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I’m My Own Bitcoin and Cryptocurrency

On September 8, 2017, I launched a gig, not on a whim, but on much trepidation. Since my wife’s retirement as a 35-year school teacher in June, she had watched me in action and while not putting her foot down, really encouraged me to get paid for what I do anyway. Not via ads, pop-ups, or affiliate stuff as on this blog, but direct, by subscription.

My wife is very, very good to me and I’m locked into the blogging paradigm since 2003, 4,600 posts and counting. She doesn’t particularly like or read my blog, so it offers a fresh and unique perspective at home. How damn cool is that? …I’d have said “how fucking cool” before, but I’m a professional now.

Long story short, I settled in on creating a separate Patreon presence. I loved the ethic of it as soon as I saw it and I determined to take that ethic to the max and not game it by offering a lot of levels of stuff. So, this is my sales pitch:

I got 20 Patrons Day One. What the hell?

By September 30 just before the first payout happened, I had 137 Patrons. Three cancelled the day before the monthly payment charge, having received the month for free. But why be petty about pettiness? I got the benefit of the 134.

I got about 69 more patrons over the month of October and only 2 cancelled the day before payment, so a bit over 200 for that payout.

In the last day, it blew up like it did in the first few days. At present:

…Just so you know, Patreon itself gets an insanely reasonable 5% of the gig. The money changers get more, 6-7%, so I net out at 88-89%. This is why we need crypto.

Oh, and the EU wankers get a piece of my action as well.

Is that a LOL, or what? Some American guy almost nobody likes, a few select smart folk adore, and most hate, is effectively channeling money to the EU. It’s not much money, but it makes me laugh, the pure impotence of it.

So, anyway… Owning to the briefing notes of Teeka Tiwari’s cryptocurrency event and then Patrons sleuthing out the “mystery coin,” patronage grew by about 30 over the last day, 233 as I write this. I’m very grateful, and a special shout out to Patron Mark N. who put us on the right path, and to Matt A. and Mark J. for digging up the leaked memo. You guys really showed the powerful potential of a gig like this where we’re never hounded by hype, ads, or trolls.

Also, by pooling it together at a reasonable subscription price, your money goes where it should go, which is to the essential message, meaning into the crypto markets. Like Bob Brinker of the long running Money Talk radio show always said, “give yourselves a round of applause.”

So, now with Patronage getting to the $1,000 per month mark, it’s time to also up the game. Things like more formal briefings, inside stuff I can dig up, regular news and views roundups, etc.

One thing I’ll always shy away from is any sort of market timing or technical chart analysis. Because, it’s wrong as often as it’s right and I don’t want to be corrupted into touting my good calls and ignoring the bad ones. There is already the public portfolio, so you can see what I’m in and how it’s doing. I encourage you to note how it’s naturally self hedged, Bitcoin against Alts, and vice versa. By keeping that balance, you can relax while you wait for the big breakout somewhere, sometime.

It’s another milestone reached, about 2 months to the day from launch.

I’m my own private Bitcoin. This will continue to grow and at times, like over the last day, grow rapidly.

The Patrons have been fantastic in helping move this grassroots gig along, by freely sharing their own expertise, insights, and tips. So far, over the two months, many of us have taken positions in as many as 20 altcoin alternatives to Bitcoin (there are about 1,000 altcoins, most crap, some frauds), some that trade for pennies like Bitcoin did in 2009 and 10, but with buzz, adoption and good trading volume.

The entire crypto market is only about $150 Billion and only 15-30 million out of 7 Billion on the planet hold cryptocurrency. And yet, big institutions want to get in on the action, but there are no easily traded hedges that they need, as insurance. So, the biggest hedge outfit in the world, the CBOE, is going to be rolling out crypto derivatives as hedges. This will mean trillions into the markets.

That money has to go somewhere and I’m pretty sure it’s going to lift pretty much all of my boats, even my joke coin, “PotCoin.” Yes, I have 700 coin of a crypto designed to offer the unbanked pot merchants an alternative. They only need to get non-high enough to make it into something…

You should start your education now, where you sense and feel you can get out in front and you can! Don’t wait until you feel like you have to catch up to everyone else. If you are reading this, it means you follow me. And if you follow me, you know that you lead by following me. LOL. 🙂

So, you’ll be needed once everyone is begging for knowledge and yet again, you will be able to do your social calling, which is to help light the way for others, as so very many of my peeps do in diet and politics stuff, with my eternal gratitude, solemn nod, high salute, and awe.

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Richard Nikoley

I'm Richard Nikoley. Free The Animal began in 2003 and as of 2021, contains 5,000 posts. I blog what I wish...from health, diet, and food to travel and lifestyle; to politics, social antagonism, expat-living location and time independent—while you sleep—income. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. Read More

10 Comments

  1. What Is A Cryptocurrency "Wallet" Really? on November 7, 2017 at 09:31

    […] I’m My Own Bitcoin and Cryptocurrency […]

  2. Beans McGrady on November 7, 2017 at 13:34

    Hey, I am sold. A soon as I can afford it. . .

    Off topic link you might be interested in, an interview with the guy that stopped the Texas shooting.

    It is great rant material since this guy is clearly traumatized and just oozes decency. Have someone watch it and ask if they want to take his “assault rifle”.

    https://www.youtube.com/watch?v=B4HEchh0XD8

  3. fearless on November 8, 2017 at 01:12

    I am glad you have been able to monetize your blog – albeit indirectly. I can’t help but wonder, had your Patreon adventure coincided with your no soap, no shampoo peak I suspect Patreon would be reaping you 10’s of thousands a month – if not more.

    Onwards and upwards. Keep it up old chap.

    • Richard Nikoley on November 8, 2017 at 19:16

      Well, I’ve always had some monetization, typically 1500-2000 monthly, making it a paying hobby.

      But, since the soap deal was in 2009, I should have just put $100 in Bitcoin and it would be worth better than $10 million now….

    • fearless on November 9, 2017 at 10:12

      Haha. Yes. I worked with a guy who mined Bitcoin in the early days. He sold everything he mined for a few thousand dollars and thought he was a genius for doing it for free with work infrastructure after hours.

      If it wasn’t for him though I probably wouldn’t have bought any myself.

    • fearless on November 9, 2017 at 10:15

      I am holding out till Bitcoin hits $300,000 or better.

  4. VW on November 8, 2017 at 15:34

    I hope you make a killing. Not anything I’m interested in, but so it goes. Best wishes, my man.

    • Richard Nikoley on November 8, 2017 at 21:18

      “Not anything I’m interested in”

      Dunning-Kruger packaged in hubris.

      You don’t even know why, so I’ll explain it. A revolution in money is afoot and you’re interested in money.

      Ergo, you’re exposing your own laziness. I see it all the time.

      And I don’t care if you sign onto my gig or not. All I do is try to make it easy for the most ignorant (newbie), like you.

      You will be very interested, one way or another and at a point your life will depend upon it if you insist upon not being uninterested.

    • VW on November 9, 2017 at 13:42

      That’s a fucking good response. Thank you. Now I gotta take a look-see.

    • Richard Nikoley on November 9, 2017 at 13:48

      Ha. Well, good.

      Another way I put it to people is that you can afford to ignore hiphop and rap music….

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