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2 days ago
Arthur Hayes just laid out his Bitcoin roadmap for the next three months — and it ends at $200,000.
The angel investor and Maelstrom fund CIO published a new essay on Friday, arguing that the Federal Reserve is printing money through a new programme, dubbed Reserve Management Purchases.
And once investors realise its effects resemble those of quantitative easing, Bitcoin will explode higher.
“As the market equates RMP to QE, Bitcoin will quickly retake $124,000 and punch quickly towards $200,000,” Hayes wrote.
His timeline is auspicious — Bitcoin should rally hard in the first three months
The angel investor and Maelstrom fund CIO published a new essay on Friday, arguing that the Federal Reserve is printing money through a new programme, dubbed Reserve Management Purchases.
And once investors realise its effects resemble those of quantitative easing, Bitcoin will explode higher.
“As the market equates RMP to QE, Bitcoin will quickly retake $124,000 and punch quickly towards $200,000,” Hayes wrote.
His timeline is auspicious — Bitcoin should rally hard in the first three months
2 days ago
Scammers drained $700,000 from NYC grandma's accounts. Now she's suing the banks.
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
The fraud started in August 2023 as fear dressed up as urgency. Pop-up warnings began flashing across 86-year-old Nina Mortellito’s computer screen, claiming her bank accounts had been hacked. What followed was a months-long tale of manipulation that ultimately drained her of $700,000 — her entire life savings.
According to a lawsuit filed against Merrill Lynch in Manhattan Supreme Court, the Upper East Side re
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
The fraud started in August 2023 as fear dressed up as urgency. Pop-up warnings began flashing across 86-year-old Nina Mortellito’s computer screen, claiming her bank accounts had been hacked. What followed was a months-long tale of manipulation that ultimately drained her of $700,000 — her entire life savings.
According to a lawsuit filed against Merrill Lynch in Manhattan Supreme Court, the Upper East Side re
15 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
These days, gauging the health of the economy is almost like trying to figure out how Schrödinger's cat is doing.
Depending on who you talk to, the economy might be on the upswing or trending downward: It’s showing promise but also headed for collapse.
Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what
These days, gauging the health of the economy is almost like trying to figure out how Schrödinger's cat is doing.
Depending on who you talk to, the economy might be on the upswing or trending downward: It’s showing promise but also headed for collapse.
Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what
16 days ago
Strategy Inc (NASDAQ:MSTR) is one of the stocks Jim Cramer recently looked at. Cramer mentioned the stock during the episode and said:
“In this business, nothing’s harder than spotting bottoms… What matters the most here is not Bitcoin itself, but a company called Strategy run by Michael Saylor, a Bitcoin evangelist who’s adopted what I consider to be a Malcolm X style by any means necessary approach to keep Bitcoin higher. He has a huge amount of money on the line because Strategy has transformed itself basically into a Bitcoin accumulation machine fueled by borrowed money.
Pixabay/Public D
“In this business, nothing’s harder than spotting bottoms… What matters the most here is not Bitcoin itself, but a company called Strategy run by Michael Saylor, a Bitcoin evangelist who’s adopted what I consider to be a Malcolm X style by any means necessary approach to keep Bitcoin higher. He has a huge amount of money on the line because Strategy has transformed itself basically into a Bitcoin accumulation machine fueled by borrowed money.
Pixabay/Public D
17 days ago
Louis Navellier has seen a thing or two over the years. Navellier, a veteran money manager who has been navigating the stock market since the 1980s, is the founder of Navellier & ****** ociates, a firm with about $1 billion in ****** ets under management.
His long career means he has managed money through the savings and loan crisis of the 1980s and early 1990s, the internet boom and bust, the Great Recession, the Covid pandemic, and 2022's bear market. Along the way, he learned some valuable insights about markets and what causes stocks to rise or fall — a knowledge that has helped keep him
His long career means he has managed money through the savings and loan crisis of the 1980s and early 1990s, the internet boom and bust, the Great Recession, the Covid pandemic, and 2022's bear market. Along the way, he learned some valuable insights about markets and what causes stocks to rise or fall — a knowledge that has helped keep him
17 days ago
Everyone is talking about a K-shaped economy, in which lower- and middle-income households are increasingly being squeezed by a weakening job market and rebounding inflation.
