HODL BTC, ETH, XRP, etc.? But Need Cash Now? Get SALT!

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

Sometimes in life you find yourself with some crypto, but you need some cash.

You know crypto is better and you don’t want to sell it, but that bill is coming due, or your car broke, or maybe you are just broke…

Whatever the case is, you could sell your crypto and get cash, but why do that when the coins keep going up all the time?

Why not instead use your crypto for collateral and get cash now ANDkeep your crypto!?!

Enter SALT!


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What is SALT? Besides a tasty food additive…

“SALT lets you leverage your blockchain assets to secure cash loans. We make it easy to get money without having to sell your favorite investment.”

I’ve signed up for SALT, but they are new and just getting the final pieces in place to be fully operational.

However, I am extremely interested in this concept because it provides a new
way for individuals to access the value of their blockchain assets that does not involve a liquidation of their asset.

Being a Member, I have access to the SALT Blockchain-Backed Loans™ Abstract
released on 08/09/2017 and want to share some of the more important points with you.


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From the Abstract:

“The system is designed such that, if you have an asset you want to hold on to, you can borrow the asset you want to spend, regardless of credit history or geographic constraints. The SALT Platform is automated, efficient, and cryptographically secure. It offers a compelling solution to the problem many consumers face when they need or want cash to make a purchase, but do not wish to liquidate their assets. Instead of selling, SALT enables the members of the SALT Lending Platform (Members) to leverage the value of certain digital assets, thereby giving them access to cash, offsetting tax events, avoiding exchange fees and maintaining their long position in the asset they hold.”

As a wanna-be savvy FinTech guy, who holds a MBA in Finance, I sometimes get the idea that I know a thing or two.

That usually passes quickly.

What I do know is how to read, and reading the SALT Abstract the SALT Team is working hard to find a way to bring financial freedom to an underserved group of people who usually do not have access to this type of lending.

i.e. – ME.

“At SALT, we believe that in the not too distant future, ownership of all assets will be recorded and transferred on various blockchains. The increasing recognition of personal assets, at low cost and in a secure and immutable way, will offer consumers greater financial freedom. The SALT Lending Platform is a system that seeks to give value to previously latent capital, unlocking the wealth within physical and social assets, providing a new source of money creation.”


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More from the Abstract:

“The SALT Lending Platform is intended to facilitate the creation of lending agreements, secure and monitor the value of the blockchain assets acting as collateral, and automatically enforce the terms of each smart contract credit agreement. This low-cost, efficient technology gives investors and institutions a way to lend against a new asset class, while addressing the needs of a massively underserved borrower base. It is also designed to provide a new way for individuals to access the value of their blockchain assets that does not involve a liquidation of their asset. Deficiencies inherent in traditional forms of collateral can increase costs to borrowers, decrease liquidity, and necessitate the need for income-based credit evaluation. SALT’s technology was built to address these shortcomings, while emphasizing the aspects of blockchain assets that make them a functional form of collateral – divisibility, fungibility, and transferability. With SALT, blockchain assets are transformed into collateral that can be incrementally liquidated in a calibration process intended to ensure overcollateralization in a fast, trustless, and secure process. Blockchain-Backed Loans™ offer a new mechanism through which lenders can indirectly gain exposure to digital assets in a regulated environment with sophisticated tools for managing the risks associated with lending.”


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This last part about “Liberty” is great too!

Check out the video below for more info and don’t forget to sign up today!


Sign Up for SALT Now!


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine
Follow me @strangerarray and donate because SALT is sooo good!


Join me on the BitShares Decentralized Exchange
in The Billion Hero Challenge!

BitShares Title Block
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Get Giga Watt Tokens and join the world’s first full-service mining solution provider.

Cryptonomos


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Also Check Out My Latest Post:




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Feast Or Famine?


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.

Feast Or Famine?

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

“While the righteous feed others fools starve themselves.” – Matthey Henry


AX Image
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We have a choice when we wake up every day.

