Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Sunday, November 26, 2017

Evolution XXVIII

What is Bitcoin?


A Peer-to-Peer Electronic Cash System 





Bitcoin first of all is a network. We have Bitcoin as the network and Bitcoin as the currency. 

Bitcoin was created by a developer or a group of developers named Satoshi Nakamoto. Satoshi Nakamoto is a pseudonym and no one knows for sure who this person or group of people is. This makes the real identity of Satoshi completely irrelevant. Bitcoin was released as an open source project and the Bitcoin protocol invented by Satoshi is more of a blueprint than anything else. Satoshi Nakamoto has no control over the network.

Bitcoin is money for the internet, anyone in the world can open an account and start sending and receiving funds. The only thing you need in order to open an account is a computer or a mobile phone and an Internet connection. 

Bitcoin as a network works 24/7. Bitcoin it is completely decentralized and there isn't any government, nation controlling this network. No single entity controls Bitcoin. There is no central bank, no institution, organization or company that has total control of the network. That is why Bitcoin is completely decentralized. 

Bitcoin the currency is "discovered" by a process called mining, a reward for providing security and processing transactions into the ledger called blockchain, a chain of blocks where the amount of Bitcoins are registered into accounts.

The blockchain is a public database of all transactions that ever happened on the Bitcoin network. This database is constructed of blocks that are cryptographically linked together forming a chain. Each block contains a set of transactions during a period of time. A copy of this public database is distributed to everyone in the network.

"By convention, the first transaction in a block is a special transaction that starts a new coin owned by the creator of the block. This adds an incentive for nodes to support the network, and provides a way to initially distribute coins into circulation, since there is no central authority to issue them. The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation."  - Satoshi Nakamoto White Paper page 4


The blockchain is blocks cryptographically linked together because if someone decides to cheat the network and claim that they have more Bitcoin than they actually have they would need to modify a transaction made in a previous block.
This would break the cryptographic link between the blocks in the blockchain and because everyone else has a copy of the blockchain everyone else would be able to detect this fraud because the cryptographic links would not match. 

The Bitcoin network is structured in such a way that you don't need to trust any other party in the Bitcoin network. It is impossible to cheat about the number of Bitcoin you have, you can't forge a transaction and isn't possible for anyone to take your Bitcoin from you, as longer you control your private key, that is why you should always use a hardware wallet to prevent you being hacked.

Bitcoin is a peer-to-peer (P2P) technology without any central bank, server, institution, government or company managing it. If you’ve ever heard of torrent technology this is similar in the way that there is no single point of failure. The Bitcoin protocol and software coordinate the entire network using miners.


A miner is a book keeper of the system . These miners process and put transactions into blocks. Mining Bitcoin involves solving computationally difficult cryptographic puzzles. The miner that manages to solve the puzzle gets rewarded in Bitcoin.

When a transaction is propagated through the network and reaches a miner, the miner checks that the transaction actually is valid. Theoretically a miner could validate non-valid transactions but other miners would quickly notice that and the malicious miner wouldn’t be able to claim the mining reward.
This way miners are incentivized to perform their job correctly. Today different companies are building data centers in order to profit from Bitcoin mining. You can also mine several cryptocurrencies using your computer, you will use your computer power and depending of the performance of your components like CPU and GPU you will be rewarded.



Why should I research more about Bitcoin, Altcoins, Tokens and cryptocurrencies? 

Well there is no simple and direct answer to that question but like in every evolving process that takes time and takes true efforts, it is always worth it.




Start earning Bitcoin by mining cryptocurrencies ---> Minergate


Do you want to buy Bitcoin? ( In-person / Cash exchange ) ---> LocalBitcoins


Cryptocurrency exchange ---> Hitbtc


Do you need a safe place ( hardware wallet ) to store your coins? ---> Ledger




Like always have a great week and make something amazing!

Your friend, 

-JM

Sunday, November 8, 2015

Evolution XXI

Some things you need to know about MONEY




Money offers FREEDOM and SECURITY!



















Money can give you security, pay for your home, provide to your children future, their college fund, your retirement fund so gives you security. 

Money also gives you FREEDOM, gives you freedom of choice, to you live where you wanna live, to drive the kind of car you wanna drive, to visit the kind of places you wanna go to your vacations, to not have a creepy boss, a creepy job you hate, that you go there everyday.

Money is a eco for value produced. The more value you produce, more money you gonna receive. The way to get more money is to simple produce more value.

