Tag: financialliteracy

Initia's TGE: Smart Investment or Risky Gamble? A Gen X View

Initia's TGE: Smart Investment or Risky Gamble? A Gen X View

Okay, you nimble youngsters are just chirping away about Initia’s TGE. Another crypto unicorn promising untold riches. Been there, done that dot-com bubble bursting t-shirt. My generation, Gen X, we’ve lived through booms and busts. We're not easily swayed by shiny objects. So, all cynicism aside, what is Initia all...

NFT Tax Case Shows Individual Responsibility Needed, Not More Regulation

NFT Tax Case Shows Individual Responsibility Needed, Not More Regulation

Waylon Wilcoxface, 45 of Pennsylvania, is in trouble. He claimed to have avoided more than $3.2 million in taxes by not reporting his CryptoPunks NFT sales. What’s more, he raked in an eye-popping $12.3 million selling digital avatars. Instead, he indicated zero income from virtual assets across the board. Zero!...

Bitcoin's Price Isn't Random! Here's the Real Secret

Bitcoin's Price Isn't Random! Here's the Real Secret

The myth that Bitcoin’s price is a fickle frog, inexplicably jumping in any direction and never landing on the same spot? That’s Wall Street propaganda, pure and simple, aimed at keeping you scared and on the sidelines. They want you to think it's all luck and algorithms, so they can...

NFT Crash: A Costly Lesson in Individual Responsibility, Not Market Failure

NFT Crash: A Costly Lesson in Individual Responsibility, Not Market Failure

Let's be blunt: the recent NFT market downturn, punctuated by stories like the $10 million loss on that Alien CryptoPunk, isn't a market failure. As far as we’re concerned, this is a wake-up call. It’s a blaring siren for anyone looking to get rich quick by randomly investing in JPEGs....