Are we going to look out for our own self-interest or seek to help others?

For myself, despite my desires to do better, I spend most days doing the former.

What can I do more to help others?

What one thing a day can I do for one other person?

What can I do to make sure I do this every day?

Why don’t I do this more?

Usually the excuse is money.


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When I try to imagine a life where money is not something I trade precious moments of my fleeting life for in order to pay for things, I struggle.

“What would I do instead with my time?

What would make a difference in other people’s lives?

What is worthy of pursuit?

What really matters?”

These thoughts were on my mind when I came across this article by @rok-sivante:

The Billionaire Game: What Plays Would You Make With a 10-Figure Net Worth…?

He had written these thought provoking questions:

“If you were a billionaire – let’s say the crypto markets exploded well-past the moon, granting you a 10-figure net worth – how would you manage the responsibility over this newfound wealth?

Would you selfishly focus on fulfilling your own needs for a mansion, collection of luxury cars, private jet, yacht, and all the toys?

Would you establish a private foundation to allocate that wealth towards projects and initiatives focused on solving global crises?

What business structures would you set up through which that wealth could flow to be put to constructive use?

How would your choices benefit the networks you plugged into and chose to support?

What ideas, talents, and visions would that wealth be directed to fund?

Would you invest in technologies that could help solve world hunger and provide access to clean, healthy water for every man, woman, and child on earth?

Would you support organizations working on solutions to clean up the environment and transform industrial processes to introduce sustainable practices conducive to this planet’s restoration and long-term wellness?

Would you back educational campaigns that empowered the next generation with entrepreneurship skills and foundational knowledge to make a difference in the world, that our generation were never provided?

What businesses would you grow that provided extraordinary value in the world?

How would you utilize your wealth to leverage others’ value benefiting society?”

Truthfully I wouldn’t really have a good answer, except I had been thinking about some of these Big Heroic Audacious Goals a few weeks before.


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In @stan’s recent article, Big Heroic Audacious Goals, he asked people to think up what they would want to see happen.

“Heroic Goals have the potential to inspire and unite all of humanity — and make a permanent global difference!”

At first blush, I didn’t have a clue…

Then I consulted my lovely wife who jogged my memory of what similar life goals we had previously discussed as possible BHAGs.

Given the chance we would like to see the following happen to help humanity:

  • Leveraging this technology to help charities, such as Makers and Means International, complete their missions at lower costs due to low transaction fees for sending money overseas
  • Build a resort property
  • Provided rest and rejuvenation programs to people doing charitable work so they can get a break when they feel they are on the brink of burnout
  • Develop a refuge center for women that will help them escape the traps of sex trafficking and the sex trade
  • Open a dog rescue or at least have some fun thing dog related 🙂
  • Own our own brewery and
  • Anything else we come up with between now and then!

So I guess I do have some ideas to feed others and I hope I don’t starve myself before I get the chance.

What would you do?


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine

Follow me @strangerarray and donate because OCASH is comming!


Join me on the OpenLedger/BitShares Decentralized Exchange
in The Billion Hero Challenge!

BitShares Title Block
Image Source


Get Giga Watt Tokens and join the world’s first full-service mining solution provider.

Cryptonomos


See the latest adventures and creations from my wife Sarah on steemit!

Also Check Out Some of My Other Posts:





Do you want to take out a loan to consolidate debt?

If you use my Credible Referral link, you can get a special offer if you take out a loan.

OCASH – The First All-In-One Payments Card

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

So I may be a little late to the party, but I wanted to invite you, in case you are too!


OCASH Image
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So today I was browsing Coin Market Cap as per usual and I noticed the BTS is going up again too.

I wondered, any news?

And this thought sent me down a search that found this article on investopedia.

I became very familiar with Investopedia back in my MBA days and so I was comfortable trusting it as a source of good information.

The article was published back on July 6, 2017, so about a month ago, hence why I am a little late to the party…

But not too late.


