It is that time of year again. The short burst of merriment, present-giving and guiltless drinking and eating at Christmas and new year, followed quickly by the solemn vows to be a better person in the new year.
From quitting smoking to doing more exercise and just spending less money, we make the same old new yearâs resolutions.
But in the age of bitcoin, perhaps itâs time we thought of some new resolutions. Perhaps itâs time that we as bitcoiners made some pledges. Here are five suggestions:
Itâs very easy and tempting to simply buy some bitcoin and simply sit on it in the hope that it will be your ticket to wealth in the future. When Norwegian man Kristoffer Koch discovered he had almost a million dollars in a bitcoin wallet he had long forgotten, we all collectively wished it had been us.
But there are more and more businesses out there who are willing to test the cryptocurrency water and if all they find are wannabe investors sipping lemonade on their lilos, unwilling to get wet, theyâre going to wonder what the point was.
In 2014, help show the power and relevancy of bitcoin as a payment platform and go support your local bitcoin business.
Resolution #1 may have fallen on deaf ears. You may shrug and say: âIâm doing pretty good sipping lemonade on my lilo actually.â Furthermore, you might have decided to plough some serious money into bitcoin and arenât interested in frittering it away on beer and Subway sandwiches.
Fair enough, but if you havenât done so already, put your coins in a cold wallet and keep them there. That way theyâll be safe (obligatory âtheyâll be as safe as your practices allow them to beâ) from hacker and neâer do wells. You can find out how here.
Bitcoin today is sometimes likened to the internet in its early days. A strange and far-out idea that is the preserve of a small circle of tech-savvy geeks.
But in 2014 you can do your bit to help continue its growth into the mainstream. You will be a bitcoin missionary, evangelizing and even televangelizing to recruit more people into the cryptocurrency fold.
Depending on how ambitious youâre feeling, you can set a low target like your non-bitcoining friends. If youâre really up for a challenge, try converting your parents (I speak from a despairing pit of experience).
But if youâre going to make #3 your New Yearâs Resolution, youâll probably need to combine it with #4.
âWell, itâs a crypto currency and you mine it using computers and â¦â then the eyes of the person youâre speaking to glaze over and you may as well be explaining Austrian economics to a dog.
If you have ever tried to explain bitcoin to someone who has never heard about it before, youâll know that if you arenât careful, itâs really easy to lose them in a forest of strange jargon that no-one really comes across in their day-to-day lives.
So this year, make it your mission to train yourself in the art of explaining what bitcoin is and why it matters. Find explanations that make it intuitive (see CoinDeskâs introduction to bitcoin to get you started). When youâre done, resolution #3 will seem like a total doddle.
This one isnât really for your average bitcoiner. Itâs aimed at one person (or group of people) in particular. Come on, Satoshi, 2014âs the year, right?
Notebook and pencil image via Shutterstock