The backdrop has taken a toll on consumer wallets, shifting spending from discretionary to essential purchases. It's also led to consumers rethinking where they spend their hard-earned money, with an increasing number seeking out retailers with a history of low prices, including discount chains and dollar stores.
Dollar General is one of the leading beneficiaries of this shift in customer behavior, as evidenced by its r
The backdrop has taken a toll on consumer wallets, shifting spending from discretionary to essential purchases. It's also led to consumers rethinking where they spend their hard-earned money, with an increasing number seeking out retailers with a history of low prices, including discount chains and dollar stores.
Dollar General is one of the leading beneficiaries of this shift in customer behavior, as evidenced by its r
17 days ago
Netflix gave him $11 million. Prosecutors say he blew it on cars and luxury beds.
Carl Erik Rinsch had already burned through more than $44 million of Netflix’s money when the streaming giant wired him an additional $11 million in March 2020 to finish a sci-fi series called “White Horse.” But according to the federal indictment, the show was never completed. And not a single episode aired.
Instead, federal prosecutors say Rinsch diverted nearly all those funds into personal brokerage accounts, lost half of it on speculative stock trades, made it back through cryptocurrency, and then went o
Carl Erik Rinsch had already burned through more than $44 million of Netflix’s money when the streaming giant wired him an additional $11 million in March 2020 to finish a sci-fi series called “White Horse.” But according to the federal indictment, the show was never completed. And not a single episode aired.
Instead, federal prosecutors say Rinsch diverted nearly all those funds into personal brokerage accounts, lost half of it on speculative stock trades, made it back through cryptocurrency, and then went o
20 days ago
Source: Mets agree to 3-year contract with former Yankees closer, 2-time All-Star Devin Williams
The New York Mets have agreed to a three-year contract with former Yankees closer and two-time All-Star reliever Devin Williams, Yahoo Sports' Russell Dorsey confirms.
The Athletic and ESPN first reported the news. Per ESPN's Jeff Passan, the contract is worth more than $50 million in guaranteed money.
Williams, 30, was one of baseball's best relievers during a six-year stint with the Milwaukee Brewers. He made two All-Star teams in Milwaukee while posting a 1.83 ERA with 375 strikeouts and 11
The New York Mets have agreed to a three-year contract with former Yankees closer and two-time All-Star reliever Devin Williams, Yahoo Sports' Russell Dorsey confirms.
The Athletic and ESPN first reported the news. Per ESPN's Jeff Passan, the contract is worth more than $50 million in guaranteed money.
Williams, 30, was one of baseball's best relievers during a six-year stint with the Milwaukee Brewers. He made two All-Star teams in Milwaukee while posting a 1.83 ERA with 375 strikeouts and 11
20 days ago
The government of Nicolás Maduro claims to have millions of troops, enough military power and an efficient anti-aircraft system to counter a possible armed attack by the United States amid accusations that Venezuela’s political leadership leads a “terrorist” drug trafficking cartel.
But does the Maduro administration have enough money to pay for and endure the consequences of a long-term war with the United States after years of economic crisis? Experts doub it, warning of the outcomes that an armed conflict would have in one of the most troubled economies in the world.
The U.S. State Depart
But does the Maduro administration have enough money to pay for and endure the consequences of a long-term war with the United States after years of economic crisis? Experts doub it, warning of the outcomes that an armed conflict would have in one of the most troubled economies in the world.
The U.S. State Depart
20 days ago
Two major economies are tightening control over digital currencies just as the US pushes to cement its leadership in the stablecoin sector. Israel is accelerating its digital shekel plans while China continues to expand the digital yuan.
These moves signal a broader global shift toward sovereign digital money that could challenge the reach and influence of US dollar–based stablecoins.
Stablecoins have become a central pillar of the digital ***** et market, moving well beyond their early role as a trading convenience.
The sector now processes more than $2 trillion in monthly volume and holds
These moves signal a broader global shift toward sovereign digital money that could challenge the reach and influence of US dollar–based stablecoins.
Stablecoins have become a central pillar of the digital ***** et market, moving well beyond their early role as a trading convenience.
The sector now processes more than $2 trillion in monthly volume and holds
21 days ago
Take your Social Security at 62.
