How has Crypto and Blockchain Technology Impacted your Personal Finance?

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(Edited)

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Let me begin my tale this way.

I remember vividly in the year 2018 when I was introduced to the blockchain (Steem) by my boss Uyobong, when he told me about the crypto world, it sounded all new to me because indeed that was my first time hearing about the technology. I did my introduction and off I went, did nothing maybe once after two weeks and I always struggled to write them.

That was the first time, I was hearing about any social media that paid people for their content. I wasn't much into it because I wasn't actually a writer. Although, most times, I wrote things, (my thought) but I never considered them being useful for publication.

it is indeed hard for me to cope with it not only because I couldn't come up with white up but because it was hard during that period to get a tangible upvote.

When I came to Steem in the year 2018, I never thought that one day, I was going to make it a full-time job, so I was never committed to it. I still went around my monthly business to earn my income.

The project seemed too legit, to be true so most times, I was afraid that if I put my mind to this, that one day it will crash and that was one of the reasons I never accepted it.

Actually, I was among the many people who doubted the advent of blockchain technology from the onset even though I got to know about them because I felt it was scam and decided to face my job which made me work tirelessly every day with no rest and not only did I have a less social life, it affected my health and did not pay me enough to take care of myself as a lady, and my family.

Everything changed when I lost my job partly because of the pandemic period (the covid-19). During that period, I would say, my world make scrambling because I was in so much debt and had so many responsibilities to take care of.

My mom was sick, my rent was due, the pandemic which was going to make everyone stay home, I would be needing money for feeding myself and my family, well, I needed to also and take care of myself as a lady, my toiletries and I had family issues to take care of as well which I will also be needing cash to settle all these financial problems.

I had no one to run to, the covid period had put so many companies on lockdown, and because of that, no company will be employing.

I went to my boss who initially introduced me to the system and told him all I was going through. He actually told me that it was a better opportunity to dive into the crypto world and involve myself since I have no one to run to who was going to settle my debt and carry the weight of these responsibilities considering the period we were in.

I guess it was during that period, the hard fork came in and Steem was split into two. So, I was opportune to work on both sites (Hive/Steem) but it was difficult because I had no gadget to help me. I had no option than to start going to his place every day since it wasn't far from my place so that I can be able to make content and publish it with much ease.

How Crypto and blockchain has impacted my finance

  • I became committed once again to the platform and in the first month, I did a power down and I was able to settle my bill (house rent) which was already past one month due.

  • After settling the bill, I had a lot of rest and after that, I bought a mini laptop that would enable my blogging easy and faster.

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One of the things that give me joy in the crypto world is that I can't go for more than one week without having cash on me. Even if I don't have today, I have an assurance that as long I am in the crypto world, there is always going to be a cash-in, in the next week and that is what keeps me going.

With the help of crypto and blockchain, during that period I was jobless, with the help of crypto and blockchain, my expenses and needs have been met. I have been able to foot some bills like light bills, I have been able to buy new clothes and shoes with it and much more.

I was introduced to the LEO world recently, and I felt at home on LEO Finance and started to post but not regularly because I really did not know what to post on it. Funny enough, a few days ago I was able to foot my medical bills using my LEO cash which makes me happier and glad because I have so much testimony to give to newbies in the crypto world.

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Funny enough, my mindset about finance and Crypto has completely changed that I now venture into so many blockchains like blurt and other tribe tokens for future purposes.

Although, the blockchain needs one to be futuristic about it because most times, the prices are always below and discouraging but with the ups and downs in the way, crypto helped me improve in my financial situation and pays more than any monthly salary based on my level of qualification.

Today, I am seeing crypto and blockchain as a futuristic investment

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10 comments
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It is nice that you are tapping the opportunity for your betterment and taking care of your family.
Just make sure to save and stack little (like 10%). It will become your passive source of income in future and something to bank upon hard times.

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Yeah, sure it is nice and Thank you so much for the advice. Saving is necessary so i am doing that.

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yes the saving money is important because maybe in the future the value are completely up than here imaigne hive at 0.10 if it in the middle term come to US$8.00, i know this is a big diference but we are happy that have form to be better quality of life.

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My earning on hive did a lot to sustain i and my family. It was a difficult time for most family and i am grateful i had something doing which the pandemic could not affect. I am glad you had a similar experience. So of us don't have the luxury of growing our stake exponentially but the little we earn here and there are very significant.

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You are right, the experience was a hard one but a good one since we were able to overcome it.
They are very significant.

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I was able to settle my bill (house rent) which was already past one month due. After settling the bill, I had a lot of rest and after that, I bought a mini laptop that would enable my blogging easy and faster.

I am so happy for you! It is amazing that with cryptos you managed to pay the bill and buy a laptop! Just keep in mind to always have something in here just in case the price go to moon! then you gonna have a nice extra income for any case!

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