Rich people will save the world. If you wanna save the whales or if you wanna save the forest the best thing you can do is become wealthy to support those causes that are near and dear to your heart.

Not becoming financial free is an insult to the force that created you. Doesn't matter what you consider that force, if it's natural or spiritual, doesn't matter the label you use because if you don't became healthy, happy and wealthy that is an insult to the force that created you.



Have a great week, go for it, lets do something amazing this week and be FREE!



- JM

Saturday, November 7, 2015

Evolution XX

How you grow your WEALTH?



You have to spend less money then you take in every year!





















You have to spend less money on your living, on your buyings, mortgage, your transportation, food, cell phone plan, etc, because if you don't you can't grow your wealth, you always be broke which it will be optimistic because more then likely you probably always be in debt.

Most people today spend about 125% of what they are earning. You need to take a percentage and have to put it to work, growing your wealth, power of compounding / power of compound interest.

Decide now to live in X percentage of what you take in every week or every month.

You use that percentage and then use it to invest that percentage in 3 buckets.

Bucket number 1 - Low risk so usually means low return investments but almost all investments in this bucket have no risk at all then it means also low reward.

Bucket number 2 - Moderate risk, moderate return. In this bucket you can have real estate investments, stocks and investment funds.

Bucket number 3 - High risk but also have potential to high return. Mostly new emerging tech stock companies, it means high reward.

Depending of your profile and character you decide the % for every each bucket but never forget that bucket number 1 should have the biggest % because like that can never be lost the principal.
Then decide according your personality if you like more to take risks for example the percentages for buckets number 2 and 3.

Decide today to learn how the money system works that is designed to keep you in dangerous servant.



Have a great weekend and decide to be in GOOD mode ( Get Out Of Debt ).




- JM

Sunday, November 1, 2015

Evolution XIX

Why you need to achieve FREEDOM?



True freedom abordes a couple of things: money, material things and relationships!



It is really important that you don't diminish money and material things as part of the reward of becoming free.

Becoming free it allows you to choose, choose about the kind of home you live in, the kind of car you drive, all these cool stuff is FREEDOM.

But it is FREEDOM how you make your day, what time you wake up, wake up when you finish sleeping, doing work that mean something to you, doing things that enhance your life, give value to your life, spending time with the people who are important to you, so there is a lot of freedom with that.

When you achieve FREEDOM you achieve also security, you need to have security, you don't want to be at mercy of some boss that can laid you off, you don't want to be at mercy of some changing in economy or in your industry, you need to have the security knowing your bills are paid, your home is debt free and you can provide to your future.

If you are poor you can not help anyone else because you even can help yourself.
When we are poor we are missing the mark that our Creator, the energy that created us, the force that created us given us.

We supposed to be free, we supposed to be healthy, we supposed to be happy, if you are poor you are placing a burden in other people, in society to meet your need and if you are poor you can't really contribute to society in a full manner. If you are poor you can't help charities, you can't contribute to noble causes, you can't do good work and you can't help others.

There is no shame in being born poor, lots of us born poor, a lot of you reading this born poor, I don't think there is any problem be born in poverty, what is the problem is to stay in poverty, because is an insult to the force that created you, for you to be born in poverty and stay in there, to be born in sickness and stay there, born in unhappiness and stay there, that is an insult to the force that created you, with all the incredible inherited potential that is alive in you and you just only need to uncover.

But also for you can transform yourself like I wrote in the book TRANS4MATION it's up to you! you need to overcome the victim mindset, you have to let go be a victim and you have to transform yourself into being a victor.

You can be a victim or you can be a victor but you can't be both, you have to choose one or another.
How can I know if I'm being a victim? Well if you need to ask yourself that question the answer is probably you are. How do you stop being a victim and transform yourself into a victor? The answer to that question is a simple answer: You decide to.

Don't forget that money doesn't make you happy, material things doesn't make you happy, I agree that material things doesn't buy happiness but money and material things allow you FREEDOM of expression and is that FREEDOM of expression that makes you happy.

The most powerful benefit of you becoming free is who you have to become, is the person you have to become to create FREEDOM.



So have a great week, be amazing and don't forget to be FREE!



- JM

Saturday, October 31, 2015

Evolution XVIII

The only FREE cheese is in the mousetrap!



You don't become wealthy winning the lottery or get in inheritance.




Studies reveal that who win the lottery 10 millions, 50 millions or 100 millions, in average 10 years later those same people who won the lottery 10 years ago are broke or even in worst financial situation than before.

So how that is possible?