That’s the buzzy advice blowing up on TikTok and YouTube.
Droves of “finfluencers,” as these social media personalities doling out financial tips are called, have been posting videos and memes to justify starting Social Security retirement benefits at age 62 — the earliest age allowed — and then investing the money each month in stocks.
That argument is in stark contrast to what most financial advisers and retirement experts have been urging people to do for years, which is to delay tapping your benefit until age 70 if you can afford to, thereby reaping a la
That’s the buzzy advice blowing up on TikTok and YouTube.
Droves of “finfluencers,” as these social media personalities doling out financial tips are called, have been posting videos and memes to justify starting Social Security retirement benefits at age 62 — the earliest age allowed — and then investing the money each month in stocks.
That argument is in stark contrast to what most financial advisers and retirement experts have been urging people to do for years, which is to delay tapping your benefit until age 70 if you can afford to, thereby reaping a la
21 days ago
Kazakhstan’s central bank is weighing a plan to invest up to $300 million in cryptocurrency ******* ets.
On November 28, Timur Suleimenov, chairman of the National Bank of Kazakhstan, said the bank could allocate funds from the National Fund and its foreign-exchange reserves into crypto.
However, he emphasized that the full amount may not be used.
"In the first stage, we'll be managing gold and foreign exchange reserves. This is the same money that needs to be managed. Some of it is in gold, some in securities. Within this portfolio, a separate portfolio has already been created, focusing o
On November 28, Timur Suleimenov, chairman of the National Bank of Kazakhstan, said the bank could allocate funds from the National Fund and its foreign-exchange reserves into crypto.
However, he emphasized that the full amount may not be used.
"In the first stage, we'll be managing gold and foreign exchange reserves. This is the same money that needs to be managed. Some of it is in gold, some in securities. Within this portfolio, a separate portfolio has already been created, focusing o
21 days ago
This post was originally published on TKer.co on October 15, 2021.
The stock market can be an intimidating place: it’s real money on the line, there’s an overwhelming amount of information to follow, and people have lost fortunes in it very quickly.
But it’s also a place where thoughtful investors have long accumulated a lot of wealth.
The primary difference between positive and negative outcomes is related to misconceptions about the stock market that can lead people to make poor investment decisions.
With that in mind, I present to you ten truths about the stock market.¹
https://finan
The stock market can be an intimidating place: it’s real money on the line, there’s an overwhelming amount of information to follow, and people have lost fortunes in it very quickly.
But it’s also a place where thoughtful investors have long accumulated a lot of wealth.
The primary difference between positive and negative outcomes is related to misconceptions about the stock market that can lead people to make poor investment decisions.
With that in mind, I present to you ten truths about the stock market.¹
https://finan
21 days ago
$1,000 'Trump accounts' are coming for newborns. Critics say low-income kids may miss out.
The Trump administration is gearing up to create investment accounts for millions of children — and in the process, advocates hope, create a new generation of capitalists.
The initiative, tucked into Republicans’ domestic policy megabill, is not only aimed at building nest eggs for kids, with the government providing $1,000 in seed money for those born in the next four years. At a time when economic anxiety is mounting, the government also wants to convince young people and their families of the bene
The Trump administration is gearing up to create investment accounts for millions of children — and in the process, advocates hope, create a new generation of capitalists.
The initiative, tucked into Republicans’ domestic policy megabill, is not only aimed at building nest eggs for kids, with the government providing $1,000 in seed money for those born in the next four years. At a time when economic anxiety is mounting, the government also wants to convince young people and their families of the bene
25 days ago
Growing skepticism around GOP's plan to go all in on health savings accounts
Republicans facing voter ire over spiking health premiums are resurrecting one of their favorite ideas: Give people power to pay for medical care on their own, with tax-free dollars in individual health savings accounts.
The GOP is toying with the idea of taking federal subsidies that currently help people buy Affordable Care Act insurance and diverting some of the money into individuals’ HSAs, although passing legislation without help from Democrats is a tall order with Republicans’ slim Senate and House majoriti
Republicans facing voter ire over spiking health premiums are resurrecting one of their favorite ideas: Give people power to pay for medical care on their own, with tax-free dollars in individual health savings accounts.
