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Showing posts from October, 2017

Lend out crypto currencies for passive returns

Read this post on Steemit. Upvote and make steem dollars! Did you know you can make interest on your Crypto currency holdings by lending them out? In this post and video I show you how I do this and why.


Why? Here are some of the reasons why I lend a portion of my crypto holdings.

Passive returns
Earning interest on your crypto currency holdings is almost just like any other loan. You don't have to actively trade to make a return on investment. Also if you hodle coins, this is a way to make some extra passive income on your holdings.High yields possible
Some coins offer at times extremely high yields, but most of the times just high yields. BTC can be loaned out at an average rate of 7% per year or more and the US-Dollar mostly above 20% annually.

Of course with high yields come higher risks, then with your average savings account. Basically there are two types of risks that you are opening yourself up to:

Counter party risk
- Lending out your crypto currency on an exchange means you w…

How to install Google Drive Sync on Ubuntu 16.04 and higher

Google drive is one of the many handy tools Google offers. It is a file synchronization tool that allows you to backup, store and share and access files in the cloud. I use it to collaborate on files with others or to sync movies that I can then easily publish on Youtube.



Unfortunately there is no native Google drive software for Linux Desktops. Luckily there is a way to have a proper sync setup on Ubuntu 16.04 and higher that uses the Google drive API and some Gui tools. Let me show you how I have this installed on my Ubuntu Desktop.

First I install the Grive2 commandline tool:

sudo add-apt-repository ppa:nilarimogard/webupd8
sudo apt-get update
sudo apt-get install grive

No need to set it up right now. Instead let's first install grive-tools. This is a package that is only available up to Ununtu Vivid, but I have found that is works just the same on Ubuntu 16.04
Run the following from a terminal:

sudo su -c "nano /etc/apt/sources.list.d/thefanclub*.list"
deb http://ppa.lau…