Someone said if we took all the money in the world, divided it up equally among everybody, it would soon all be back in the same pockets.

If we want to create wealth we need to create value. Solving problems or add value ( these are the only 2 options we have and it is how wealth is created ).

Or did I fall into entitled mentality, did I think that the world owe me something, the government owe me something, wealthy people owe me something or have I understood how the principles of wealth really work?

No anyone ends up in poverty by mistake and no one becomes a millionaire by accident right?

Someone doesn't become sick by mistake, these are all consequences of patterns, these are consequences of habits. 

We all need to have really good habits:

Here below are some good habits we should have:

a) Living with integrity ( tell the truth, truthful in our relations, truthful with ourselves, doing the right thing because we all know when we are doing the wrong or right thing to do ).

b) Eating healthy, eat for energy, we need to eat for nutrition, eat in a way that fuels our bodies and allow us to do the things we want to do.

c) Self-development, daily self-development, set aside time to read, listen everyday some good nutrition for the mind.

d) Exercise, the human machine, this body, these bodies that we have, that we live in, they work better if we exercise everyday.

e) Practice self-discipline, If we have self-discipline we exercise because we know it is supposed to do like that. If we have self-discipline we eat healthy because we know it is supposed to do like that. If we have self-discipline we do the right thing.

f) Read every day, every successful person reads everyday.

g) Taking action, we do something that takes us closer to our dreams. If we have goals, if we have objectives, dreams to accomplish, we really want to accomplish them, then we really have to take action.

So get up and move forward.



Have a great weekend and just Do life!



- JM

Friday, October 2, 2015

Evolution XVII

Why you need to be free?



Debt is a prison and is best to escape as soon as possible!



To you become free you cannot spend more than you earn. Just as simple like this and you gotta commit on that right now.

To become free you cannot spend more than you take in.

To be free you need to be able to meet your own needs, mean you have to have your shelter, you need to have your food, you need to have your transportation, your medical care, your dental care, your eye care, you should be able to take care of your needs.

You should save at least 10% of your net income every month so you can handle occasional emergencies and if you became unemployed you should have aside enough money in the bank to pay for the expenses at least for 6 months.

To help you the best thing you can do every single month is a financial statement. 
You add all the debts you have ( every credit card, every student loan, every single thing ) put in one side. The other side the assets you have ( certificate deposits, savings accounts, retirement fund ). 
Add up all the debt, add all up the assets and see where you are.

Make more money by doing things you can do to add value and solve problems.
If you wanna to be free you need to create value to something or you solve problems to something and when you create value and solve problems people will give you money.


So like always just do life, be free and have a great weekend!



- JM

Tuesday, September 1, 2015

Evolution XIV

Learn how to be a kid again!



When you were born you didn't have afraid of speaking in front of groups













   Think when you were a child, without afraid of speaking in public, without need to fit in where you were, you have the amazing sense of adventure, passion and excitement, you were really happy. That condition is your authentic self. But then what happens is along the way we take in beliefs and values and behaviors that we get from the people around us, obvious we are influenced by our environment and in particularly the parents, the coaches, the people who are around us the most, particularly the formative years.

We take in those beliefs and in those values and for most people in the world we take in those behaviors and create a gap, a space between your authentic self and your personality.

You have to know what are your values, what are the principles you wanna live by, not necessary what other people taught you.

You need to know the stuff that matters to you, it's gotta to be your goals not someone else.

Most people today they are doing something they really don't want to do, they are a dentist because 3 generations of their family were a dentist, there are a lawyer because their mother was a lawyer or their father was a lawyer.

And some people are doing this, running like in auto-pilot, in someone else goals.

We usually say money and materials things don't buy happiness, they allow you to self-expression on things that brings you happiness.

Happiness comes from achievements as we keep creating achievements we want to accomplish and we start to achieve those things that is what brings us happiness.

You can seat all day, have no money worries, nothing to do, watch all day movies in TV all day long, all your needs are met for you if you have a wealthy mother or father that gives every month millions to you use in your necessities and you wouldn't be happy because happiness comes from doing things, from achieving things, and when you switch from success for significant is not having another achievement it is having a achievement that means something.

Another situation that is common is people usually are worried with what, about other people think about them and doesn't matter what other people think, it is your life, do what you like, live like you want. 

Be comfortable in your skin because you can't love anyone until you love yourself first.

You need to love yourself before you even like anyone else!



Have a great week and lets go doing something amazing.



- JM. 

Tuesday, August 11, 2015

Evolution XI

Give life to your idea of being totally free!