The GOP is toying with the idea of taking federal subsidies that currently help people buy Affordable Care Act insurance and diverting some of the money into individuals’ HSAs, although passing legislation without help from Democrats is a tall order with Republicans’ slim Senate and House majoriti
26 days ago
The ongoing Bitcoin crash is milder than some previous crashes, so far. Here’s how to protect your portfolio.
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
https://www.nerdwallet.com...
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
https://www.nerdwallet.com...
27 days ago
Bitcoin is attempting to steady after weeks of heavy selling pushed the price into the high-conviction $83,000–$84,000 demand zone, a region that has repeatedly attracted institutional accumulation throughout the year.
BTC trades near $86,036, up 2.84% in the last 24 hours, as traders **** s whether long-term holders are quietly buying spot while short-term panic fades.
With a market cap above $1.71 trillion, the question heading into Q1 is straightforward: Is smart money positioning for the next leg higher?
As discussed in our previous Bitcoin prediction, Bitcoin’s latest decline has now f
BTC trades near $86,036, up 2.84% in the last 24 hours, as traders **** s whether long-term holders are quietly buying spot while short-term panic fades.
With a market cap above $1.71 trillion, the question heading into Q1 is straightforward: Is smart money positioning for the next leg higher?
As discussed in our previous Bitcoin prediction, Bitcoin’s latest decline has now f
28 days ago
FBI arrests alleged ***** ociate of former Olympic snowboarder on 10 Most Wanted list
The FBI announced the capture of a man wanted for his alleged role in a drug-trafficking network that authorities say is led by a former Olympic snowboarder on the bureau’s Ten Most Wanted list.
Rasheed Pascua Hossain, 32, was arrested Friday by the Royal Canadian Mounted Police, according to the Canadian Broadcasting Company. His profile on the FBI “Most Wanted” list was updated afterward to note that he had been “captured.”
Authorities say Hossain helped facilitate money laundering for what federal off
The FBI announced the capture of a man wanted for his alleged role in a drug-trafficking network that authorities say is led by a former Olympic snowboarder on the bureau’s Ten Most Wanted list.
Rasheed Pascua Hossain, 32, was arrested Friday by the Royal Canadian Mounted Police, according to the Canadian Broadcasting Company. His profile on the FBI “Most Wanted” list was updated afterward to note that he had been “captured.”
Authorities say Hossain helped facilitate money laundering for what federal off
30 days ago
Tyson operates meat plants in Nebraska communities, including Omaha. Its plant in Lexington, Nebraska, is set to close in January. (Anna Moneymaker/Getty Images)
LINCOLN — In a blow to the local economy of Lexington, Nebraska, Tyson Foods announced that it is closing the town’s longtime Tyson beef plant that employed about 3,200 people.
The Arkansas-based Tyson said in a statement that changes were designed to “right-size” its beef business and position it for long-term success.
The Lexington plant is to close on or around Jan. 20. The statement did not elaborate on why the plant in the tow
LINCOLN — In a blow to the local economy of Lexington, Nebraska, Tyson Foods announced that it is closing the town’s longtime Tyson beef plant that employed about 3,200 people.
The Arkansas-based Tyson said in a statement that changes were designed to “right-size” its beef business and position it for long-term success.
The Lexington plant is to close on or around Jan. 20. The statement did not elaborate on why the plant in the tow
30 days ago
At a time when the November slump is testing every Bitcoin (BTC) trader's patience, one person has decided to take the plunge.
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he sold some of his Bitcoin.
Kiyosaki is one of the most influential personal-finance voices of the past two decades, has long used his platform to frame Bitcoin as the ultimate hedge against a global “everything bubble.”
His teachings, centered on financial independence, cash-flow investing, and distrust of fiat money, have made him a prominent figure among Bitcoin advocates.
This week, however, Kiyosaki s
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he sold some of his Bitcoin.
Kiyosaki is one of the most influential personal-finance voices of the past two decades, has long used his platform to frame Bitcoin as the ultimate hedge against a global “everything bubble.”
His teachings, centered on financial independence, cash-flow investing, and distrust of fiat money, have made him a prominent figure among Bitcoin advocates.
