intermediary to enforce your contracts.
These are called smart contracts.
Electronic contracts that take advantage of the blockchain to enforce them.
Government Entities:
The exchanges of information between government entities is a complete chaos. Using the blockchain would facilitate the connection between each of the departments.
The exchange of information would be in real time.
And above all, corruption would be reduced and transparency in government areas would increase.
“A piggy bank on a white surface” by Fabian Blank on Unsplash
Should we or should not we invest in cryptocurrencies?
I have nothing against those who invest in cryptocurrencies.
However, I believe that they should also do things that benefit society.
Things that go beyond making money without giving anything in return.
You could donate a portion of your earnings to projects that benefit your community.
Any contribution is valid.