I have to be honest. In a perfect world, I would not even be considering using Bitcoin. I do not match the first adopter profile (and in fact, I am not a first adopter. I probably count as second or even third tier). In terms of investing, I would be far happier with an investment of bonds making a safe 4 percent a year. I would be perfectly happy sitting in an office working towards a secure retirement, doing my best to provide value to my employer. I would be perfectly happy trusting the institutions of our society, governmental and financial, etc., to operate with high ethics in the interests of the general public.
The bitcoins are not actually in the wallet, they are still on the web. In fact, the outside of the wallet will have a QR code that will allow you ship coins to the wallet any time you like.
Clearly, for a business to have value it must be able to #smart contracts. How could it be worth much otherwise? Making money is the reason businesses exist; they are not there just because they enrich people’s lives or keep people occupied; that’s what non-profits and government bureaucracies are for. Businesses exist to make money, bottom line.
What I tend to look for is whether or not the video engages me. I am not that bothered about perfect picture and sound quality, although that always helps.
There are a few things to learn: getting and using a software wallet, learning how to send and receive money, learning how to buy bitcoin from a person or an exchange.
There are many other ways to make money with YouTube. Although it is quite possible to make profits in this way, you must realize that it is not a ‘get rich quick scheme’.
This currency, once it reaches critical mass, will not be easily manipulated by individuals or governments. It will give us a chance, not a guarantee, but a chance, to correct the system.