The whole crypto scene has brought me an important insight.

Creating some stable passive income that will allow me to put something more on the side for a secure future.

This is no longer a luxury but a necessity.

It might not be needed right now and of course retirement is still a while to go in the future.

But if you look at the figures the chances are big that the state retirement is not going to be enough to live off. And just having savings is of course a first very important step but if you then also have some regular passive income this is in my eyes something even more important.

If you live of your savings then the available capital just dwindles away but if you are able to replace part of that with a regular passive income then your savings will last that much longer or will still be there when you need them most.

Now I have been listening to @indigoocean and her podcast on the subject and about future economics.
https://busy.org/@indigoocean/preparing-for-financial-thriving-during-global-downturns
https://busy.org/@indigoocean/3iukk9os
I guess we are all aware that there is another financial crisis looming and the funny thing is that on the other end of these crisis, the rich come out richer and the common man just that little bit worse off.

So I want to be something else. I have decided I will not be like the rest and be worse off. But not being one of the rich does not mean I cannot act like them. I want to be one of those common men that are a little bit better off then before.
For me crypto and blockchain are part of that solution.
So I have put a little money in some cryptocurrencies that are giving passive income
One of them is NEXO. One of the important things apart from the dividend is that their coin is an actual security which compliant with all SEC rules and regulations. That means there will be no surprise government crack downs or lawsuits.

And they pay out 30% of their profit to the token holders. The first payout is due on the 15th of December and if you buy tokens and put them on the platform before the 5th and pass the KYC then you will still be eligible for the dividend.

Now is this going to change my life??

Well for the moment it is not but I am going to take whatever profit I make and let that interest compound.

In a bear market this is the best kind of revenue.

I also have some Spectre.ai SXDT dividend tokens as well that are paying out a little ETH every week. Its not the most in the world but with the prices of ETH being what they are right now I am getting relatively more coins in return. Irrelevant of the price of ETH ( since I invested only 1 back then in the ICO) I have gotten 10% back in a few months (0.1 ETH)

Is this what you should do with your money?? No Idea, its yours to do with whatever you want and not my call.
But have you got similar dividend paying tokens?