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Five Tips You Can Use to Become a Financial Survivalist

In an increasingly uncertain world, it’s wise to prepare for financial survival. Whether you’re concerned about economic collapse, inflation, or other financial emergencies, there are several steps you can take to safeguard your wealth and ensure your survival.

Here are five ideas for becoming a financial survivalist:

1. Invest in Gold and Silver

Gold and silver have been used as a form of currency for thousands of years, and they continue to be a popular investment for those concerned about financial survival. One of the reasons gold and silver are so valuable is that they are physical assets that can’t be created out of thin air like paper currency or digital assets. They are also a hedge against inflation, as their value tends to rise as the value of paper currency falls.

There are several ways to invest in gold and silver, including buying physical coins or bars, investing in exchange-traded funds (ETFs) that track the price of gold or silver, or investing in mining companies that extract precious metals from the ground. Keep in mind that the price of gold and silver can be volatile, so it’s important to do your research and understand the risks before investing.

2. Consider Bitcoin and Other Cryptocurrencies

Bitcoin and other cryptocurrencies are digital assets that are decentralized, meaning they are not controlled by any government or financial institution. They offer several advantages over traditional currency, including lower transaction fees, faster transaction times, and greater privacy.

One of the reasons bitcoin and other cryptocurrencies are popular with financial survivalists is that they are not tied to the traditional banking system, which can be vulnerable to economic instability or government intervention. However, it’s important to note that the value of cryptocurrencies can be highly volatile, so it’s important to invest only what you can afford to lose.

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3. Keep Some Cash on Hand

While gold, silver, and cryptocurrencies offer advantages over paper currency, it’s still important to keep some cash on hand for emergencies. In the event of a natural disaster, power outage, or other emergency, ATMs and credit card machines may not be available, making it difficult to access your funds.

Keeping some cash on hand can also be useful in the event of a bank run or other financial crisis. However, it’s important to keep the cash in a secure location, such as a fireproof safe, and to rotate it regularly to avoid deterioration or damage.

4. Learn to Live Frugally

One of the best ways to ensure financial survival is to learn to live frugally. This means living within your means, avoiding debt, and finding ways to save money on everyday expenses.

There are many ways to live frugally, such as shopping for bargains, cooking at home instead of eating out, and cutting back on unnecessary expenses like cable TV or expensive hobbies. By living frugally, you can build up a financial cushion that can help you weather financial emergencies and avoid being caught in a cycle of debt.

5. Invest in Self-Sufficiency

Finally, investing in self-sufficiency can be a valuable tool for financial survival. This means learning skills like gardening, canning, and food preservation, as well as basic DIY skills like carpentry and plumbing.

By investing in self-sufficiency, you can reduce your dependence on outside sources for food, water, and other essentials. This can be especially valuable in the event of a natural disaster or other emergency that disrupts supply chains and makes it difficult to access basic necessities.

In conclusion, becoming a financial survivalist requires a combination of investment in tangible assets like gold and silver, digital assets like bitcoin and other cryptocurrencies, and cash, as well as learning to live frugally and investing in self-sufficiency. By taking these steps, you can increase your chances of surviving and thriving in an uncertain financial future.

DISCLAIMER: THIS IS NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

ChatGPT Tackles the World of NFTs and We Rate Their Writing

After the success of our blog post from three weeks ago — here’s a link: ChatGPT Isn’t Taking Your Job — we thought we’d experiment with the tool once again, but this time with the goal of kickstarting our own NFT collection.

So yeah, it’s self-serving as heck. (AND we’ll give you a couple disclaimers: do your own research. Don’t invest more than you can afford to lose. Also, since we created the art here at Metacoin HQ, of course we profit from any sales of the art. That’s capitalism for ya.)

But, as with everything these days, these NFTs are an experiment. Crypto is an experiment. ChatGPT is an experiment. And we put all these experiments together, and watch as it tackles the world of NFTs. How do we rate their writing? Read on…

First, the Background

The collection we asked about was the third we launched on OpenSea, which, to date, has been the leader in the NFT universe. While there have been a few competitors, OpenSea seems to be the leade rin the clubhouse.

Our collection is called “Collezione22” and the 176 pieces were created by us. (More accurately, me. At my computer.) Launched (of course) in 2022, only a few have sold — reminding me of a really off-color and rather sacrilegious Bible-related article from The Onion that I refuse to link to because reasons — so I thought “why not ask ChatGPT to create a post so I can sell more of these [expletive] NFTs?”

So I Went to ChatGPT and Asked…

“Write a 1000 word blog post as a potential investor in NFT art pieces, such as the ones at https://opensea.io/collection/collezione22 and compare their value to those that are focused on pfp or profile photos like cryptopunks and bored apes.”

Before I share the post in its entirety, a caveat: I went in and added links on any of the text where a link is appropriate. ChatGPT isn’t really great at that these days. It will get better and SEO professionals will need to ask what to do next.

