How to Create Money. Do you prefer to create money, or spend money? Bitcoin rallied following a proposal from global regulators that would introduce capital requirements for banks dealing in crypto.
The largest digital token gained 5.1% to $38,250 as of London time 6.10.21.
While the proposal would introduce tough capital controls, it also shows that regulators are taking the fast-growing market seriously and preparing the banking industry for how to deal with its widespread adoption.
Creating money is really a mindset as much as a talent.
Overcoming Your Fear of Success – Wisdom of the Wolf
Don’t trust your scattered mind, it speaks strong and loudly,
but it’s merely the voice of the failures of the past, and the trembling fears that
a successful future you, will leave it behind.
Don’t trust your emotions, they are always stressed, in
flight or fight mode, frightened and dangerously illogical.
Do trust your Heart. It speaks the Truth. For it’s the primordial wolf of you buried
deep below the rubble of fallen dreams, past pains and distrust of others. When
your mind and your emotions are still you hear its voice flowing up from the tranquil
waters of life below. Trust it, for it is the only thing in this world of Maya that
is real. It is your inner wolf, your primordial spirit guiding you forward,
filled with love and unending success for you and others.
Steven Monahan – Story Marketing – Wisdom of the Wolf. Subscribe to our marketing site at StevenMonahan.com
Throughout human history and into today, the Rulers, the Kings, and the Nations with the most money controlled the world. Money, in and of itself is neither good nor bad. What we do with money is the issue, and has been for every culture and society. We can build a hospital in Africa, to care for people in need. Or alternatively, we can build an arsenal of nuclear missiles and destroy humanity.
Furthermore money is not one-dimensional. If you ask most people, what is money? They will pull out a dollar bill, or whatever paper currency that their country prints, and say, “this is money.”
Money, however is deeper than that. They could pull out their plastic credit card, or debit card and that also would be money. They could use that plastic, versus the paper they showed you and buy whatever they want as well. This cheap encoded with computer code is also money. Gold and silver coins or bars are also money. Paper pieces of paper called Stock Certificates are also money, as are simple metal tokens to pay for a subway ride. The “money” sitting in your designated account at your bank is no more than electronic digits on a mainframe somewhere.
The standard, non-emotional definition of money is this. “Money is any good that is widely used and accepted in transactions involving the transfer of goods and services from one person to another.” Economists generally list three different types of money: commodity money, fiat money, and bank money. Commodity money is a something that serves as the value of money.
Gold coins are an example of commodity money. In most countries, commodity money has been replaced with fiat money. Fiat money is good; the value of which is less than the value it represents as money. Dollar bills are an example of fiat money because their value as slips of printed paper is less than their value as money. Bank money consists of the book credit that banks extend to their depositors. Transactions made using checks drawn on deposits held at banks involve the use of bank money.
In our just released money book BITCOIN FOR VIRGINS we cover the basics on the new paradigm of money – Cryptocurrency – particularly Bitcoin. We will start off with a broad overview of just what is money. Money is not as simple as most people think. To start off, it is an accounting system and a means of exchange. We will go into a brief history of money from Barter, to Tokens, to Chinese Flying money, then to gold and silver and then to notes, and finally into what we use as money today.
We then move to defining just what Bitcoin is. With the overview of what is money and its history it become clear just how Bitcoin and all encrypted 21st century money fits into the picture, and help you see why Bitcoin is not only money but the many advantages it has over todays unsecured, third-party controlled sovereign States money.
We then take you to the nuts and bolts of how to purchase Bitcoin in the U.S and Globally, How to sell it, Where you can spend it, where to store it and finally the Global political and legal issues Countries are putting into place to try to control the private, free and open borders benefits of Bitcoin.
Trade Wars History of Money. For the past 100,000 years of barter and trade there have only been five revolutionary changes in what the world has called money. Cryptocurrency led by Bitcoin will become the sixth iteration of money. We are living in a new era, traveling into exciting, but uncharted waters.
If you want to understand the changing world of money, learn about Cryptocurrency like Bitcoin, Ethereum and other digital coins and how to purchase, invest in, sell and use this new paradigm of trade then purchase Bitcoin Guide For Virgins. In an insightful 30 minute read you will be on your way to succeeding in this brave new age of money and trade.
