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On Self-Reliance, Cryptocurrency, and Tiny Houses

One of my favorite pastimes is thinking about how cryptocurrency and blockchain technology can change the world. I’m also very interested in the world of minimalism and sustainable lifestyles. In fact, I tend to think about building a micro-home/tiny house in the future. Though I’m not the first to connect the two, I realize that cryptocurrency and blockchain technology may be very useful to integrate into the tiny house movement. Let’s explore this a bit further.

Tiny Homes and Crypto Seem Like an Obvious Match

Tiny homes generally try to be as ecologically friendly and sustainable as possible. I admire this, and some in the movement have even started to think about how heat from cryptocurrency mining and blockchain security tasks could actually be reused within these tiny homes. This is a concept I enjoy immensely – capturing and repurposing the byproduct of one productive task for another.

The heat could easily be reused as a means to heat one’s home during the winter and other cold parts of the year. I’m not the first to think of this, but it’s an idea worthy of as much exploration as possible. For those living in colder climates, it would be an excellent way to introduce outside air (via an air filter), warm it up, and keep the whole place from getting too stuffy.

It could also easily help with any water heating units in the house, and it isn’t too far off from my mining assisted brew operation. This would be a useful redirect once it was too warm to really heat the home. There are also interesting devices that could convert thermal energy back into electricity, at an obvious net loss, but better than wholly wasted.

Of course, one potential limiting factor for this would be the home’s power source. Most of these homes have solar and/or wind generators. Alone, these would likely be unable to generate the power necessary to maintain a mining operation, and would most likely barely keep the batteries for heat and hot water charged. However, if it only used those in-house resources as a supplement/cost reduction while still attached to the grid, this could be doable.

Outside of mining, the parts for these homes often need to be incredibly high-quality due to the level of sophistication. Blockchain technology could help with the supply chain and logistics of building and shipping these homes. For example, solar panels are somewhat expensive if you want the best possible ones to help generate enough electricity for your tiny home, so ensuring that they are 1) authentic and 2) undamaged are top priorities. We all know that supply chain and provenance are one of blockchain technology’s fortes.

Finally, there’s an ideological alignment here – at least, as far as I can see. Tiny homes do a few things. They are cheaper, generally, since they have less square feet and amenities than needlessly large homes. A lower cost of acquisition means either a lower or no mortgage – freedom from banks. Zoning laws in many cities also require owners of tiny homes to make them “mobile”, so it is not uncommon to see plots of land with many tiny homes that are able to be moved (i.e., independence within a community through the creation of a network). These homes try to be self-sustaining as well, with unnecessary things reduced or removed and multiple things serving multiple functions in addition to renewable resource generators. It’s all about self-reliance and taking back control over one’s life as best as possible.

Do you have a tiny home? Are you thinking about one? Do you or would you integrate cryptocurrency and blockchain technology into your literal living situation? Let us know on Twitter and in the comments below!

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Bitcoin Cash Price Gets Skewed due to Exchange Trickery

A lot of confusing action is taking place where the Bitcoin Cash price is concerned. Although its actual decline in value is quite obvious for everyone to see, the real price of BCH is not necessarily what people can see on Coinmarketcap. This is primarily because numerous exchanges treat BCHABC as Bitcoin Cash already despite nothing being decided in terms of which chain will be the longest. Bitcoin Cash Value Fluctuates Heavily Depending on where traders look at, the price of Bitcoin Cash will be either close to the $400 level or down to $250-ish. That is quite a large gap between prices, yet one that is also very easy to explain. Bitcoin Cash, as people knew it before the fork, no longer exists. Most professional exchanges have also retired this price ticker, for the time being. As the hash war rages on, there are still a lot of unknown factors waiting to be addressed. Despite this ongoing kerfuffle, there is a net 5.76% decrease in the Bitcoin Cash price, and a 5.4% decline over Bitcoin. More specifically, that is what CoinMarketCap reports at this time, although this is not necessarily the case whatsoever. In fact, some exchanges are clearly jumping the gun by labeling BCHABC as BCH and thus dragging the Bitcoin Cash price down a bit more. Exchanges currently engaging in this activity include Bittrex and Coinex, neither of which plays a big role of importance when it comes to trading. However, based on the current value of BCH on Bitfinex and Gate.io, it seems a similar incident is taking place. One also has to keep in mind Bitcoin Cash was getting battered ahead of the network split as well. Most exchanges have halted trading of BCH indefinitely, primarily because the currency no longer exists. It is evident either BCHABC or BCHSV will take over that name in the future, but nothing has been decided at this point. As such, any trading referring to just “Bitcoin Cash” or “BCH” should be avoided, as most users can never be sure which currency is effectively being traded under this name. All of this skews the picture pertaining to Bitcoin Cash altogether. Coinmarketcap reports there is still $392m in trading volume for BCH, even though that is virtually impossible right now. With so many exchanges freezing deposits and withdrawals, it is evident actual BCH trading is no longer possible whatsoever. Virtually all platforms have deposits of BCHSV and BCHABC frozen as well, which only makes this market trend more confusing. It is safe to say the entire network split has been a bit of a mess first and foremost. In the case of Bitcoin Cash itself, that name will – under the current circumstances- not be used across exchanges for much longer. Instead, the two separate camps need to be treated as such first and foremost. Until things settle down – with might not necessarily happen anytime soon – the Bitcoin Cash price itself is pretty much irrelevant for most traders and speculators. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Bitcoin Cash Price Gets Skewed due to Exchange Trickery appeared first on NullTX.

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