Here's what 1 BCH can do in my country.

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Avatar for alberdioni8406
4 years ago

We live in a world of many countries, cultures, habits, spreaded in 5 continents across the globe. Some of this people have born and live on societies where $293 (actual 1 bCH price asset) can be afforded by many but same time that amount of cash can't supply them with all the needs they want. The costs of living on those countries or societies are very expensive but with the all Crypto thing, they can manage to purchase as much they can to live like a millionaire in few years.

But, that isn't all roses for many countries around the world.

I can consider the first case I mentioned above of people living in countries with a good internal bulk product revenue, with grant them a median lifestyle where few things like clothes, food and some entertainment can be afforded with their monthly money salary, but they can't have for example an Opportunity to Hold a Land, be able to build own houses like in societies of low rent status, fun that in this countries and societies there are land available, with plenty of cheap house materials but with a huge problem of money.

Let's dig more on this!

When I started online back in 2005 I was just playing around to found something to pass my time on, but with time and experience in online surfing I could join some great programs and use the amount earned to buy my own things. I was a kid when I discovered the marvelous world of internet, and that time each program I joined paid me directly to PayPal account.

Years later I discovered the wonderful world of Cryptocurrency, when I fell in love with it and since then I make my lifestyle mostly from various business online all of them paying thru Crypto, no more hustling with centralised services like PayPal who have some large fees to have my money transfered to my local Bank or directly to my card.

Cryptocurrency, special the Bitcoin Cash have a big pose on my portfolio from my total gains in decentralized assets, and to my society it's pretty cool to earn using this kind of assets, which could be used to change or upgrade an African young lifestyle. You see, in my country the average monthly income range from $53 to $217 in popular jobs, meaning that 1 BCH can pay a lot of things!

So what I can afford to purchase with $293= 1 BCH in my country.

Well, i hope you can get feedback about what you can afford on your own countries with $293= 1 BCH monthly income but I will give you a small clue what in mine I can do with it!

Let's start:

  • I usually spend less than $50= 3500,00 MZN, to buy all my grocery immediate needs (at least it's what my wife says), from rice, oil, sugar, beans and many other staff that all the African homes need, and also pay for TV subscription services, internet all of that with $30=2100,00 or less, water and electric bill, $27=1800,00. I can put on top of it some chill off with friends, this usual it's a fixed amount to spend and only one time per month $20=1400,00 and trust me that amount can pay a Box of Heineken (24 small wonderful beers), so until now I have spent $131 and I still hold $162 on hands.

  • $50 I usually invest in more assets, month after month, other $50 into my kids scholarship with gives me a positive $62 in fund that I use to secure my daily expenses and you noticed that I didn't mention the gas fuel to my car, yep I don't own any at the time, the one I had I sold and I use bus and train to travel from a place to place, it saves me more money that ever.

Other thing that I can afford with 1 BCH in my society is to purchase a lot of building material, and if I grab 10 BCH my project of new home can be on the end.

Well, that can happens on my country but also believe that in many other countries $293 can be very good in others not much but the thing is, the asset have value, but each society is different also expenses aren't the same.

So, what you can afford to buy with 1 BCH in your location?!

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4 years ago

Comments

Terrific post. Helping others with the surplus is vital.

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4 years ago

Glad you loves it I believe each one of us have some marvelous experience with assets, and each one can testimony they own experiment with holding BCH and what that means in life to them!

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4 years ago

I live in a community where we all need to go tor a long distance to fetch water and as a result people tend to manage or quarrel over the available means (river) and few individuals have the wells or bore holes. 1 BCH could go a long way to making a well or setting up a n easier means of access to water (bore hole)

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4 years ago

That is expressive and I am glad that you commented here, many people believes that 1 BCH isn't nothing but that amount can surely change a life for a person in many countries around the world, glad you passed by👍

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4 years ago

Great post 👍

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4 years ago

Thanks for that I really appreciate it very well👌thanks for passing by!

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4 years ago

I can start a small business if i earn 1BCH monthly and can sustain my allowance😊

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4 years ago

That is awesome🙌when in some places 1 BCH isn't a lot there are places where it have a really good weight and once you have many things can change!

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4 years ago

Thanks

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4 years ago

Bitcoin Cash BCH being sound money can level the playing field. Money will be worth the same all over the world.

But you can not just look on the value and have everybody in the west paying for you. You must create your own value, save your own money, and build the productive capital.

With fiat money, and specially the USD, value is sucked out of remote places and moved over to the west. This will end.

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4 years ago

Something that I like about the BCH ecosystem is the sensation that I own my "asset" I am my bank, the value in USD isn't that important it just give value estimate in fiat, the thing is that more usecase can be build by users like exchanging goods, using to pay bills, giving back to charity, getting more people involved with to spread the good news about the ecosystem... Besides being P2P cash is Freedom!

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4 years ago