You're not poor because you don't have money, you're poor if you don't have goals and a dream!




My definition of being free or have freedom isn't just going for the money and having material things but I'm not just focus even in being in the middle of the nature, and meditation, etc.

Is the combination of the two, being free is what brings joy and happiness to your life.
Also is what brings value to your life, the all picture of freedom is the money and material things, the health and wellness, powerful relationships, being happy, is the full-pack/include all of those things.

Why you should and how you can create goals?

It's very important goal setting, because when you have a goal there is a center in your brain working to achieve that goal, it's scientifically proven, that shows the veracity of this.

A lot of research was made in the 60s about how the human brain works and what they saw when you actually have a goal there is a center in your brain that works toward achieving that.

So make sure you have dreams, you have goals, this vision of you want to do, have or become. 

Children are very good in this when they are young, but adults are very good in killing this and we need to reverse this process. We got to nurture the dreams, because you have the right to decide how you want to live, to be free and choose your destiny.


But you can think this: how can I achieve my goals or my dream?
   
You don’t have to know how to do it. You just have to know two things—where you’re going and that you will get there.

You can also do two things: create an image of you living already your perfect life in your mind and the dialogue to support that image.

You’ve got to see yourself in the clothes you want to wear, having those cars, having that house, etc. Picture those things about you want to do, have or become. Build a clear image of you looking awesome and feeling fantastic.
You also must develop a new way of speaking to yourself and others. Otherwise, you will sabotage yourself with negative self-image dialogue.

Focus on what you want.
Write a description of your new life on a card— the look you want to be, the cars and house you want to have, the people you want in your life, and how you’ll look and feel. 
Read your card and affirmations several times a day. See yourself as already being looking, feeling and behaving in that new life. Get emotionally involved with these ideas.
Do these things and you will transform your life. Not by forcing yourself to do things you don’t want to do, but by building a new model in your marvelous mind.
This might seem overly simplistic, but the body is the instrument of the mind. When we build an image in our mind, our body HAS to express it. The transformation happens by law.
But for that could happen you need to be focused on that all days!

Focus each day on what you want to accomplish for the day, put the blinders on, if you find yourself distracted here or there in something isn't moving you close to you goals, stop it and focus specifically on the task that you need to accomplish for that day. Write down 1, 2, or 3 things each day that you want to get accomplish, and absolutely focus in order to be able make it happen.  

Give life to your idea of being that free person. I promise it will take on a power of its own.



So like always just Do life and have an amazing week.



- JM

Saturday, June 13, 2015

Evolution VIII

It all starts and ends with you!



Awake for a new possibility...















Are you really living? You can create everything in your imagination of what you want for your life and the big news here is you can have it.

If you really want it, you desire it, if you willing to do the work that is need to make it happen then you can change your thinking, go against the adversities and you can have it.

Doesn't matter how old you are or how young you are, what sex you are, the color of your skin, what language you speak or if you had success or failure in your past, what really matters is what do you really want for your life?

I believe that we are exactly the same, we just look different, speak different, live in different places in our planet earth but the source of our power is the same and just one.

The only difference between a successful people and a person who is not, it is that successful people have habits that failures don't like to have.

You need to plan, do and review. Say it is the way this gonna happen and just do it in order to achieve that goal.

Did you ever thought why 3%, 4% or 5% of the population of our planet are earning all the money?

There is a formula for creating wealth?

Of course!

First of all I really believe that we must first and before of everything decide to become wealthy.

Like I wrote above please decide to be wealthy, healthy and happy. Decide to live well, decide to have nice houses, nice cars, nice clothes, nice watches, nice vacations in beautiful places all over our planet earth and having the time to enjoy those things with who you want most in your life.

For that can happen you must believe that you are worthy and you deserve all those things.


How do you create wealth?

It's by fixing and solving problems and creating or adding value.

Most of people say that all the people want money and if this saying was totally correct then most of people didn't spend money, they will keep it, and what we see happen when people receive their money from their employer? Of course they spend it or in another words people trade their money for something they want more than the money they have in their wallet. 

So by now the question we should be making is how can I fix or solve problems or how can I create and add value to the market place?

You can create a good income by doing one or both of the 2 ways we have available to create wealth but you can't be trap in the trading just your time for currency, because we all have just 24 hours a day, and we all need to do in each day at least have some meals and rest, etc so we must apply the concept of leverage.

Never forget that if you willing to give so you gracious receive.



Have a great weekend and like always just Do life!


- J. M.