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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Terrific post. Helping others with the surplus is vital.