good morning my lovely @dtube peoples.
recently i’ve had a few issues converting funds from an exchange into fiat, the actual conversion process was flawless and was backed up with probably about ten parts of ‘trust’ — address, name, phone number, recent trades etc — i used local bitcoins for it.
the problem was with a certain ‘app banking’ solution which i won’t go into yet until i’ve pulled out the rest of my money because it’s my rent money also, i’ve basically taken my $ balance from my course residuals mixed together with some crypto ‘trades’ from bitcoin to fiat.
it seems that some of these app banks do not support ‘crypto’ trading even if i’m receiving money from another ‘person’ — yesterday i got an email quizzing me about my job, what i want to use my account for and my ‘relationship’ with a person i had ‘received’ money from.
it was obvious from the email that this person was ‘not trusted’ and that could probably be for a number of reasons — personally i think it was his name, country of origin and probably because he had been doing a lot of trades and was obviously flagged.
the email basically said that i had to supply that information within 72 hrs otherwise my account would be closed. i instantly went into panic anxiety mode, here was the system potentially going to f___k me again because they deemed that transaction in some way a little iffy.
to be fair to this certain app startup after submitting my information they got back to me within five minutes and confirmed my account was ok to use but that i should no longer use it for crypto trading funds — ugh, bummer.
was kinda interesting to me of all the ‘trades’ i had done (around 3/4) that it was this gentlemen name that was flagged up — makes you wonder about what will be judgemental about you as a person when the AI get’s hold of the data in years to come, especially when it comes to scanning years of social data, it could really limit our ability to earn or move around the planet and it’s something we need to be aware off.
which got me thinking back to the first question — what is my job title, how much is my salary and who is my employee.
crypto and the system are a gulf apart. the data sets don’t marry up, they need basics like this because the system has a fixed way of looking at things. they need to put me in an algorithm box which systems use to make weighted decisions based on my job title, income and have some due diligence for connecting in and interfacing with my employee.
as we all know in recent years hacking and database leaks of passwords and data means that all our information is out there, addresses, social connections all of it is ready to be accessed and potentially manipulated.
so anyway, title, salary and employee.. . let’s get into that, how do i explain that away that i work on a ‘proof of brain’ blockchain and that i make online courses where i earn residual income from online websites like upwork?
people glaze over, instantly jumping to the conclusion camp of ‘dodgy’ internet things, god forbid you mention the ‘bitcoin’ or ‘crypto’ work — for the average person in the street those are very much connected to illegal, dodgy, underground and i’m sure that the tech, blockchain is thought of similar, in fact you’ll probably find that they have even less information about what that even means.
so what do we do? how do we educate and fix this problem in the short term, how do we bridge the gap between platforms, how do we link the data together in a way that the real world understands?
i’ve been thinking about this overnight and i’ve been thinking about a digital agency that handles payroll, employees (bloggers mainly) and their income and job roles, think of it like a recruitment company — you know the ones that you go to when you want temporary work.
they handle your payroll, tax issues and pay you via what are seen as ‘normal’ to the system methods — you have a job role, are an employee and you receive pay on ‘their’ payroll. it’s simple and the system understand it.
so i’ve been thinking maybe if we had a steem payroll system where you were an employee, where you had a profile page listing details that was fully web searchable, that had transparent earnings listed for the posts and content you put out, the top performing posts for visualibility that appeared on the front page of google.
so this recruitment agency would be able to receive your steem (or other cryptos) give you a fair rate, convert that to fiat for the country you were in (perfect also for travelling digital nomads) and you were an employee of that company (you could also link workers with workers for discounted rates) they paid you once a day, week or month and handled all your tax.
this way you would have a job title, a public facing landing page for your job role, recent posts, recent projects, transparent information about your crypto investments and who your ‘account manager’ was with a direct instant message or phone number someone could dial to confirm your employment.
i realise this is a big project to build but i’m certain that it’s something that is needed in the crypto verse because lots of people are needing to ‘trade’ crypto for fiat for the country that they are in — i realise that not everyone see’s blogging as a job or needs a title but some people do.
what do you think would some kind of steem recruitment agency be useful to you if you could pay in your steem (or any other crypto) and have it converted to the going rate of fiat currency in the country you were working in at the time?
personally i’d jump at the chance to have an internet payroll system that can handle the conversion, pay me as an employee, handle any tax required and provide me with a public profile so that when i’m flying between countries i have a real time updating profile of my work.
i discuss it in the video today, i’d love to hear you feedback about it!
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