by Ian King | Jun 11, 2021 | banking, Bitcoin, Cryptocurrency, Smart Profits Daily
At this point, two out of three people in the world own a smartphone. But in some developing countries, most residents still don’t have a bank account. That could change soon, though, as El Salvador recently became the first country in the world to adopt bitcoin as...
by Ian King | Jun 7, 2021 | Bitcoin, Crypto, Cryptocurrency, Smart Profits Daily
I traveled down to Miami this weekend for Bitcoin 2021, an annual conference hosted by Bitcoin Magazine. The event, which was canceled last year due to the pandemic, brings together cryptocurrency entrepreneurs and enthusiasts. The sold-out event was capped at 13,000...
by Ian King | May 17, 2021 | Bitcoin, Cryptocurrency, elon musk, Smart Profits Daily
He did it again. In a tweet complaining about bitcoin’s decentralization problem on Sunday, Elon Musk sent bitcoin prices lower by about 15%. This occurred a few days after the Tesla founder announced that his company would no longer accept bitcoin as payment for its...
by Ian King | May 3, 2021 | Bitcoin, charlie munger, Crypto, Cryptocurrency, Smart Profits Daily
I tuned into Berkshire Hathaway’s annual Zoom meeting over the weekend to hear some pearls of investing wisdom from Warren Buffett and Charlie Munger. The two nonagenarians have been running the investing conglomerate for over half a century. When Munger was asked...
by Ian King | Apr 26, 2021 | Bitcoin, Crypto, Cryptocurrency, ethereum, Smart Profits Daily
If I gave you a choice between owning all of the gold in the world or owning the entire internet … which would you choose? Well, before you can make an informed decision, you’d have to figure out what would be worth more. For gold, that calculation is easy. Based on...
by Ian King | Apr 24, 2019 | Bitcoin, Crypto
Near the end of 2018, investors experienced the greatest risk of owning crypto. When the founder of Canada-based QuadrigaCX exchange, Gerald Cotten, unexpectedly died, the exchange declared bankruptcy. As a result of his death, QuadrigaCX announced that it was ending...
