When Mr Elon Musk said 'We need to pay the bills somehow!' and quoted a price of $20 for verification. Most people got fixated on the $20 verification charge that he mentioned for verification and the $ 8 per month the cost of keeping and using the blue tick next to your name.
How many of us noticed the hidden message in what Mr musk had to say ?
With all due respect Looks like the guy who has a net worth of USD 273.5 billion plus obviously has a right to feel that he has over spent or is short of money if you see the sense of stretch he shows.
Is this a search for an alternative source of income ?
So it seems and why else would he start offering those priceless coveted twitter blue tick pieces of twitter real estate at a rental price of $ 8 per month?
Would this help ?
Maybe it would be seen as a fad and people lap up the offer to see themselves at par with the celebs they follow.
That being said the blue tick may lose its exclusiveness, the current value and authenticity. There maybe a lot of scams run by people who acquire a blue tick. How are we going to stop them?
Even the celebs may see no value or exclusiveness left in the blue ticks of authenticity that twitter offers now and decide to stop using them or quit twitter which is a legacy web 2.0 platform for a modern decentralized blockchain driven web 3.0 platform like leofinance.io and Hive.
By starting to use leo threads which are the blockchain version of decentralized twitter they would have no fear of censorship no blocking or banning of accounts and each message they post would remain till eternity (life of blockchain).
Additionally they make could earn them a lot of crypto with each upvote they receive from fans who are likely to follow them.
Just a though to ponder upon.
Think of the common joe
If the rich and famous are facing the economic strain that paying bills can cause then think of the common folks ?
Would it be prudent for them to add to their monthly bills $ 8 towards the blue tick in their twitter accounts?
Perhaps not a good choice if you are trying to save money or even grow it a bit.
Do Leofinance.io and LPUD offers a better solution ?
Leofinance.io is a layer 2 community built over the decentralized hive blockchain.
In simple terms leofinance.io is a web 3.0 tokenized successful social media platform platform focusing on crypto , blockhain and financial content.
Every month on the 15th the community celebrates LPUD or the Leo Power Up day.
It is a day that the community members power up their accounts.
The highlight of the day is a lucky draw that entitles you to win one of the many delegations prizes.
The prizes are
Eight random users who participate and win in LPUD will get one of the next Leo Power delegations for 3 weeks:
10k from @investing-dude
5k from @edicted
5k from @leomarkettalk & @taskmaster4450
5k from @anomadsoul
5k from @bitcoinflood
3k from @lbi-token
3k from @steemstreems & @leogrowth (1k each)
2k from @whatsup & @scaredycatguide (1k each)
There would be three winners for this prize.
Also there is even a prize for the unlucky one
"If you participate in the Leo Power Up Day initiative for four consecutive months - July, August, September, October,November - and you don't win any prize on any of these editions, and you made a post about #LPUD each of those months, then you qualify for the Bad Luck Prize by @onealfa, where he will delegate 60,000 LEO tokens for three weeks to on lucky winner!"
So if you add a little more money to that $ 8 and power up your leo wallet with a minimum of 150 LP on that day you can put your username in the bowl for the draw.
How is powering up leo a good option ?
Powering up leo increasing your voting power. Whenever you up vote a post 50 % of your vote value comes back to you as curation reward.
So if you give $ 10 value in up vote $5 comes back to you as curation.
With voting your voting power goes down however it regenerates over a span of 24 hours so you can give out more votes and get back more curation. However it is important to vote up quality content to ensure good returns on your investment.
LPUD celebration helps you in more ways than one
You get a chance to win a big delegation prize and irrespective of if you win or not you can set up an additional stream of income from curation that sure helps to pay the bills.
In Conclusion
Does 'We need to pay the bills somehow!' if this bothers you one bit look for another productive meaing in the statement
This way you could set yourself for a side income for life and with a little trick turn it into a passive income stream as well.
Are you ready to take action and set up another stream of crypto income ?
Do let me know in the comments below how you are supporting yourself in the current tough economic times and are you working towards starting another stream of income ?
Disclaimer : No financial Advice. Please DYOR Do your own research before making an investment.
Posted Using LeoFinance Beta