@earnbitcoin
80,011 sats stacked
stacking since: #7670longest cowboy streak: 17
by
for
Just noticed a typo there ...
worth of the s(not significant) investment of your time
Should have been
worth of the (not insignificant) investment of your time
Typing with an on-screen keyboard really takes patience.
So there is the opportunity to exploit this.
I can put a bounty on something here on SN with 50,000 sats as the bounty, and you Kool aid drinkers will (collectively) spend hours and hours trying to earn those sats because you believe this 50k says to be a handsome prize, worthy of the s(not significant) investment of your time.
And I didn't even spend $15 for those sats.
And this phenomena is not just here on SN. Look at on microlancer.io as another exhibit of this. Clients are hiring workers and paying literally pennies (worth of Bitcoin, at today's exchange rate), yet getting dollars (of value) in exchange.
I (mostly) earn in fiat, therefore I mostly spend in fiat.
It makes little sense to buy bitcoin, to only then turn around and spend that bitcoin -- at least, when I could have paid in fiat instead and wouldn't have needed to buy bitcoin.
Now if I were earning more in bitcoin, then the same concept applies. Why would I convert my BTC to fiat and spend in fiat, if I could just pay in bitcoin?
So, ... that's the chicken and egg issue. I won't spend in bitcoin until I earn in bitcoin. I likely won't be earning in bitcoin until my employer is receiving bitcoin revenue (with which to pay vendors and employees). And my employer won't be receiving bitcoin revenues until others then pay in bitcoin.
Someone needs to go first (by paying in bitcoin -- at least to those merchants who promise to keep those bitcoin circulating, in a bitcoin economy).
You are seeking a provider of a service.
There is a P2P matketplace where you can submit a listing
Here's a FAQ for that:
There is also a microtask site, https://Microlancer.io which works very similar to something like Upwork.
You can list your service need, and "taskers" (workers) will submit their offers to perform that service for you.
Microlancer also has a "Microlancer Services" mode, which is similar to how Fiverr works. Perhaps there is a listing by a Spanish tutor there already. Probably not, as microlancer is significantly underutilized, but it is possible such a service offering already exists.
But there certainly is someone in a Spanish speaking country today who also speaks English who would love to be your language tutor. That I am certain.
As far as a SN marketplace, would love to see that as well!!!
Ok, so you effectively are suggesting that I buy bitcoin so that I have it when comes the day that I get the urge help further bitcoin adoption. I then would patronize a shop that accepts bitcoin (or I orange pill a merchant so they accept bitcoin). At the same time, to follow your suggestion I would need to keep records of both transactions (my purchase of BTC, and when I spend the BTC) so that I can properly calculate my capital gains (or losses). And I do all that .... for what reason? So that your bags go up? Or .... why?
A bitcoin circular economy occurs organically when I receive my income in bitcoin. When that happens, I then would naturally prefer to spend in bitcoin (as why would I instead want to convert to fiat only to then spend that fiat?)
But why would I be paid in bitcoin? My employer knows nothing about it. I'm probably the first who would ask. But let's say my employer already accepts bitcoin as payment. They too have that same experience as me then ... if they can then in turn pay their suppliers and staff in bitcoin, they may wish to then keep some (or all) of their bitcoin revenue in bitcoin, rather than convert it to fiat to then only pay their expenses in fiat.
So how do I get my employer to end up with bitcoin in the first place, so as for them to be less hesitant to pay me in bitcoin? Well, I gotta orange pill my employer into accepting bitcoin. Then once they have a revenue stream in bitcoin then they will be more likely willing to pay me in bitcoin.
So you and I both are essentially saying the same thing ... go out of your way to further a circular bitcoin economy, but my reason for doing so is self-interest. I want my employer to accept bitcoin so that I in turn have a better chance at getting paid in bitcoin,
But just that my employer accepts bitcoin for payment doesn't mean anyone will pay them in bitcoin. So being a bitcoin enthusiast I might conclude that for my employer to find revenues in bitcoin, I need to step it up myself and first pay other merchants in bitcoin so that they too will be more willing to pay their suppliers and staff in bitcoin (which in turn, increases the likelihood that others will be paying my employer, in bitcoin).
