It is of course not as it used to be before when the talk of cryptocurrencies or the Blockchain network was a myth and everyone including me, wanted nothing to do with it, because it felt like a Ponzi scheme or the subject of cryptocurrency was just too complex and incomprehensible to understand.
How can they say money is invisible and decentralized and it can hardly be tracked and it can only be available online and has the same purchasing power as the fait we have grown accustomed to from birth; this was my thoughts until now having known better and understand to the point where I can say that in this world currently, the cryptocurrencies exchanges and the decentralized network use a 'play to earn model' which is different from the 'move to earn model' that apps offering same prices and rewards in tokens like Sweatcoin among others use.
This is the business strategy for most emerging and upgrading technology companies that have been created sinçe and before the bloom, acceptance, regulation and advancement in cryptocurrency and its investment.
Which model has been more beneficial to you, when you think of investing time and resources to earn a passive income?
Can the 'move to earn model' offered by a company like Sweatcoin, of whom are willing to pay tokens to users who have either sweated using the app while running or swimming, be a micro or macro solution to economic problems, if adopted on a large scale?
Or would this 'move to earn model' just follow its hype and fade into existence leaving cryptocurrencies to be the only better innovation that is much more helpful to the economy?
Your thoughts are welcomed!
As anyone else says, this is a minor side hustle at best and chasing scraps at worst - neither is particularly appealing when you've got a much larger source of income like a salary. Sometimes these new coins prove profitable if you get in and out at the right points in time, but it's much like winning the lottery. Make money while working out is simply a gimmick that will not last and has no basis. If you cannot see how you are earning money, then it's because you are the product and giving up your personal information - but these trash promotions aren't even focused around that, they are just trying to build a user base of people who might able to sell some worthless cryptocurrency on to another user before it implodes.