I wanted to tag this article; ‘just stake it’. Maybe I will make sure it is the next thing I write about. I was just going through some of the tokens I hold or perhaps have unknowingly earned. Micro payment is something that is overlooked for the moment but I can say not for long.
It is ALL about understanding where the future economy is heading. I have said it several times, the future belongs to investors and there are no two ways about this.
To be ahead you will have stakes and the earlier this is practiced the better. Stop bothering yourself about how artificial intelligence will take work from you, it is supposed to be so or are you happy being a workaholic?. I overworked yesterday in the office and when I was opportuned to sleep it was as if I was completely shut down and it is only God that knows how I actually woke up. You see why I keep hating all this work! Work!! Work!!!?
investment for returns has always been the strategy anyway, it is just that I was done more codedly. We can say this has been one of the advantages of advanced technology aside from just technology itself. Starting from the bases when there was no impact of technology, it was difficult for the ordinary to find opportunities. Even those who had what to invest were still limited because of the cost and risk of investment transfer. It was more limited to regional investment.
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Technology broke that barrier to some point, the introduction of companies and places like the bank seemed a game changer although it was flawed. Yes, not all at its earliest phase were able to invest. How do you even meet minimum investment criteria? Maybe I am just going too far? How does investment opportunity information even reach the locals?
Like it or not but one has to tip his hat for Web3. This is not about if it has actually been able to rival its predecessors but rather the fact that it has been an eye opener. Do you know what it means to find an investment environment where you could invest a few cents to a dollar. Aside from the hope of buying cheap tokens for future growth when attributing to cryptocurrency (not actually that this is the main focus of crypto). Let's look at the fact that it gives you the opportunity to start somewhere.
In short, we have seen traditional banks and other investment platforms start making investment much easier for investors. Many financial institutions are now paying 15% to 20% annually. Oh!! So there was always enough money to pay out a better annual dividend? So what then were investors compensated by discouraging ROIs like 3% to 5% daily? I could remember some years earlier when I curiously walked up to the bank to find out how I could earn ROIs.
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You will need a domiciliary account with a minimum of $100 dollars. It was a big money by then in value. So what's next? I will have to lock the money in a fixed deposit for 3% or 4% annually, I can't really recall but that payout was very discouraging and the marketer wasn't even taking me too seriously. Not that actually I didn't have the money to invest, the idea was that it is even the bank doing me a favor and what can you say in the then era of siloed investments.
To conclude, let me add, yes, there is a lot to say about micro payments and how it has revamped the world of investment. We are NOW heading into an era of ‘investor competition’ by big businesses itself. This is a good thing for investors because one will have to take it time in choosing the best to stake his assets. The backyard investment thing is waving off. Many if not everyone's eyes are now wide open.
This is an article covered by dani-EL; a broad niche writer. I write on faith, life facts and daily living, business and economics, small scale and daily businessing, cryptocurrency and technology. And yes, I do cover articles on financial education and investment updates. And note, if I happen to be a financial adviser to you, the TOP financial advice should be ‘DYOR’ (Do Your Own Research), I can't afford to break your heart.