In other words, for me to get paid in bitcoin, I need to pay others in bitcoin. Essentially, I need to pay it forward, but in bitcoin.
Most readers (based on site metrics) are hung over today and will likely not be focused, productive nor profitable.
But I love to see the energy!
That's cool.
Why would someone show fewer sats stacked for the week than they did for the day?
The link for this post is using an archive for the article on Bloomberg's website. An archive has no paywall, no subscription requirement, and can be easier to read. The original article, on Bloomberg's website is:

Here's the source data:
An example of this occurring is on Microlancer.io
Many tasks (from a client / employer) that are listed there are low value ones ... along the lines of "like my Instagram post" to earn 50 sats, or "subscribe to my youtube channel to earn 300 sats", etc. But even tasks requiring skilled work (e.g., write some javascript to do X) are finding numerous offers from taskers (workers) even when the client/employer has set the price at something stupidly low like 5,000 sats (relative to what would be required for the same task on Upwork or similar).
There are freelance designers who have a listing on Microlancer Services (similar to Fiverr), or you as a "client" can submit a task listing where you are offering to pay a certain amount for a "tasker" (worker / freelancer) to do certain work. So you could then list the task for someone to create a design (or prepare designs for you to consider, .. or whatever you want them to do), and then taskers will place their offers to do the task for you. You can ask them to include in their offer their portfolio, so you can see what designs they have done ... before accepting their offer.
Should you find an offer from a tasker that suits you, you can then accept the offer. Your sats are put into escrow until the tasker completes the work per the agreement. If there is a dispute and the two of you cannot resolve it, either of you can file a dispute and then an arbitrar will help determine the resolution.
Microlancer is really quite an underutilized platform, which confounds me. There is so much talent around the world willing to take on a project like what you are asking, and so few "clients" are taking advantage of this very valuable resource.
Here's the Tweet that kicked off a Twitter thread announcing this:
Bitcoin Talent Co. -- How To Get Hired In Bitcoin
Convo summary - Andy Thompson @theandytee Michael Tanguma @MTanguma (@BitcoinTalentCo founders) & @MartyBent
On the @TFTC21 podcast 🧵
See also another post, found here on SN, with the link to the announcement:
That is kind of the point I was making. Coinbase is a brand of bitcoin many people know (or, at least as far as they are concerned, it's what they associate to bitcoin). As is Binance. And maybe even Robinhood.
It's too bad, but that's the state of things today.
There are a number of methods where tiny amounts of value can be earned, in bitcoin. I don't want to discourage you but I would like to be clear that if you are looking for income -- there's probably better ways to do it than by chasing the various methods that exist. It's a simply supply and demand issue. There's hundreds of millions, if not billions, of people who would love to be able to trade their time using a smartphone to do something that can earn a dollar or two. There's almost no opportunities that pay that well -- at least not for unskilled work. So what's left are apps where you play a game that requires that you watch an ad, and then get a tiny amount of that ad revenue. Or other approaches along those lines.
That being said, the following post from a couple days ago has links to other posts and those posts cover most of the "how to earn" bases that exist.
Best way to earn Sats #134332
"If you win you get some Bitcoin!"
Awesome!!!
Is HTTP a brand?
How about WWW?
You can still do that, with tipping. To solicit comment replies, you can suggest in the description your intention to reward good answers.
I don't know the answer to that but I suspect it is the current minimum level so as to not waste people's time reading a bounty post to only then learn the bounty is for only 100 sats.
You can always list a task on Microlancer.io. There, tasks for even just 100 sats will oftentimes find a worker willing to do the task (assuming it is not much more than a couple minutes effort.)