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New Freelancing Platform Supports 12 Different Cryptocurrencies

New freelancing platform supports 12 different cryptocurrencies

New Freelancing Platform Supports 12 Different Cryptocurrencies

New freelancing platform supports 12 different cryptocurrencies

There’s a new freelancing platform called Freelance for Coins that provides users with the ability to publish offers and bids for cryptocurrencies. In order to help facilitate deals between users, the service not only allows people to publish their bids and offers, but also provides them with a messenger for chatting. It also enables crypto invoices for coins like BTC, BCH, ETH, XMR, and a few stablecoins.

Also read: Crypto Exchange Circle Partners With Financial Surveillance Provider Nice Actimize

Freelance for Coins Offers a Free Service for Professionals Interested in Crypto Payments

Cryptocurrencies are a great way for freelancers to get paid online because people can get paid immediately, there are no chargebacks, and the funds can be sent in a permissionless manner. A new service called Freelance for Coins aims to promote the use of digital assets and freelance work by enabling users to place offers and bids for freelance services. The platform has been operating for about a week now.

New freelancing platform supports 12 different cryptocurrencies
Posting a project on Freelance for Coins.

“I am proud to introduce you to our new project,” explained the founder of Freelance for Coins during the launch. “All freelance work for cryptocurrencies — Currently there are no platform fees — Guaranteed payment for freelancers.”

The founder added:

Freelance for Coins aims to help solve problems skilled workers face in order to create a more efficient global job market, reducing the friction experienced in the present-day freelancing process.

New freelancing platform supports 12 different cryptocurrencies
Offer list has services like writing, website creation, social media marketing, web scraping services, and translations.

Invoices for 12 Cryptocurrencies

Signing up for the service is intuitive and only requires an email address and password. At the moment there are a bunch of offers from freelancers on the main feed offering services for things like Python development, writing, website creation, social media marketing, web scraping services, and translations. Offers show a description of the service offered and a starting price. Below the description, there is a “buy this offer” button which leads to a message area where users can conduct a deal in a peer-to-peer fashion. After the two parties reach an agreed price, an invoice can be created in the message center for cryptocurrencies BTC, TUSD, ETH, BCH, EOS, LTC, USDC, USDT, XLM, TRX, DASH, and XMR.

New freelancing platform supports 12 different cryptocurrencies
Freelance for Coins messaging.

Freelance for Coins also has a roadmap, and during its first week, the developer integrated the following features: the ability to publish and edit projects, bidding for projects, bidding for offers, chat services for offers and bids, and crypto invoices. The project’s founder also plans to add a rating and review system, anonymous feedback, social profile integration (Linkedin, Github, Reddit, etc.), and automatic detection of transactions.

New freelancing platform supports 12 different cryptocurrencies
Freelance for Coins provides invoicing for 12 cryptocurrencies.

Despite the Bear Market, Freelancers Are Offering Services for Crypto

“We believe that every freelancer in the future will have had at least one project done for crypto and every year cryptocurrency adoption grows with no stopping in sight,” explains a Freelance for Coins blog post. “We plan to take it slowly and attract users and earn their trust over time, adding new features and making this site more and more usable every day.”

For now, the service is free but the Freelance for Coins roadmap says that it may add an escrow service for 1-2% commission but the startup recommends using pre-payment and milestone payments for now. This week the platform’s developer also added categories for offers so people can filter for kinds of services they are looking for. The founder of the freelance application updated the community on Feb. 27 and the service has managed to capture a slew of freelancers.

“Despite the bear market in crypto, many people are very willing to offer their services for crypto,” the founder detailed.

What do you think about the Freelance for Coins platform? Let us know what you think about this subject in the comments section below.

Disclaimer: Readers should do their own due diligence before taking any actions related to the mentioned companies or any of its affiliates or services. OhioBitcoin.com and the author are not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Neither OhioBitcoin.com nor the author is responsible for any losses, mistakes, skipped steps or security measures not taken, as the ultimate decision-making process to do any of these things is solely the reader’s responsibility. This editorial is for informational purposes only.


Image credits: Shutterstock, Freelance for Coins, and Jamie Redman.