This week, however, Kiyosaki s
30 days ago
The drone economy is taking off, and investors are getting more options to put money into the budding industry.
The recently launched REX Drone exchange-traded fund, for example, has 80% of its portfolio earmarked for companies that generate the bulk of revenues from drones, unmanned aerial vehicles (UVA) and the companies that support the industry’s technologies.
"The drones theme is exciting for a couple of reasons," REX CEO Greg King told FOX Business. "No. 1, the military applications. Ukraine and the Middle East have approved the utility there. And defense budgets are shifting over to a
The recently launched REX Drone exchange-traded fund, for example, has 80% of its portfolio earmarked for companies that generate the bulk of revenues from drones, unmanned aerial vehicles (UVA) and the companies that support the industry’s technologies.
"The drones theme is exciting for a couple of reasons," REX CEO Greg King told FOX Business. "No. 1, the military applications. Ukraine and the Middle East have approved the utility there. And defense budgets are shifting over to a
30 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Jim Cramer, market commentator and popular media personality, expressed concerns on Wednesday that a “cabal” is attempting to keep Bitcoin (CRYPTO: BTC) above $90,000, while also criticizing derivatives.
In an X post, Cramer suspected that a “cabal” is propping Bitcoin above $90,000, implying that he expected further downsides for the apex cryptocurrency.
“I like Bitcoin but I do not like any of the derivatives created to play it or game it or mine it.” the host of CNBC’s “Mad Money” segment
Jim Cramer, market commentator and popular media personality, expressed concerns on Wednesday that a “cabal” is attempting to keep Bitcoin (CRYPTO: BTC) above $90,000, while also criticizing derivatives.
In an X post, Cramer suspected that a “cabal” is propping Bitcoin above $90,000, implying that he expected further downsides for the apex cryptocurrency.
“I like Bitcoin but I do not like any of the derivatives created to play it or game it or mine it.” the host of CNBC’s “Mad Money” segment
30 days ago
'My retirement is completely in bitcoin': Why don't more people do what I do?
By Quentin Fottrell
'I also borrow against bitcoin. What's the catch?'
"My car is a piece of s-, but there's no way I'm spending any money on anything other than bitcoin." (Photo subject is a model.)
Dear Quentin,
I've managed to acquire one bitcoin. I'm a 51-year-old single woman, and I'm a fully signed-up bitcoin follower. Given the volatility, I don't want to cash it in, as I don't think the crypto market is "bubblish." When I first bought bitcoin it was $48,000, and then it fell to $16,000. I bought it at
By Quentin Fottrell
'I also borrow against bitcoin. What's the catch?'
"My car is a piece of s-, but there's no way I'm spending any money on anything other than bitcoin." (Photo subject is a model.)
Dear Quentin,
I've managed to acquire one bitcoin. I'm a 51-year-old single woman, and I'm a fully signed-up bitcoin follower. Given the volatility, I don't want to cash it in, as I don't think the crypto market is "bubblish." When I first bought bitcoin it was $48,000, and then it fell to $16,000. I bought it at
1 month ago
Bitcoin extended its November slump on Nov. 20, briefly dipping below $88,000.
According to CoinGecko data, Bitcoin traded around $87,319 intraday, down about 4% over the past 24 hours and nearly 13% on the week, after falling from highs above $103,000 just days ago.
'Big Short’ Michael Burry closes hedge fund, sparking crypto ‘nuclear winter’ warning
Top ****** yst reveals Powell’s exit could supercharge a surprise ****** et
'Rich Dad Poor Dad' author warns of ‘The Big Print’ as ‘fake money crashes’
https://finance.yahoo.com/...
According to CoinGecko data, Bitcoin traded around $87,319 intraday, down about 4% over the past 24 hours and nearly 13% on the week, after falling from highs above $103,000 just days ago.
'Big Short’ Michael Burry closes hedge fund, sparking crypto ‘nuclear winter’ warning
Top ****** yst reveals Powell’s exit could supercharge a surprise ****** et
'Rich Dad Poor Dad' author warns of ‘The Big Print’ as ‘fake money crashes’
https://finance.yahoo.com/...
