Making money online not requires start-up investment, and depending on what you want to focus on, it can be a tremendously profitable project as well.
JK: I don’t think people are hedging against the euro with bitcoin. The crisis brought a lot more attention and exposure to Bitcoin. People found out about Bitcoin because of the euro crisis, but we’re not flooded by people from Cyprus trying to buy Bitcoin Evolution Review, so it’s not a direct correlation.
In 2008 the exchange rate was 3 Argentine Pesos to 1 U.S. Dollar (USD). While the USD was not universally accepted, convertibility into Pesos was no problem. What I immediately noticed was how cheap certain things were like beef and public transportation. I felt like I could get a substantial meal with wine in a restaurant for a very reasonable price, and this was in a big city. Prior to their economic problems, the exchange rate was 1:1.
Give it whatever name you want, credit card, debit card, computerized payments, wire transfers, these are nothing new. They have been there since the new modern bitcoin day marble and limestone age. The days when humans started to rule over their mighty man made concrete jungles looming large all over the planet Earth, or rather the semblance of what is left of it.
12/8: This week’s show takes a look at a number of stories, from more Reid/Kyl support (or the lack thereof), New Jersey taking another crack at online gaming, and the UK thinking about new ways to tax offshore online providers. [Visit Website] [Download MP3].
During the late 70s and early 80s the country went into debt for state funded projects, a war against the U.K. for the Falklands islands, and state takeover of private debts. Compare that to the U.S. experience.
12/22: Ryan Eriquezzo, WSOP Circuit Champion, makes an inspirational return to the show as he nears the end of his self-imposed 6 month hiatus from poker. There is much to learn from this young poker star who is quickly proving to be wise beyond his years. [Visit Website] [Download MP3].
If you have money in your PayPal account, but no access to a credit or debit card, you can order pizza with PayPal. PayPalPizza and GrubHub offer this service.