Day: 9 December 2017

Riding the Bitcoin bubble up and out?

Bitcoin market price over last 8 years

Bitcoin is something everyone is talking about right now. I wouldn’t be surprised if my parents asked me about it soon.

It was a while ago when I received some bitcoins from a friend via tipjar.  I added the tipjar link on my blog and every once in a while I received a very small amount of bitcoins as tips. The amounts were so small that I didn’t really take note till I needed to move the wallet.

That was when I noticed the amounts were adding up to less decimal places  in bitcoin and the value in British sterling was also starting to add up to a few coffees. After the move to blockchain.info (no matter what I thought about the founder), I decided to keep an eye on the figure but forgot about it. Wasn’t till about a week ago, when I decided to have a quick look at the amount it was worth and was pretty shocked.

The tips were adding up to something quite big and thats when I decided maybe I should convert some to sterling and ethereum. I have never put any money into bitcoin, its all been donated or paid to me in return for something, I treated it as a bit of a joke to be honest. But over the last few weeks it became very real as I transferred quite a bit out and still had some left over, just in-case the bitcoin bubble keeps growing. But i’m simply not motivated enough to track its progress and put money into it. Ethereum I’ve found interesting since I first saw the videos about it so I’ll keep an eye on that too.

Thanks to everyone who tipped my blog or paid into my wallet over the last 3 years,  I owe a great gratitude to all those people. I’ll keep writing… feel free to keep tipping.

I’m a digital nomad facing Brexit?

https://www.flickr.com/photos/cubicgarden/33602308434/

Interesting blog from the Estonia E-residents team.

Its been 3 years since the scheme launched and nearly 30,000 people from 139 countries signed up. I only signed up earlier this year but still love the idea and keeping an eye on what else I can do with a EU state backed identity.

Estonia launched it’s e-Residency programme three years ago tomorrow so that anyone on Earth could apply for a secure government-backed digital identity and gain access to our e-services.

Understandably, no one was entirely sure back then who would actually sign up and why. Many of the first e-residents were simply excited to join our borderless digital nation and had no plans to use their digital ID cards.

What interests me is the classification of the people who signed up.

  • Digital nomads
  • Entrepreneurs who want EU access
  • Entrepreneurs within the EU
  • Entrepreneurs facing Brexit
  • Startup entrepreneurs
  • Freelancers from emerging markets
  • Blockchain entrepreneurs

I’m more a Digital nomad facing Brexit I guess.

Due to rapid advances in digital technology and more flexible working cultures, a rapidly increasing number of people are choosing to live as ‘digital nomads’ because they can work anywhere there’s an internet connection.

There’s been a sharp rise in applications from the UK since the country voted to leave the European Union. Many British entrepreneurs discover e-Residency while searching for a way to ‘stay in the EU’, but soon discover that the benefits of e-Residency are bigger than Brexit as it can often enable them to more easily conduct business globally.