From the above mentioned article:

“One of the latest of such projects is OCASH— the first all-in-one crypto-ready debit card. OCASH will bring the international card payments system to the OpenLedger network. This will allow token holders to use Stablecoins (SmartCoins), including bitUSD, bitEUR, bitGBP, and Rubles, plus other OpenLedger tokens, such as OBITS, BTC, and ETH, to purchase items anywhere major debit cards are accepted. The OCASH will allow the payment and withdrawal of any kind of cryptocurrency supported by OpenLedger, making currencies accessible anytime and anywhere.

OpenLedger ApS has announced that the new token OCASH (OCS) will be launched at the end of August 2017. The OCASH concept will be rolled out in two phases spread across a timeline of five months.”

See we are not too late!


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The Investopedia article helpfully pointed my to ocash.io where I was able to find the following information:

“OpenLedger ApS has announced its groundbreaking token launch for OCASH, the first all-in-one payments card. OCASH will launch its new token, called OCASH (OCS), at the end of August 2017.

OCASH holders will benefit from the many usage options offered in the form of monthly or quarterly sharedrops in bitUSD.”

This is great news!

Not only will we be able to use a card that makes transacting in cryptocurrency easy, we can also earn while we do it by holding on to OCASH tokens!

More from the OCASH site:

“The option to pay and withdraw any kind of crypto, anywhere and anytime, instantly from your payment card, is groundbreaking. Furthermore, the ability to manage transactions in your browser-based web wallet, and with no need for a bank account, is what will make crypto accessible, overnight and worldwide. Naturally, this will allow OpenLedger to stand strong as a platform, continue to innovate, and above all, give the 2 billion population who are unbanked an easy way to access an account and make transactions.”

More great news!

Pick your crypto and use what you are comfortable with!

No bank accounts needed and the ability to be used by people banks have neglected.

I am excited to learn about this and hope that you are too!

If you haven’t yet joined the OpenLedger/BitShares Decentralized Exchange, I invite you to do so now so you can be ready for OCASH when it activates!


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine

Follow me @strangerarray and donate because OCASH is comming!


Join me on the OpenLedger/BitShares Decentralized Exchange
in The Billion Hero Challenge!

BitShares Title Block
Image Source


See the latest adventures and creations from my wife Sarah on steemit!

Also Check Out Some of My Other Posts:





Do you want to take out a loan to consolidate debt?

If you use my Credible Referral link, you can get a special offer if you take out a loan.

Hello Win Column!

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

This is one of my all time favorite phrases from the world of sports.


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For those of you who are not familiar with this phrase, let me explain…

Mark Holtz worked for the Major League Baseball (MLB) team of the Texas Rangers starting in 1981 as “broadcaster on Rangers’ cable games, then from 1982-1994 as play-by-play announcer on Rangers’ radio broadcasts.”


Mark Holtz
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My family moved to Texas in 1990 and one of the only things I had to hold onto in this transition was playing little league baseball.

In Indiana, back from where I moved from, there were no MLB teams and the closest team was a minor league team known as the Indianapolis Indians.

Now that we were in Texas, the Rangers were the closest team, and thereby making them my default favorite.


For more on why I am a baseball fan, check out:
Fifteen Ways Baseball Has Transformed My Life


Growing up in the heat of the Texas Summers, watching or listening to baseball was always a fun distraction!

Although I didn’t realize it at the time, the worlds of Mark Holtz would stick with me and encourage me for a life time.

His phrase “Hello Win Column” was Holtz’ signature closing phrase which he would exclaim after every Rangers win.

You see the thing is winning isn’t everything and for most my life it wasn’t even anything I thought much about outside of sports.

I did well in school but I didn’t try my best.

I wasn’t trying to win.

From one of my previous post:

“When I was in high school I had set the bar low.

Really low.

I was a classic underachiever.

The problem was I had low expectations of myself.

No aspirations in life.

No real plans.