Blog Post -Trade Wars History of Money.
Steven Monahan – Former fortune 100 executive, death survivor, and animal welfare leader. Author of Project Black Dog Adoption, Bitcoin 20 Minute Guide, Bitcoin for Virgins, Chasing Love, One Thing Workbook, Art of the Black Dog and Rescue Renew Rehome: Future of the Pet Industry and Animal Welfare. Website: StevenMonahan.com
Ask this Question Before Starting a New Business. In our One Thing Workbook, we talk about the importance of always asking yourself, Why? Why do I want to do this? Why should I choose this one thing over these many things? When we are deciding upon the “One Thing” we want as our career or our vocation, we need to dig deep and ask ourselves lots of questions. One of the first we ask is Why…why do I want to do this one thing? If it does not satisfy a financial, emotional or spiritual need then we should not select it. Nothing works in the long run unless driven by a powerful, emotional why.
Becoming an entrepreneur or business owner is a bit different, however. In starting a business the first question you want to ask yourself is “Who.” Who do I want to serve? When you know who… then you just need to think about “What” they need.
Figuring out who you want to serve first, you can then focus on serving that persons need better than anyone else. Most people starting a business do it backward from this. Believe me, I know, I have done this. We think first about our wants. But that is backward. We need to first think about others wants. Thinking about who we want to serve and what they want should come before our wants. At least if you really want a viable, profitable, personally satisfying and sustainable business. Let’s be honest without a client or customer who wants your idea and will gladly pay for it you have no business.
So, always start with “Who do I want to serve?” Then figure out what they want and will pay you good money for. Then deliver it better than anyone else.
Does that make sense? If not please email me with your thoughts. Love to hear them.
How We Spend Our Days is How We Spend our Lives. Annie Dillard in her book The Writing Life says “How we spend our days is, of course, how we spend our lives”. Her book The Writing Life is a beautiful and poignant meditation on a life well-lived. The Writing Life reminds us of the trade-offs between presence and productivity that we’re constantly having to make. The book doesn’t teach a writer how to write. It shows how a writer lives her life.
“How we spend our days is, of course, how we spend our lives” reminds us that what we do each day eventually becomes our life. Therefore how we spend each day in the singular, becomes how we spend our life in total. And while things may seem either uneventful or important, judged by a single day: judged by a lifetime of single days, they add up to either a life well-lived or a life squandered.
Walking in the woods each day with your dog, observing in the present moment, with all your senses aroused, feeling the breeze to your back, the sun on your face, the beauty of the woods, the smell of the flowers, and the activities of the critters skirmishing to and fro may not seem to be a productive day by today’s fast-paced consumerism or technology standards, but, looking back on a lifetime of such glorious days, would by all but the most cynical of soul, or dead of heart would be a life well-lived.
Consumerism and Silicon Valley have turned our world upside down and with it turned bad into good and good into bad. Today we are made to feel that if we are not doing something, something important, something productive then we are failing. We believe that buying things is our purpose.
Most of us know however that no matter how many believe a lie; a lie is still a lie. Technology and Consumerism is not the solution to fixing a world gone crazy, it is instead the reason.
Steven Monahan is a former fortune 100 executive. He is a Life Coach, and the licensee and creator of TEDxDupreePark, and GPA Charities, Atlanta Ga.
Not a Rosy Future for Milk. There are continuing declines in consumer milk consumption. Dairy milk’s future isn’t rosy. Last year, the US Department of Agriculture’s Economic Research Service said household purchases of cow’s milk declined 12%. Dean Foods said continuing declines in consumer milk consumption led to their bankruptcy.
Not a Rosy Future. As plant-based milk brands grow—dairy milk is struggling to stay relevant. Especially when you consider its impact on the environment; according to the University of Oxford, producing dairy milk creates three times more greenhouse gas emissions than any plant-based milk.
How to change your life. Simple, change your perspective. You change your perspective by changing your thinking. Learn what you control and what you do not. Study Stoicism and you will gradually change your perspective.