Tag Archives for " robert kiyosaki bitcoin "
The simple definition of inflation is when prices rise and the purchasing power of a currency drops. It means that you can buy less with your money than you used to be able to. As Charles Holt Carrol said, "Inflation is the surest way to fertilize the rich man's field with the sweat of the […]Continue reading
If you sold, mined, or traded cryptocurrencies in 2020, then this episode is for you! Tom Wheelwright, Rich Dad Advisor on Taxes, warns listeners as they prepare for filing taxes this year, “Anytime you use or trade your virtual currency, that’s a taxable event.” But what does trade mean, exactly? According to Tom, if you […]Continue reading
Making the Case for People’s Money Bitcoin and other cryptocurrencies are now challenging the hegemony of the U.S. dollar and other fiat currencies. In May 2020, a historic event cut the daily incoming supply of Bitcoin from 1800 Bitcoin per day to 900 Bitcoin per day—a sort of quantitative hardening—opposite of what the Fed is […]Continue reading