Showing posts from October, 2017

Lend out crypto currencies for passive returns

Annualized lending rates, source: coinlend 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 m

How to install Google Drive Sync on Ubuntu 16.04 and higher

Google Drive on Ubuntu UPDATE: This post is still here for historical purposes. I do no longer recommend you use Grive due to possible security issues as mentioned here . 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 command-line 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 t