independent of traditional banks . It’s a newer form of digital currency, and it uses encryption for security and maintaining production of Bitcoin units. At first this might sound confusing, but it’s rather similar to other forms of money. The primary differences include the fact that the Bitcoin cryptocurrency is decentralized, leading to all sorts of benefits for both merchants and buyers. That makes Bitcoin an interesting niche to look into.
For example, since Bitcoin has no affiliation with a bank, the rates remain low, if not non-existent, and pretty much anyone can perform transactions regardless of where they’re located (a regular bank might not be willing to allow a purchase from a high-risk or depressed nation or region).
Along with impressive security, the hiding of personal information and locked-down purchases that almost eliminate online fraud (e.g. all sales are final, so no chargebacks) the Bitcoin revolution, although confusing, is just getting started. So if you’re interested in learning how to earn Bitcoins with blogging on your WordPress website, this is the guide for you.
Strategies for monetizing your blog with Bitcoin
Image Source: MichaelWuensch – Pixabay.com / License: CC0 Public Domain
The prudent blogger chooses a niche topic , honing in on the industries that have both interested readers and hoards of advertisers or affiliates. Bitcoin or cryptocurrencies in general is an interesting niche for bloggers, although it does seem to be gaining lots of competition.
After that, it may be a good idea to create a network of blogs to test out which ones work the best. It’s also not a bad idea to post consistently so your readers can expect when to hear from you. As for the best strategies for making Bitcoins with your blogging, here are your choices:
Bitcoin advertising networks
Paywalls / selling premium content
Get Bitcoins paid for answering questions
Promote popular Bitcoin affiliate programs to make money
Bitcoin advertising networks
Going with an ad network like Google AdSense works fine to monetize blogs , but if you’re trying to build your Bitcoin reserves instead, other suitable ad networks are necessary.
Image Source: Screenshot – BitMedia.io