Here, then, is the post:

As the world continues to embrace digitalization, the art industry is not left behind. The advent of Non-Fungible Tokens (NFTs) has revolutionized the way art is created, sold, and collected. NFTs provide a unique opportunity for artists to create digital art that is unique and exclusive to the buyer. As an investor, NFTs have caught my attention, and I am particularly interested in art pieces such as the ones found in the collezione22 collection on OpenSea. In this blog post, I will explain why I think investing in NFT art pieces is a wise decision and compare their value to those focused on PFP or profile photos like Cryptopunks and Bored Apes.

Firstly, NFTs provide a unique way to invest in art. Unlike traditional art pieces, NFTs are digital assets that exist on a blockchain. This means that they are unique and cannot be replicated or duplicated. When you buy an NFT, you own the original piece, and you can prove ownership using the blockchain. This is a significant advantage compared to traditional art pieces, which can be easily replicated, and it can be challenging to prove ownership.

NFTs also have a significant advantage in terms of liquidity. Unlike traditional art pieces, which may take time to sell, NFTs can be sold instantly on various online platforms such as OpenSea, Rarible, and Nifty Gateway. This means that if you need to cash out your investment quickly, you can do so easily without having to wait for a buyer.

Another advantage of investing in NFTs is the potential for high returns on investment. In recent months, we have seen some NFTs sell for millions of dollars. For example, the Beeple NFT sold for a record-breaking $69 million at Christie’s auction house. Although not all NFTs sell for millions, some can still provide significant returns on investment. The value of NFTs is driven by various factors, such as the rarity, the artist behind it, and the demand for the piece.

When it comes to NFT art pieces, the collezione22 collection on OpenSea is an excellent place to start. This collection features various digital art pieces from different artists, each with a unique style and theme. The art pieces in this collection range from abstract to realistic, and they are all visually appealing. This collection also provides an opportunity to invest in emerging artists who may become well-known in the future.

While NFT art pieces are an excellent investment opportunity, they are not the only type of NFTs available. Profile photos or PFPs have also become popular in the NFT world. PFPs are digital images that serve as a user’s profile picture on social media platforms. Some examples of PFPs that have gained significant popularity include Cryptopunks and Bored Apes.

Cryptopunks were one of the first NFT projects to gain significant attention. They feature 10,000 unique 8-bit characters that were randomly generated and sold for a fraction of an ether in 2017. Since then, their value has skyrocketed, with some selling for millions of dollars. Bored Apes, on the other hand, feature 10,000 unique digital apes that come with various accessories such as hats, glasses, and jewelry. Bored Apes have also gained significant popularity, with some selling for over $1 million.

While PFPs have gained significant attention, they have a few disadvantages compared to NFT art pieces. Firstly, PFPs lack the uniqueness and exclusivity that NFT art pieces provide. While each PFP may be unique, they do not provide the same level of creativity and originality that NFT art pieces offer. Secondly, PFPs may not have the

Wait, What?

Time to grade this piece. All 594 words of it.

Accuracy: B+

That was actually a pretty good piece in the grand scheme, as it talks about a few of the likely suspects — e.g. OpenSea, Nifty Gateway, Rarible — and whether it makes sense to invest in PFPs (where each is a different character) or artistic NFTs (such as the ones we created) that aren’t unique characters.

It falls short of an “A” rating, though, because it really doesn’t accurately talk about the collection I have on OpenSea. They’re all mine. I guess if someone reached out and said “I have some art!” then we’d talk.

Prose: C

It’s well-written but not too much better than what I could create myself. If I had the time.

So if “average” writing is your thing, then…that’s fine.

Following the Instructions: D-

I asked for 1000 words. I got 594. But this is passable writing, so I can’t give it an “F” grade.

Overall Grade: C

However, let’s think about this holistically. I went to a FREE website and typed in a question and got a response. And it’s good enough to put on the blog. And it might put *some* writers out of business.

But…didn’t you say that ChatGPT isn’t taking my job? What’s a writer to do?

Read My Last Post on the Topic…

Above is image #165 in the series. Art is subjective: you may find that to be a cool image, you may think it’s kinda just there. In the case of ChatGPT, it appears it didn’t think about the image at all.

The next image is #164, the original piece upon which #165 is based. 165 was created by digitally manipulating the original just enough so that it’s different, but still follows the same general color scheme and uses the original flow.

There’s very little room for nuance on ChatGPT, it appears. It does a casual glance based on the text it can find, but you’re not going to get a critique of the artwork.

So where does that leave us?

As we told you before, Google allowed us to outsource our thinking in some respects, and ChatGPT is doing the same. Does that free you up to create? Does it free you up to do a deeper dive on a subject that just cannot be explained by the chatbots?

Yeah, that’s what we think.

ChatGPT Isn’t Taking Your Job

When it all started, the “OMG You Should Try Out This ChatGPT Thing!” craze, I thought I’d give it a whirl.

(I Have A Question…)

…ChatGPT, of course, had an answer. Here it is:

It is difficult to predict with certainty which specific cryptocurrencies will survive or fail in the future. The success or failure of a cryptocurrency can depend on a wide range of factors, including its technology, adoption, market conditions, and competition.