I was just floating through life.

That was until one day I made up my mind to be different, to go for the win, to have no more 3 and outs.

This sent me down a path towards wanting to win.


Winning The Race
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After reading the book Pre-Suasion by social psychologist Robert Cialdini, I put the above picture as the background image on my cell phone.


Do you not know that in a race all the runners run, but only one receives the prize? So run that you may obtain it.

I was finally starting to take these words of wisdom to heart.

My life needed to change and I wanted to win, but I didn’t want to do it alone.

The exact place I first came across the idea of a “win-win situation” escapes me, but it is something that I am always looking to achieve.

I want to make deals, moves, and changes that don’t just benefit myself but are helpful and useful to those around me.

One such opportunity was something I’ve been meaning to tell you about and did.

Another opportunity has arisen and I want to it share with you too.

The thing is, I know this thing has “win-win” potential, yet I am not sure that it is quite as evident as getting money for doing something.

Let me put it this way, I will give you the opportunity and what you do with it can make it a win for you if you are looking for this sort of thing.


BitShares Title Block
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Many people on Steemit are new to the world of Cryptocurrency.

Steemit was my first type of cryptocurrency to earn and hold and watch grow.

But I had heard of Bitcoin and wanted to know more about blockchain technology.

My friend and fellow Steemian @mctiller introduced me to BlockTrades as a way to quickly exchange digital currency.

Soon I was able to have other currencies, but I didn’t know where.

I needed a place to send them.

That is when I found out I could trade cryptocurrencies on exchanges.

Now for newbies like me, exchanges can be a bit overwhelming to get used to, but once you get a grasp of things, that is when the hard part starts.

Deciding what cryptocurrencies to pick is no easy task and requires research.

Or you can just wing it!

But you might lose your shirt!

Realistically, you should only use money that you can afford to lose and for me this was the earnings generated from steemit.

All my steemit earnings were above and byond my normal income and other retirement plans and so I used them on the exchange markets.

I started on just one market, Poloniex, but have now gotten out of that one due to several issues other users have had recently.

Currently, I use a few others, but none with as much potential as BitShares.

If you follow Stan, “The Godfather of BitShares, Fast Bitcoin, and the HERO, then you already know the next thing I am about to tell you.

They are starting The Billion Hero Challenge which is one giant “win-win” situation!


Sovereign HERO
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A quick explanation is that they are creating a prize that will be backed by equity in BitShares’ currency BTS.

And for you to get the HERO, what better place to do it than the BitShares/OpenLedger Decentralized Exchange which “allows you to trade assets in real time, securely, with ultra-low fees.”

There you go!

I want you to join me in my quest to be a HERO!

The Marketing Campaign Behind the Billion Hero Challenge is just ramping up as they put out more and more and more articles to garner attention to the cause.

Soon enough the contest will be in full swing and I don’t want to be left behind and since I want it to be a “win-win”, I don’t want you to be left behind either.

Join me!


Stay tuned.
Stay interesting.
Stay Strange.



Michael


Created by Michael Paine 

Follow me @strangerarray and donate because together we can be HEROs!


See the latest adventures and creations from my wife Sarah on steemit!

Also Check Out Some of My Previous Post:





Do you want to take out a loan to consolidate debt?

If you use my Credible Referral link, you can get a special offer if you take out a loan.


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.

Giga Whatt?

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

I stumbled across Giga Watt in a Bitcoin Magazine online article the other day and was intrigued.


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Giga Watt offers “turnkey mining services or custom packages tailored to your needs: full range of mining services from equipment sales, maintenance and repair to private blockchain servicing.”

Now I’m not going to lie, I don’t know much about mining.

I am more of a higher level type of guy and look at things from a bigger picture perspective and then make evaluations based on that.

The details might not all add up and please let me know if you know something, but on the surface, this project looks sound.

From the Bitcoin Magazine article Giga Watt Token Seeks To Optimize Mining (stylizing and emphasis added):

“So what is Giga Watt?

