When I was a kid there were vending machines for cigarettes.
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And smoking was allowed in restaurants.
I am not sure you can call them the “good o’le days”.
When I got older I found out that they used to have something called Camel Cash “C-Notes” which were attached to packages of Camel-brand filtered cigarettes. These certificates were redeemable by consumers for various items of merchandise listed in catalogs.
All I ever collected were Kool-Aid points.
But these “alternative fact” forms of currency made me think about cryptocurrency and its place in the world of finance.
The other day while walking into the grocery store with my wife, I pointed over at a branch of a major bank.
“The reason no one robs banks anymore,” I began, “is that there is no longer any money in there.”
She knows I always make statements such as these and wasn’t surprised.
“The thing is,” I continued, “is that it is all computerized and there is not any money to steal inside a bank branch.”
Well, technically there might be some money, but it is not the bulk of it.
And not enough to make the percent chance of getting caught worth the risk.
“You’d have to be able to hack it on the computer.”
That’s creating cash in just a click.
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That must be what Blackstone CEO billionaire Stephen Schwarzman is able to do.
Why not spend over $10 million in one night if you can have it all back by morning?
But don’t be confused.
I’m not envious.
Mostly curious why someone would use that much money in such a way.
Was there someone he was trying to impress?
Was there a deal he was trying to close?
As James Altucher often says, “There’s always a good reason and a real reason.”
I think the having a birthday party is a good reason, but what is the real reason?
And speaking of James and money and it not being inside of banks….
Usually people use money as an excuse.
James provides this helpful Cheat Sheet For Dealing With Excuses and says this about money:
“I didn’t have any money so couldn’t start a business. And even if I started one, I didn’t have an office, or clients, and I was too shy to cold-call clients. I didn’t have connections or rich parents or anything for that matter.
I didn’t have talent. I just got lucky. Nobody will hire me. I don’t have the right equipment. I couldn’t write a book because I had no publisher. I couldn’t do stand-up because I was afraid people would heckle me. I’m afraid to write a blog post often because what would people think?
All of my excuses turned out to be blessings in disguise. There’s always a gap between “what I have now” and “what I would like.”
The gap is all of your excuses. All it takes to close the gap is to be creative and work your way through the excuses. I repeat: this is ALL IT TAKES.
Your excuses are simply the roadmap that takes you from “here” to “there”. Good luck on your travels.” Source
With that in mind, when I think how I can create money and put aside excuses, I think about what I want to do and how I want to do it.
The possibilities are endless.
But the potential I like the most is here.
On steemit.
What are you doing to make money online and how is that working out for you?
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