Greetings Regular Joes,
As a new year begins, I’ve started to take up pen again to post a few updates. It won’t be the regular daily updates I shared when I first started, but will be more often than it has been over the past year.
For awhile, all I did was let articles that I thought were helpful run though. However, it became apparent that I wasn’t really serving followers well, so I shut them down. Unless one is very compelling, I won’t be doing that again. There are other places you can find those resources.
The past year has been a particular challenge for Another Joe. Work slowed down coming out of the summer, and I found myself really wondering what I was going to do. My goal had been to build a portable income by the end of 2013, which it was very apparent was not going to happen. Obviously we have to eat, so it was looking like I was going to have to start filling out applications for local work. October was by far the worst month I’d faced in years, with just about nothing coming in.
Well, by now you’ve probably heard about bitcoin. I have to confess, I studied it a little when it first came out a few years ago. At the time I had a little bit of cash that I had intended to invest in something. Bitcoin was one of my considerations. I opened a wallet, but never funded it. Instead I put the cash elsewhere. If I’d gone with bitcoin, I likely would be fairly wealthy right now. What did I go with? Well, never-mind… suffice it to say that it hasn’t really gone anywhere.
So, I missed another ship. We can all relate to that. But having revisited bitcoin this summer, I started trying some things and have been able to actually build a sustainable income by operating my own exchange. It’s a great service and I enjoy it. Additionally, I get to meet new people and consider options I hadn’t before.
Risks are mitigated through services that check identifications. Trades can be done anonymously, but I don’t generally accept them unless I can get some form of verification. I got burned once early on, eating all my gains from the previous couple of weeks. Since then I’ve been much more careful.
There are many questions people have about bitcoin. Most seem intimidated and see it as some sort of black, or at least grey, market currency. But it’s really not. It’s amoral. It’s simply a means of trade. So the question really isn’t “if” someone should be involved in bitcoin. It’s more a matter of “when” someone should.
As an investment, I have nothing to say. It’s not quite fiat, because it’s not centrally controlled. But neither is it really money, since there is no inherent value in it. It is what it claims to be, a digital currency. It’s divisible, portable, easily traded across borders and requires no middleman for transactions. It’s on par with gold as a perfect currency, with two exceptions. One, you can’t hold it, which means it cannot be classified as true money. Two, it’s much more portable than gold, especially if one desires to make long distance transactions.
Unlike a credit card (which can be used across borders), there are no service fees. You just transfer bitcoins and you’re done. Someone gives you their wallet address, you put the information into your wallet, click send, and it’s in their wallet. It really is that simple. And such transactions are becoming much more commonplace. Some are even accepting btc for real estate transactions.
So, I’ve opened an exchange. You can learn more by clicking on the link in the top of the right sidebar. Set up an account and explore.
If you’d like to learn more about setting up your own exchange, let me know. A person could make a couple hundred bucks a week if they didn’t want to put much effort or investment into it, or they could make a comfortable living, if they were willing to put more time and investment into it. You really will get from it according to what you’re willing to put into it.
I’ve started offering consulting for those interested. I charge nothing up front, but 1% of every bitcoin that you buy. This way I profit from your success. And you agree to simply send me 1% of every bitcoin you buy in perpetuity. And you agree not to share with others unless they also agree to send me 1% of every bitcoin they buy.
If you’re interested, click the link below and set up your account, then shoot me a note. You can post a reply to this post and I’ll get it.
I have some more projects in the works too, having made some nice contacts this past year. But I think I’ll hold off on saying much until I get more solid info.
May you and your family have a blessed 2014.
Greetings Regular Joes, It’s been a while since I’ve posted. Life has been interesting and taken me down some paths I couldn’t have foreseen. All of them continue to have me pondering my options for the future, and I continue to desire to provide for my growing family of grandchildren. Number five is on the […]
Posted on 26. Sep, 2013 by Another Joe.
If the CFTC discovered that the rigging of the monetary metals markets is essentially government policy, being conducted through intermediaries, then it would not be able to act against government agents. By federal law, the Gold Exchange Act of 1934 specifically authorizes the US government to rig not only the gold market, but to rig […]
Posted on 09. Jun, 2013 by Another Joe.
Greetings Regular Joes, Many in the US think that a Cyprus-like event could not happen here. There is a sense of arrogant American invulnerability that leads to a haughtiness that will eventually be our undoing. It’s already taking form in the empiricism so rampant in our military (as well as financial – FATCA) fronts. Before getting into […]
Posted on 31. May, 2013 by Another Joe.
Today we have a thought provoking article from one of our favorite gold dealers, the Hard Assets Alliance. The fact that we’re members obviously is one reason that it’s one of our favorites. But we seriously investigated what this organization stands for, what it does and what it offers the customer before putting in our […]
Posted on 24. May, 2013 by Another Joe.
Rachel greeted the woman at the table and remembers her being “very pretty” and “probably in her mid-20s.” “She seemed a bit shy, but she smiled as I greeted her.” Rachel served her a drink, took her order, and made some small talk about how the woman’s baby was beautiful and seemed so peaceful as […]
By Jeff Clark, Senior Precious Metals Analyst Platinum is a precious metal, as is palladium, though to a lesser degree. However, like silver, both are also industrial metals. Unlike silver, it’s their industrial use that is the primary price driver for both platinum and palladium – and that use is undergoing a fundamental shift. The […]
Posted on 20. May, 2013 by Another Joe.
By Jeff Clark, Editor of BIG GOLD Is there a potential event that could negatively impact your world so much that it’s imperative you insure against it? Of course. That’s why you carry fire insurance on your home, for example. The odds of your house burning to the ground are very low – but the […]
By Casey Research In August 1956, the Calder Hall Power Plant in Seascale, England began generating electricity and earned the distinction of being the world’s first commercial nuclear power plant. It was a humble beginning for nuclear power; the plant only had a 50-megawatt (MW) output capacity, whereas the smallest US plant today has a […]
Posted on 20. May, 2013 by Another Joe.
By John Mauldin All Japan, All the Time Japan grew at a 3.5% annual pace last quarter, the fastest pace in a very long time. Of course, government officials see this development as vindication of their new policies and will no doubt decide that even more of the same will be needed in the […]
By the Casey Research Energy Team Like the United States, the European Union relies heavily on Russia and the Commonwealth of Independent States (CIS) for its uranium, as shown in the chart below: Russia is projected to produce 64 million pounds per year by 2020. The majority – 40 million pounds – will come from […]