In essence, it’s a crypto mining facility running on five megawatts of available power mining hardware with an additional 50 megawatts of power in development.

The facility is situated in Washington state northeast of the Grand Coulee Dam, the largest hydroelectric power producer in the United States, with a total generating capacity of 6,809 megawatts.

As a result of its proximity, GigaWatt has access to cheap, clean hydroelectric power at 2.8 cents per kilowatt hour.

This rate is significantly lower than the United States national average of 18 cents per kilowatt hour and below China’s national average of 11 cents per kilowatt hour.

According to CEO David Carlson, these low power costs mean that Giga Watt’s expenses average significantly lower than the market price.”

Now that is the type of setup that makes a difference in a company’s bottom line!


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A few more key points from the article:

“Carlson’s original team constructed five mining facilities strategically positioned to catalyze Giga Watt’s ongoing expansion activities, three of which are part of the tokenization. The project’s development serves as a springboard for Carlson’s long-standing vision around the democratization of bitcoin mining. It will be supported by investors purchasing a stake in the company’s services.

It will also be supported by the WTT token purchasers who will hold the tokens like a membership that grants them access to the facility. At present, retail customers of Giga Watt can only mine bitcoin, Ether and Litecoin with their choice of equipment determining which mining pool they can use. The three pools that are currently available are Slush Pool for mining bitcoins, NanoPool for Ethereum and Litecoin Pool for Litecoin.

The goal is to capitalize on Giga Watt’s mining system which supports the infrastructure that runs and operates the equipment. This model creates optimal and available mining space where a person can buy in to gain membership. ”


Like all good crypto projects, we need to see the White Paper!

Giga Watt White Paper
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I wouldn’t be doing my job if I didn’t give you a few things from the White Paper that stood out to me, but you wouldn’t be doing your job if you don’t read it first before making any decisions what to do with the information.

WTT token is an Ethereum token representing the right to use the Giga Watt processing center’s capacity, rent-free for 50 years, to accommodate 1 Watt’s worth of mining equipment power consumption.

In fact it will be an Ethereum ERC-20 compliant, to be more specific.

“Tokens will be offered for 60 days starting on June 2, 2017 and ending on July 31, 2017.”

So you my dear reader, if this is something you’ve done due diligence on and is right for you, you still have time to take part.

  • The sale is capped at 30 million WTT tokens.

And lastly, “to ensure the advantage for the Token Launch participants, no listing will be placed on third party exchanges until all WTT tokens sold through the Token Launch are distributed.”


Lastly, some information from the Giga Watt website:

Giga Watt has developed Giga Pods which are a “proprietary groundbreaking solution” that solve for problems that happen within “large monolithic data centers”.


pod-4.jpg
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pod-2.jpg
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These smaller facilities appear from the renderings to have a system of air cooling the mining rigs.

This system “takes advantage of the mining hardware’s extremely high power density, avoids active cooling consumption, and saves power for high-efficiency mining.”

What are your thoughts on Giga Watt?


Stay interesting. Stay Strange.


Michael


Created by Michael Paine 

Follow me @strangerarray and donate because watt else are you going do to do with it?


See the latest adventures and creations from my wife Sarah on steemit!

Also Check Out Some of My Previous Post:


Do you want to take out a loan to consolidate debt?

If you use my Credible Referral link, you can get a cash bonus if you take out a loan.


As a reader of this blog you assume all risk related to the use of any information on this site. I am providing this information “as is,” and disclaim any and all warranties, whether expressed or implied, including (and without limitation to) any implied warranties of merchantability or fitness for any particular purpose. In no event will I, or anyone associated with this site be liable to you or to any third party for any direct, indirect, accidental, incidental, consequential, special or exemplary damages, or financial loss, injury or death resulting from any use or misuse of this data. You should NEVER use any information on this, or any other site to make decisions that can result in damage to property, financial loss, injury or loss of life.