In the real world it would be possible to convert my minibus and sell hotdogs on the sidewalk. Of course I would have to pay taxes and yadda yadda yadda. But it is physically possible.
How come nobody (besides Bitcoiners of course) questions why this isn't possible online without Bitcoin? Fees to Paypal, fees to DNS services, fees to the feudal lords visa and Mastercard. And of course: no freedom, no anonymity.
Stacker News Yield proves to me that earning online is possible. I could upload a YouTube videos or a podcast or programm a game and put a Bitcoin address / Lightning URL in the credits. This is digital freedom. This is the future of the internet economy.
The circular economy is certainly the goal but will it be private is another question. Lots of large institutions will try and make it harder to be private simply cause the data is worth it and sells. So it definitely depends on if we continue to fight this privacy battle and keep up with the anti-privacy tools with our own
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What do you guys think? Any experience with an anonymous sidehustle denominated in Bitcoin?
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For an online hustle, ... the problem is there are literally hundreds of millions of people (if not more) around the world who are candidates for the very few opportunities (remote, anonymous or not even) that exist.
So you end up with a severe mismatch between supply and demand. And with such an oversupply, the compensation levels offered from the demand side trend towards zero. This is not just with online, remote work -- the concept, referred to as the "race to the bottom" applies to all kinds of gigs, including Uber drivers and pet walkers. The pandemic showed exactly what researchers already knew: When full time jobs are converted into gig work, the wages paid by the company go down (as gig workers are available at a lower rate than full time workers), but wages for the gig workers stay stagnant (because, there's way more supply of gig workers than demand warrants).
'It's a Race to the Bottom.' The Coronavirus is Cutting Into Gig Worker Incomes as the Newly Jobless Flood Apps https://time.com/5836868/gig-economy-coronavirus
Now, from the perspective of someone already at the "base of the pyramid" (BoP), ... their opportunities have grown as the result of the growth of the gig work economy. This work does bring at least some compensation available, which is more than what is effectively the $0 that they were earning. So for the BoP, any gig work, remote online work, etc, are opportunities!
That doesn't mean there is no way to earn an acceptable amount online, anonymously, in bitcoin. But you'll likely have to be creative, and operate more like an online entrepreneur than just as a gig worker who competes for the few tasks that might exist.
Not everyone is an entrepreneur, however, and not even every person who could be an entrepreneur has the opportunity -- as unlike with the certainty of income when traditionally employed, a freelancer has no guarantee of receiving anything at all!
So, if you are prepared to be disappointed (presuming you are not someone at the BoP), feel free to peruse the sites and services from this list, though to remain "anonymous", even much of that list shrinks dramatically!
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I know there are investors out there willing to fund psuedonyms and are helping get some standardization around nyms starting companies.
I suspect there is all kind of anonymous businesses operating cash only at least.
The biggest problem with running a Bitcoin-only business is that's it requires your customer opt-in as well. At least today it does.
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Time flies.
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The biggest problem with running a Bitcoin-only business is that's it requires your customer opt-in as well
Yeah you are right. I was more thinking about uploading a video essay style video and hoping some viewers send a little value for value to the qr code in the credits.
This would work better if a larger % of population had a lightning wallet.
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This is one reason why SN's niche is nice right now. Our audience is technical Bitcoiners, which probably best describes lightning users right now, and hopefully we can scale to more people as Bitcoin does.
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Anonymity is hard, but there are ways to become anonymous ;)
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Well put,
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Anonymous I don't think is possible, but you can start small steps on living with BTC. https://darthcoin.substack.com/p/living-with-bitcoin and a dedicated list to start https://telegra.ph/Pay-utilities-bills-with-Bitcoin-03-18
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