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El Salvador Offers Passport for $1 Million in Bitcoin

El Salvador, the first country to adopt Bitcoin as legal tender, has announced a new initiative called “Adopting El Salvador Freedom.” In partnership with stablecoin company Tether, the government is offering foreigners the opportunity to acquire a Salvadoran passport in exchange for paying $1 million in Bitcoin. However, the move has been met with controversy and slow adoption among citizens, who have preferred to stick with cash rather than embrace the cryptocurrency.

The decision to adopt Bitcoin as legal tender was made in 2021, and businesses were mandated to accept it as a form of payment. The country also introduced a digital wallet called “Chivo” and offered citizens a $30 sign-up bonus in Bitcoin to encourage participation. Despite these incentives, the majority of citizens still prefer using cash. President Nayib Bukele’s decision to invest millions of federal funds in Bitcoin backfired, as the cryptocurrency’s price fell significantly from its all-time high in November 2021.

While El Salvador’s Bitcoin adoption faced criticism and skepticism internally, it became popular with international Bitcoin enthusiasts. The country’s commitment to cryptocurrency attracted tourists, including influential figures in the Bitcoin community. The decrease in crime rates, caused by Bukele’s controversial policy of incarcerating alleged gang members, further encouraged supporters of Bitcoin to visit El Salvador.

El Salvador’s new initiative, announced on Thursday, marks a new phase in the country’s commitment to Bitcoin. President Bukele claims that his Bitcoin investment has turned profitable due to a recent price rally. The partnership with Tether, an affiliated company of Bitfinex, appears to be a long-standing collaboration. Tether, the world’s leading stablecoin, has faced criticism for its lack of transparency and offshore jurisdiction. The new visa program seeks “visionary individuals” and high-net-worth investors, who are required to make a one-time payment of $1 million in Bitcoin to obtain a Salvadoran passport.

Read the original article on Fortune.com

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30 ways to make real; money from home

Making money online from the comfort of your home has become increasingly accessible with the growth of the internet and digital technologies. In 2023, there are numerous realistic ways to earn money online. Here are 30 ideas to get you started:

1. Freelance Writing: Offer your writing skills on platforms like Upwork or Freelancer to create blog posts, articles, or website content.

2. Content Creation: Start a YouTube channel, podcast, or blog to share your expertise or passion and monetize through ads, sponsorships, and affiliate marketing.

3. Online Surveys and Market Research: Participate in online surveys and market research studies with platforms like Swagbucks or Survey Junkie.

4. Remote Customer Service: Work as a remote customer service representative for companies like Amazon or Apple.

5. Online Tutoring: Teach subjects you're knowledgeable in on platforms like VIPKid or Chegg Tutors.

6. E-commerce: Start an online store using platforms like Shopify, Etsy, or eBay to sell products.

7. Affiliate Marketing: Promote products or services on your blog or social media and earn commissions for sales made through your referral links.

8. Online Courses: Create and sell online courses on platforms like Udemy or Teachable.

9. Remote Data Entry: Find remote data entry jobs on websites like Clickworker or Remote.co.

10. Virtual Assistance: Offer administrative support services to businesses as a virtual assistant.

11. Graphic Design: Use your graphic design skills to create logos, graphics, or websites for clients on platforms like Fiverr.

12. Stock Photography: Sell your photos on stock photography websites like Shutterstock or Adobe Stock.

13. App Development: Develop and sell mobile apps or offer app development services.

14. Social Media Management: Manage social media accounts for businesses looking to enhance their online presence.

15. Dropshipping: Start an e-commerce business without holding inventory by dropshipping products.

16. Online Consultations: Offer consulting services in your area of expertise through video calls.

17. Online Surplus Sales: Sell unused items or collectibles on platforms like eBay or Facebook Marketplace.

18. Online Fitness Coaching: Become an online fitness coach and offer workout plans and guidance.

19. Virtual Events: Host webinars, workshops, or conferences on topics you're knowledgeable about.

20. Podcast Production: Offer podcast editing, production, or consulting services.

21. Remote Transcription: Transcribe audio and video files for clients.

22. Online Translation: Offer translation services if you're proficient in multiple languages.

23. Affiliate Blogging: Create a niche blog with affiliate marketing as the primary revenue source.

24. Online Art Sales: Sell your artwork, crafts, or digital art on platforms like Etsy or Redbubble.

25. Remote Bookkeeping: Offer bookkeeping services for small businesses from home.

26. Digital Marketing: Provide digital marketing services like SEO, PPC, or social media management.

27. Online Gaming: Stream your gaming sessions on platforms like Twitch and monetize through ads and donations.

28. Virtual Assistant Coaching: If you have experience as a VA, offer coaching services to aspiring virtual assistants.

29. Online Research: Conduct research for businesses or individuals in need of specific information.

30. Online Real Estate: Invest in virtual real estate, such as domain names or digital properties, and sell them for a profit.

Remember that success in making money online often requires dedication, patience, and the ability to adapt to changing trends. It's essential to research and choose the opportunities that align with your skills, interests, and long-term goals.

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