1 month ago
I’ve managed to acquire one bitcoin. I’m a 51-year-old single woman, and I’m a fully signed-up bitcoin follower. Given the volatility, I don’t want to cash it in, as I don’t think the crypto market is “bubblish.” When I first bought bitcoin it was $48,000, and then it fell to $16,000. I bought it at the wrong time, but anyone who has ridden the storm once isn’t worried about this downturn, and they’re buying furiously. My car is a piece of s—, but there’s no way I’m spending any money on anything other than bitcoin.
With bitcoin, there is a limited supply and it’s not run by one organization
With bitcoin, there is a limited supply and it’s not run by one organization
1 month ago
Jeff Bezos issued a warning, said you might want to rethink buying a 'new automobile, refrigerator, or whatever'
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Amazon founder and executive chairman Jeff Bezos sounded the alarm 3 years ago.
In an interview with CNN, Bezos said that the economy “does not look good right now.” (1)
“Things are slowing down. You're seeing layoffs in many many sectors of the economy.”
While his comments may have been a few years old, the current market volatile suggests that you might want to tighten up your
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Amazon founder and executive chairman Jeff Bezos sounded the alarm 3 years ago.
In an interview with CNN, Bezos said that the economy “does not look good right now.” (1)
“Things are slowing down. You're seeing layoffs in many many sectors of the economy.”
While his comments may have been a few years old, the current market volatile suggests that you might want to tighten up your
1 month ago
US Rep. Sheila Cherfilus-McCormick of Florida indicted on charges of stealing $5M in disaster funds
MIAMI (AP) — U.S. Rep. Sheila Cherfilus-McCormick of Florida has been indicted on charges accusing her of stealing $5 million in federal disaster funds and using some of the money to aid her 2021 campaign, the Justice Department said Wednesday.
The Democrat is accused of stealing Federal Emergency Management Agency overpayments that her family health care company had received through a federally funded COVID-19 vaccination staffing contract, federal prosecutors said. A portion of the money w
MIAMI (AP) — U.S. Rep. Sheila Cherfilus-McCormick of Florida has been indicted on charges accusing her of stealing $5 million in federal disaster funds and using some of the money to aid her 2021 campaign, the Justice Department said Wednesday.
The Democrat is accused of stealing Federal Emergency Management Agency overpayments that her family health care company had received through a federally funded COVID-19 vaccination staffing contract, federal prosecutors said. A portion of the money w
1 month ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Bitcoin is more than just a financial ***** et, according to NBA free agent Tristan Thompson.
“Bitcoin isn’t just an ***** et.. it’s a statement,” Thompson said on X last week. “You either own your money, or someone else does. Simple as that.”
It is not the first time Thompson has framed Bitcoin as a tool for self-sovereignty. He told cryptocurrency news outlet Cointelegraph in May that he saw Bitcoin as a “form of financial freedom.” Separately, he told cryptocurrency news outlet Decrypt at
Bitcoin is more than just a financial ***** et, according to NBA free agent Tristan Thompson.
“Bitcoin isn’t just an ***** et.. it’s a statement,” Thompson said on X last week. “You either own your money, or someone else does. Simple as that.”
It is not the first time Thompson has framed Bitcoin as a tool for self-sovereignty. He told cryptocurrency news outlet Cointelegraph in May that he saw Bitcoin as a “form of financial freedom.” Separately, he told cryptocurrency news outlet Decrypt at
1 month ago
Massachusetts couple refused to get jobs and lived big while burning through $200K in crypto. Now they live with his mom
When Angela met David, he had already made some bold money moves and eventually built up a six-figure cryptocurrency portfolio. Then things came crashing down.
“Instead of being extra smart about it, we had a kid, refused to get jobs or got jobs that paid too little and quit, lived a rich life as if we were actually rich, but only with investments,” Angela wrote to Ramit Sethi ahead of an episode of his Money For Couples podcast (1). “We blew all the investments out.”
T
When Angela met David, he had already made some bold money moves and eventually built up a six-figure cryptocurrency portfolio. Then things came crashing down.
“Instead of being extra smart about it, we had a kid, refused to get jobs or got jobs that paid too little and quit, lived a rich life as if we were actually rich, but only with investments,” Angela wrote to Ramit Sethi ahead of an episode of his Money For Couples podcast (1). “We blew all the investments out.”
T
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1 month ago
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