With just an internet connection and these 10 steps, anyone can earn Bitcoin using the Blurt blockchain! Follow this private pathway to BTC ownership, without ever involving your bank account or other identification.
1.) If you don't already have one you want to use for this, create a new email account on a service like Protonmail:
2.) If you don't already have one you want to use for this, create a new Blurt account and earn with your content. See my post here for detailed instructions.
3.) If you don't already have one you want to use for this, create a new Hive account. See my post here for detailed instructions.
4.) Log in to your Blurt wallet using the "private active key" from step 2, click Transfer, and send any amount of BLURT to account "blurt-swap" with memo "SWAP.BLURT xxxxxx", where xxxxxx is your Blurt account name.
5.) Log in to Hive-Engine using your Hive keys from step 3. You may be required to add the password manager Hive KeyChain to your browser. Within minutes of completing step 4, the BLURT will appear in Hive-Engine, minus a 0.75% fee.
6.) Click the Transfer icon to enter the "SWAP.BLURT" market page. Trade some BLURT for HIVE.
7.) Click the Transfer icon to enter the "SWAP.BTC" market page. Trade some HIVE for BTC. You now own Bitcoin! When you have at least 0.01, proceed to step 8 to withdraw it to a private wallet.
8.) Download and install Atomic or another free low-barrier crypto wallet. Click "New Wallet", write down your 12 digit seed phrase, and keep it somewhere safe.
9.) From the list of available cryptos, select Bitcoin. From the Bitcoin page, click "Copy" to copy your Bitcoin receiving address to clipboard.
10.) On Hive-Engine, click "Withdraw". Select Bitcoin (BTC), enter an amount to withdraw, and paste (CTRL + V) your Bitcoin receiving address into the "Withdraw Address" field. Click the red Withdraw button to send the BTC to your private wallet, minus a 0.75% fee.
Done! You have now become your own bank. You have also created a permanent pathway through which you can earn, hold, and spend Bitcoin, and convert it to any other cryptocurrency! This is proof it can be done without ANY involvement with the default fiat system, without involving a bank account, without using a smart device, without identifying oneself, without spending out of pocket, and without any advanced equipment or training.
Note: As of September 20th 2022, this information is up to date. Fees, links, and procedures at any step along the pathway can change in the future. I will try to keep this post current, but it's up to you to ensure you approve of each step as you make it. Do not skip the steps of securing keys, passwords, and seed phrases, or you may lose control of your funds.
As far as I know, this is the only step-by-step guide of its kind. I've been trying to find such a pathway for many years, including with a project called @CryptoLunch, which I started back in the Hive days. Even with community involvement, we could not find a private and decentralized way to turn blog payouts into a meal! With this post, I have shown it's possible to generate Bitcoin (and just about any other crypto) in a private wallet, where it can theoretically be spent at any number of retailers, including those that deliver food. In other words, this pathway completes 80% of the Crypto Lunch mission.
In an upcoming post, I will detail how just about anyone with an internet connection can use crypto to not only privately earn funds, but also use them to put food on the table.
Ventures like this help show that blockchains like Blurt have important real-world uses, empowering people with alternatives to existing ways of earning, saving, and spending currency.
#letsgrowblurt
DRutter
That's really cool! But now how to get it from bitcoin to cash...for us unsmart people.
You can convert all your Bitcoin, Ethereum, Litecoin etc to Silver and Gold Maple Leafs on https://SilverGoldBull.ca
Bullion is a great way to store value outside the system (private savings). It makes a poor day-to-day currency in 2022, however. Both my rent and my groceries (the 2 largest costs in my life) are paid in fiat cash, so what I really need to be able to do, is turn crypto into cash. One potential pathway is to order bullion and sell it locally at a pawn shop, which was the original plan of @CryptoLunch. Of course, that introduces another "fee".... you are buying Maples at $35 each and selling them for $25 each. So you lose a good portion of your money during the conversion to liquid dollars, and there's a lot of steps involved, and time, and some risk, but it's doable.
Very true. Maybe there is a better way to buy silver with lower premiums.
The term "cash" refers to the centralized fiat world. To do that you will be required to register with a centralized exchange giving them your ID information and tax information. Then you can then exit with cash.
Disclaimer: This is not financial advice
Yes, cash... coloured plastic rectangles backed by nothing and created by the central bank. It's how I pay for all the food I put into my mouth (I do not have a bank account, credit cards, etc). So while cash (physical fiat) is not the best form of savings/currency available, it's still very important to many people. One way to get cash for crypto is to trade it directly. Give someone crypto, and receive cash. Before the internet, that's how EVERY transaction happened. Just because crypto is based on the internet doesn't mean that's the only way it can be traded. I'd gladly meet someone in public to do a crypto/cash transaction. Probably small at first until you get the hang of it and trust the person you're trading with. Kind of like private gold bullion sales, you just take precautions.
This is financial advice :P
I'm definitely going to try this. I'm in New York State though, and many API's are not supported here. At a glance of your method, I can't see where it would get hung up.
Cool, I'd be interested to hear your experiences when you've checked it out. I can make edits, and do another edition if need be.
Yeah, it's lunchtime! No noses were bitten off in the making of this lunch/dinner.
Awesome mate! I like the sound of Drutters Cryptolunch!!!! 👍
Thanks for the step by step procedure.
Turning blockchain posts into lunch is the goal of @CryptoLunch! This post has been reBlurted :))
This is very helpful to me. Thank you for the information. I appreciate it.
Re🤬eD
WeAreTheBanksNow# 🥓
Lets earn :-)
🎉 Congratulations 🎉