Bitcoin and Ethereum are two of the largest and most well-established cryptocurrencies, and they have both achieved a significant level of adoption and have strong networks of users and developers. This can make them more resilient to changes in the market and give them a competitive advantage over smaller or less established cryptocurrencies.

However, it is important to note that the cryptocurrency market is highly volatile and unpredictable, and it is possible for any cryptocurrency, including Bitcoin and Ethereum, to experience fluctuations in value or to fail. It is also possible for new cryptocurrencies to emerge and gain significant adoption, potentially competing with or even surpassing existing ones.

Ultimately, it is impossible to accurately predict the future of the cryptocurrency market, and it is important for investors to carefully consider the risks and potential outcomes before making any investment decisions.

That Wasn’t Too Bad…

Nuance — in the form of online discussions at least, and maybe with respect to political discourse as well — died recently. It ain’t coming back online, and it certainly won’t come back if it’s reliant on machine-learning, algorithms, and AI-led back-and-forths about topics that used to be parlor discussions. (Yes, Bitcoin and Ethereum were parlor discussions back in the olden days.)

It’s time to figure out why ChatGPT isn’t taking your job. It’s…complicated. But simple.

There might only be two approaches to content these days, anyway: either you have a 30-second TikTok piece that goes viral, or you spend 3 hours talking to Joe Rogan and it gets 5 million views. Quick hits, or nuanced explanations. Which brings us to our second experiment.

(Here’s ChatGPT’s Response, Round Two…)

Cryptocurrency is a complex and fascinating topic, one that requires a deep understanding of both human psychology and the mechanics of finance. As with so many things in life, it is a subject that is both rooted in tradition and destined to shape the future.

From a psychological perspective, cryptocurrency can be understood as a manifestation of our innate desire for freedom and independence. It represents a rejection of centralized systems of power and control, and instead offers a decentralized alternative that is based on trust, transparency, and accountability.

At its core, cryptocurrency is a form of digital currency that is built on blockchain technology. This technology allows for secure and transparent transactions, as well as the creation of new units of currency through the process of “mining”. Unlike traditional currency, which is controlled by governments and financial institutions, cryptocurrency operates independently and without interference.

However, it is important to recognize that the use of cryptocurrency is still in its infancy and that it is not without its risks. Just as the traditional financial system is prone to instability and corruption, the world of cryptocurrency is also vulnerable to fraud and manipulation.

Ultimately, the rise of cryptocurrency represents a profound shift in the way we think about money and financial systems. It is a subject that requires careful consideration and a deep understanding of both its potential benefits and its potential drawbacks.

In the words of Jordan Peterson, “The only way to truly understand the world is to understand the underlying patterns that give rise to it.” The same is true for cryptocurrency. To truly grasp its significance, one must delve into its history, its technical workings, and its psychological underpinnings. Only then can we begin to understand the full scope of its impact on our lives and our world.

And This Is Related to Crypto…How?

In our quest to automate everything — do you really need a “smart fridge?” — we’re quick to both automate and delegate the ability to think. That part of your brain that can remember the call-in number for the radio station hotline where you tried to win money back in the day — 234-7533, in case you’re curious; 674-8851 if you’re outside of St. Joe County — can now focus on other things thanks to your “smart phone.” (Which you *do* need.) So your brain is free to explore. Your keyboard is still yours.

Some thoughts, then…

Don’t Be Afraid of Thinking This Through

I haven’t arrived at any of the hundreds of blog posts on this site by heading over to some blog post generation engine and asking what I should write about. And, dare I say it out loud, there are some folks I’ve outsourced some content creation to haven’t been able to provide enough of a nuanced discussion to touch a nerve with readers. (Others? Yeah, some of the work from my pal Anthony were darn good.)

You live and learn, and you continue to think your way through how all of this might play out.

Or might not.

The Power of Narrative

In an article for the site Ordinary Times, I gave a sneak peek at the book I’ve been working on (for too long, it seems) called “Own The Narrative.” The concept: most really good narratives do tend to follow a few rules — and we’re not talking about conflict, rising action, resolution stuff — and if you can see around blind corners and figure out what those rules are and how they apply to your situation, you can use those rules to your advantage.

One of those 8 rules (50 percent fewer than Jordan Peterson’s 12) is to “Identify a Boogeyman.” Automation can be your friend but, in this case, automating the content marketing necessary to tell the story about the nuances of crypto…that’s an enemy. A villain. The Boogeyman.

If It Smells Like A Scam

One wonders if ChatGPT had been employed at all to sniff out FTX. I mean, it looked like a scam, it sounded like a scam. But, if all you’re looking for is some cheap content to ratchet up your brand’s profile, you’re likely to go after keywords and throw in a few affiliate links for good measure. (This blog: guilty as charged on using affiliate links, but not guilty of pumping FTX.)

So Why Won’t ChatGPT Take My Job?

Simple. You think, you read, you explore. You’re willing to seek out more information about whatever subject you’re interested in. You enjoy nuance. You’re not afraid of doing your own research.

And you continue to sharpen your own thinking, and your own writing. Right?

Your voice is…YOUR voice. Not anyone else’s. Don’t outsource your voice to a computer.