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In 2022, Is Black America Really Prepared to Take On Crypto, Avoid Its Risks, and Reap Its Potentially Huge Game-Changing Rewards?


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On 1/12/2022 at 12:27 AM, nels said:

 

I'd welcome your opinions and insights on this rapidly growing and potentially very important subject.

 

 

 

@nels

 

I recently got my first Helium Hotspot to earn 

money from the IoT.  It generates Helium which

is on the Ethereum blockchain, I wrote about

it in the Mzuri Crypto Report thread.

 

I think that any form of Crypto mining is the

way to go if you want to earn passive income. 

 

I have another unit on order and I plan to

expand upon this effort gradually over

time.

 

+++ THE MZURI CRYPTO REPORT +++

 

 

 

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@nels

 

This is a VERY important topic because we need 

to get off of the working for a living treadmill,  

otherwise known as the rat race, and earn more 

passive income, because that is the key to 

creating wealth.

 

Mining Crypto, and other methods of earning 

Crypto like investing, staking and lending, is 

a great way to earn income passively.

 

 

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10 hours ago, Mzuri said:

This is a VERY important topic because we need to get off of the working for a living treadmill,  otherwise known as the rat race, and earn more passive income, because that is the key to creating wealth.

Most people have to work for an income  (active) in order to cover their basic needs (food, shelter, clothing, education, etc.). 

 

Hopefully, they will have earned enough income to make investments leading to  passive income (real estate, stocks, bonds, etc.).

 

Accumulated income (active), personal property and capital gains (passive) produces wealth. 

 

Unless there is generational wealth, there is no getting around having to work. 😎

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52 minutes ago, ProfD said:

 

Most people have to work for an income  (active) in order to cover their basic needs (food, shelter, clothing, education, etc.). 

 

 

 

@ProfD

 

Not really.  Having to get a job is a mindset, like being

in poverty.  

 

Earning passive income is also a mindset, and can be 

easily achieved.

 

Especially now when people can earn income by using

the internet to setup websites or self-publishing books

and a hundred other ways.  

 

Obviously there is some initial work involved, but passive

income is not that difficult.

 


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@Mzuri, unless someone is born rich, they have to produce goods and/or perform services in order to earn income.  That's a job.

 

A prostitute doesn't make any money just laying around thinking about it.  There's some work involved regardess of mindset.😁

 

Poverty is a condition into which people are born.  Most folks do not choose it.

 

Getting out of poverty requires a different mindset, knowledge, skills, abilities, talent, opportunities and luck. 😎

 

 

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