Find a Job Paid With BCH Using Workingforbitcoins.com
Gold and bitcoin enjoy a curious relationship. On the one hand, there is a significant crossover between investors in both, particularly from libertarians who don’t trust the U.S. dollar. But on the other hand, initiatives such as #DropGold have sought to position bitcoin as a more portable, divisible and scarcer form of gold. Can bitcoin and gold co-exist, or does the supremacy of the one threaten the other?Also read: Electron Cash Users Can Now Send Bitcoin Cash to Mobile PhonesLately, bitcoin vs. gold has been presented as a zero sum game in which only one asset can thrive at the expense of the other. Grayscale Investments, creators of the “Drop gold. Buy bitcoin!” campaign, make it clear where their loyalties lie. “It’s not that gold is bad. It’s just that bitcoin is better,” they venture. This is is a matter of some debate, especially given that bitcoin’s utility as a gold-like store of value is fiercely contested within the cryptocurrency community.Fortunately, you don’t need to plant your flag in either camp to benefit from exposure to both assets. Whether you believe bitcoin is best suited as a store of value or medium of exchange is immaterial. Likewise, whether you believe gold is a safe haven uncorrelated with global currencies, or a more trusted alternative to bitcoin, backed as it is by thousands of years of reputation, makes little difference. Provided you see value in both, there’s benefits to acquiring both, ideally without needing to convert to fiat along the way.Renowned stockbroker and libertarian Peter Schiff enables investors to purchase gold and silver using BCH and BTC, via Schiffgold.com, and to take physical delivery of it. Buying precious metals doesn’t have to necessitate assuming custody of course – in fact in most cases it doesn’t. Yield-bearing crypto company Kinesis has initiated an EU and U.K.-wide debit card program with Contis Group, using real assets of gold and silver as the basis for digital currencies, which have a 1:1 allocation with physical bullion, essentially making gold spendable.Another way of obtaining exposure to gold without ever setting eyes on an ingot is through Currency.com, which enables tokenized commodities to be traded including spot gold, at up to 100X leverage, using BTC or ETH. Like bitcoin, gold can assume many forms for investors, with derivatives, synthetic products, and third party custody taking precedence over non-custodial solutions. There’s the Digix gold token (DGT), for instance, tradable on various cryptocurrency exchanges, each unit of which represents one gram of gold.From an investment perspective, you don’t have to ascribe to the Store of Value thesis for bitcoin – or gold – to see it as a worthy long-term hold. One reason why both assets are attractive as part of a well-rounded investment portfolio is because they can increase its Sharpe Ratio. Investing in assets that have low correlation to one another can enhance a portfolio’s risk-adjusted return. While not immune from global economic downturn, bitcoin and gold have shown remarkable resilience to events that have dampened the world’s economy.The beauty of each asset is that it can be many things to many people, and thus everyone has their own reasons for acquiring gold or bitcoin. Whether you favor gold for its beauty, its scarcity, or its intrinsic value is your prerogative. It’s the same with bitcoin, which can be locked away in a hardware wallet or used to purchase everyday goods and services. If you’ve got the means, you don’t have to drop gold to buy bitcoin or vice-versa – you can have both.What are your thoughts on bitcoin and gold – do you think these assets complement one another? Let us know in the comments section below.Disclaimer: Bitcoin.com does not endorse or support claims made by any parties in this article. None of the information in this article is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products, services, or companies. Neither Bitcoin.com nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Images courtesy of Shutterstock.Did you know you can verify any unconfirmed Bitcoin transaction with our Bitcoin Block Explorer tool? Simply complete a Bitcoin address search to view it on the blockchain. Plus, visit our Bitcoin Charts to see what’s happening in the industry. There are perks to working for Blockstream, aside from having to answer to Samson Mow. Developers for the Bitcoin Core… read more. For years Venezuelans have been surviving the harsh economic climate of their country, beset by hyperinflation and political instability. Small… read more. Kai's been playing with words for a living since 2009 and bought his first bitcoin at $12. It's long gone. He's previously written white papers for blockchain startups and is especially interested in P2P exchanges and DNMs.
In this day and age, more and more people rely on income from remote jobs, and businesses often hire professionals who are located elsewhere. Cross-border payments within the traditional financial system are slow and sometimes problematic. Employers and jobseekers can now use websites such as Workingforbitcoins.com to pay and be paid with cryptocurrencies. Also read: Top Up Your Airtime Minutes With BCH Using YovopayWorkingforbitcoins is a new platform that connects businesses with freelancers. Employers can use it to hire people for coins and crypto enthusiasts can find a job and be paid in their favorite digital currency. Five cryptocurrencies are supported at the moment – bitcoin cash (BCH), bitcoin core (BTC), litecoin (LTC), ethereum (ETH), and a token called experiencecoin.The website has a useful search feature that lets you find job postings by keywords. You can also browse the ads by categories such as Software Development, Marketing, Blockchain, and Design. The latest crypto-paid jobs are listed on the homepage as well. Hit Ctrl+F, type BCH and you’ll be able to find those that are paid with bitcoin cash.For example, the description for one ad reads: “Need an article of about 500 words translated from French to English. The article is about the qualities necessary to play chess well.” The author of the posting has set the budget for the project at 0.02 BCH (around $8 at the time of writing). Freelancers from the U.S., Canada, Norway, Nigeria, India, and Iran have made 14 bids for the job.Workingforbitcoins is commission-free for freelancers who can search for jobs and also post a summary of what they can do for living. For instance, you can hire a translator with the nick “red” who is a Swiss national living in Beijing and translates blockchain-related content from English, Chinese and German to French. Red’s hourly rate is 0.00403 BTC (approx. $32).Payments between the two sides are made on a peer-to-peer basis. Employers are required to provide the wallet address from which they intend to pay for the services of the hired freelancers. That’s in order to verify whether they have the funds for the task they want to outsource. Their crypto address is kept private. Job posters can initiate conversations with bidders using the platform’s chat system.Have you used the services of a platform like Workingforbitcoins to find a job or a contractor paid in cryptocurrency? Share your experience in the comments section below.Disclaimer: Readers should do their own due diligence before taking any actions related to third party companies or any of their affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any third party content, goods or services mentioned in this article.Images courtesy of Shutterstock, Workingforbitcoins.Do you need a reliable Bitcoin mobile wallet to send, receive, and store your coins? Download one for free from us and then head to our Purchase Bitcoin page where you can quickly buy BCH and BTC with a credit card. The number of businesses accepting cryptocurrencies for goods and services has been growing, particularly for P2P coins such as bitcoin… read more. Storing digital funds in a secure hardware wallet (HW) is a vital part of safeguarding your cryptocurrency holdings against hackers… read more. Lubomir Tassev is a journalist from tech-savvy Bulgaria, which sometimes finds itself at the forefront of advances it cannot easily afford. Quoting Hitchens, he says: ”Being a writer is what I am, rather than what I do.“ International politics and economics are two other sources of inspiration.
Source from : News.bitcoin
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