BitforTip – Knowledge is Money

Ever had that feeling what you know is useless and trivial? Well, nowadays, the market for answers is open, because of BitforTip, a Bitcoin-based answers site is now online wherein you can either ask a paid question, or answer and earn!

To use BitforTip to ask questions, one must first fund their account with Bitcoins. Once your account is funded, you can now set a reward for your question, and the Bitcoins used to fund it are now held in the BitforTip escrow — to be paid after you deem the answer correct and accurate. You can ask just about anything, from who was the artist of whichever song, to where you can get items for a cheaper the cheapest price!

Speaking of places where you can get items for a cheaper price, a member Zeus asked where he could get a Samsung Galaxy S6 with 32 GB memory  for less than AUD 750, and through BitforTip, got it AUD 112 cheaper. In Philippine Pesos that’s around PhP 3745.80.

As for earning, you can also start answering the questions posted on the site and getting Bitcoins from your the simple, complex or clever things you know. As mentioned above, the member who answered Zeus’ question about getting a brand new phone for a cheaper price, got around 0.004 Bitcoins. There are many more questions out there, where you can answer for coins. It’s definitely an easy way to get some bits from putting your wisdom and knowledge to good use.

The site is rather new, but the design is simple and minimalistic, and so far there haven’t been that much bugs in their system. You can either sign up using your Facebook account, or make a new one in their site itself.

They’re holding a giveaway for the first 60 members within their site:
Check it out and get some free bits to try out their site!

Whether you want to ask and get a guaranteed answer, help out some people with your knowledge or earn a few bits for less than 5 minutes of work, BitforTip is the right place for you.

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As a fourteen-year-old high school student who has to balance studying for a test and writing up an article, you’d assume my answer definitely has to be a yes, but say you had yourself quite a debt, and you’re flat broke with not a single peso in your pocket. Could bitcoin save you from such a crisis?

Well, yes. As long as you have skill and talent you can pretty much at least get somewhere in paying your debts. You’re a graphics artist? Why not show off your work and try to get hired by an indie game development team or a web developer needing resources? Think you can write music or voice act? How about HTML or CSS? There are many things you can get into to try and pay off your theoretical debt.

So yes, you can use it to get yourself a few extra bills in your pocket, but you shouldn’t exactly depend solely on bitcoin to pay for all your bills. Sure, if your income from bitcoin is really that big, why not, right? Still, bitcoin is better as a backup plan, if not just another bonus method of income. You’re better off doing your actual job than do a bitcoin job at the moment, but we’re not really answering the question.

For a very serious question, there’s really no serious answer that I can give. Startups that were successful would quickly jump in and say yes, and meanwhile bankers that lose from bitcoin’s growth would just say no. The typical bitcoin community member would try to get you to jump into the bandwagon and join in, while there’s always the guy who claims bitcoin is a Ponzi scheme (which I seriously have to keep saying every now and then, no it’s not!).

The truth in the end is that the question is way too broad to be answered; yet it’s still a very common query asked by newcomers who just recently discovered bitcoin and are interested. So take it from a young startup just making his first steps into the bitcoin community. I’m just a student, and I get to do what I like and want and for it I’m earning money and making friends.

From what I have gone through, to the people I’ve met, yes. Bitcoin is worth getting into. As long as you can persevere and work hard, something will surely come out of your bitcoin career.