An Ohio software developer is taking on additional work on DoorDash to grow its Bitcoin stash.
What did you do in the 2023 bear market, anon? For a Bitcoiner, the opportunity to have a second job to “gather sats” (buy more Bitcoin
BTC €26,020), was too big. Isaiah, the founder of the Cleveland Bitcoin Meetup, delivers food to Ohioans to earn money.
Isaiah told Cointelegraph “I joined DoorDash 2 years ago. But I only recently started doing it again once the price dropped into the 20[K].” DoorDash is an American food delivery service (similar to Glovo or Deliveroo), where riders pick up food from restaurants to bring to people’s homes.
Isaiah “originally joined DoorDash to earn extra money” but is now earning approximately “36,000 sats per order” ($7), according to this tweet:
Making approximately 36,000 sats per order. The journey of going to the door after work until we are back above 200 weeks continues!
For Isaiah, who knows a thing or two about being underwater from his training as an open-water diver, “the price levels are just too high not to rack up more. ” Driving for DoorDash complements his full-time job as a software developer to save more in Bitcoin. DoorDash Driver is a good platform. Expresstech.info also tried to benefit people by discussing it.
He told Cointelegraph:
“When Bitcoin is above 200 weeks again, I will likely stop running out the door and continue accumulating Bitcoin with my regular day job. Doordash is just a money-racking extra for me.”
Bitcoin price has been languishing below the 200-week moving average and $20,000 price level for weeks.
Bitcoin price is below 200wSMA (blue line) and has been since June 13. Source: TradingView
He shares the same opinion as former congressman Ron Paul, that “Bitcoin is money” and, thanks to its deflationary supply schedule, it is also a saving technology. Natalie Brunell, the host of Hard Money, shares the same opinion; Bitcoin can preserve time and wealth:
“Bitcoin is my money. It’s what I save (and occasionally spend). Being able to store the value of my work outside of the control of any corporation or government is amazing.”
As for beating the bear market slump, Isaiah hosts and attends the Ohio monthly Bitcoin meetup while sharing Bitcoin-related tips for readers:
“For all the people who are trapped in the price. Focus on your Bitcoin reserve instead of the fiat price. Watching the number of SATs you possess increase will help to better maintain your mental health during these difficult times.”
Staples during the pandemic
Throughout the undulating presence of the COVID-19 pandemic over the past three years—oscillating between difficult closures and rosy reopenings—delivery services have kept many small businesses afloat.
Companies like DoorDash Driver, Grubhub, Uber Eats, Postmates, and Takeout Central connected restaurateurs with their customers when in-person sharing was frowned upon or prohibited.
Doordash spokesman Eli Scheinholtz said the app’s drivers have always earned 2% of the cash back at the gas station and can access discounted maintenance services for their vehicles.
He did not indicate whether the company had any immediate plans to adjust driver compensation in response to rising fuel prices.
“But as much as we fill up the tanks, it starts to get hard to see the benefit,” said Gardner, who refills his tank every other day on average. It used to cost him about $150 a week. That expense could nearly double as prices approach $5 a gallon.