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Tags in this story
BCH, Bids, bitcoin cash, Bitcoin Core, BTC, Cryptocurrencies, Digital Assets, ETH, Freelance for Coins, Freelance Jobs, freelance work, Freelancers, jobs, N-Featured, Offers, projects, Stablecoins, xmr

New freelancing platform supports 12 different cryptocurrencies
Jamie Redman

Jamie Redman is a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for bitcoin, open source code, and decentralized applications. Redman has written thousands of articles for news.bitcoin.com about the disruptive protocols emerging today.

Published at Thu, 28 Feb 2019 20:40:37 +0000

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Morgan Stanley Analyst: True Price of Bitcoin Could Be Zero

In a recent report sent out to clients, Morgan Stanley analyst James Faucette cautioned that the “true” value of bitcoin might actually be zero.


Zero. Zip. Nada.

The report, titled bitcoin Decrypted, discussed the difficulty in ascribing value to the digital currency, noting that it behaves like neither a currency nor a store-of-value commodity like gold, silver, etc… Examining several key factors, Faucette points out:

  • bitcoin can’t be valued as a currency because it has no associated interest rate;
  • It may be likened to digital gold but, unlike gold itself, which is used in electronics, jewelry, etc.., bitcoin has no inherent use*;
  • While it is technically a payment network, bitcoin is difficult to scale and charges no transaction fee*;
  • bitcoin’s average daily trade volume over the last 30 days is only $3 billion* compared to $5.4 trillion in the FX market;
  • The estimated daily purchase volume for bitcoin is less than $300 million compared to Visa’s $17 billion

Bitcoin acceptance among Top 500 eCommerce Retailers

All of these facts, according to Faucette, underscore the fact that the digital currency has “virtually no acceptance, and shrinking.” In fact, he provides a handy chart (above) to illustrate his statement. Because of this, he maintains that “If nobody accepts the technology for payment then the value would be 0.”

Hold On There, Speed…

I hate to burst your bubble, Mr. Faucette, but some of your facts are…shall we say…less than factual. Mind you, I am no financial analyst, but then you don’t need to be to pick out these errors.

FACT 1bitcoin has no inherent use

This one is a little tricky to refute, but I’ll give it a go. Playing devil’s advocate, let’s say that bitcoin as a cryptocurrency has no inherent use. It’s underlying architecture, the blockchain, has a wide range of applications. I know…”But blockchain and bitcoin are two separate things…” True, but without the blockchain, we wouldn’t have bitcoin to begin with, so one could conceivably argue that – in this instance – they are two sides of the same coin.

bitcoin has other uses too – especially in a socioeconomic sense. Consider the current economic conditions in Venezuela and Zimbabwe. These people have been utterly failed by their respective governments. Inflation is through the roof, their native currency has about as much value as one-ply toilet paper, and people – families – are starving. So where are they turning? bitcoin. People are mining bitcoin and other cryptocurrencies so that they can survive. That’s pretty useful if you ask me.

Starving Venezuelans Turn to Bitcoin Mining in Desperation

FACT 2bitcoin charges no transaction fee

Um…hello? There is absolutely a transaction fee, and right now, we’re paying it out the wazoo. It’s part of those “scalability issues” you mention in your research report. Now, if by transaction fee, you mean a centralized service provider collecting a fee that goes into its own coffers, then I guess maybe you’re technically correct, but you’ve still missed the point. Kind of like tech support at a software company whose name will not be mentioned here.

FACT 3bitcoin’s average trade volume over the last 30 days is only $3 billion

What rock have you been living under? Go look at the historical data for the last 30 days on CoinMarketCap. It’s okay. I’ll wait. Second column from the right. The one labeled Volume. If you take the average of all 30 days, as of this writing, it works out to $11.8 billion – just a wee bit more than your $3 billion estimate.

Bitcoin average 24hr trade volume

I respect your experience and your financial acumen, Mr. Faucette, and it even looks like we both believe in the same old adage, “Forewarned is forearmed,” but if you’re arming your clients with inaccurate information, what purpose does it serve?

What do you think of Faucette’s claims? Could the true value of bitcoin actually be zero or is this just more wharrgarbl? Let us know in the comments below.


Images courtesy of Morgan Stanley, Reuters

The post Morgan Stanley Analyst: True Price of Bitcoin Could Be Zero appeared first on Bitcoinist.com.

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