What caused tulip mania in the 17th century in the Netherlands and how is it similar to Bitcoin? In this episode you’ll learn: Show Notes JPMorgan's Dimon says bitcoin is a fraud that will eventually blow up, compares it to tulip trade - CBNC Extraordinary Popular Delusions and The Madness of Crowds by Charles Mackay Tulipmania: Money, Honor, and Knowledge in the Dutch Golden Age by Anne Goldgar Episode Sponsors The Best Charity Gift Cards Be Frugal Cash … [Read more...]
179 Plus: Bitcoin Fork, Renting Out Home and Hedging Stocks To Defer Capital Gains Tax
This week November 4, 2017 on Money For the Rest of Us Plus, we look at the upcoming blockchain fork in Bitcoin that will create a new coin and how that undermines the primary thesis of holding Bitcoin as a store of value. We address the pros and cons of hedging a stock portfolio using puts in order to defer paying capital gains tax. We also look at the pros and cons of a member renting out his primary residence as he transitions to living full time in their vacation/retirement home. … [Read more...]
167: Is Bitcoin Better At Money Than The Dollar?
Why bitcoin is a compelling speculative diversifier and how it has been a better store of value than both the U.S. dollar and gold. In this episode you’ll learn: Show Notes United States Notes (greenbacks) – Wikipedia Mastering Bitcoin by Andreas Antonopoulos The Internet of Money – Andreas Antonopoulos Bitcoin Cash: Price of new currency rises after bitcoin’s hard fork – U.K. Telegraph The Innovator’s Dilemma by Clayton Christensen Sponsors SmartMove use the … [Read more...]
MNY059 Plus: Bitcoin, Bond Liquidity and Plus Membership Changes
In this week's Money For the Rest of Us Plus episode, I discuss The three definitions of money applied to Bitcoin Whats causing interest rates to rise Upcoming changes to Money For the Rest of Us Plus The episode length is 15 minutes. … [Read more...]
MNY053 Plus: More On Bitcoin and Trend Following
In this week's Money For the Rest of Us Plus episode, I discuss How I invested in bitcoin. How bitcoin fits into the common definition of money. The psychology for why trend following works. Why I try to use quantitative criteria to make investment decisions instead of emotion. The episode length is 16 minutes. … [Read more...]
53: Should You Invest In Bitcoin?
What you need to know about bitcoin in order use it and invest in it. In this episode, you'll learn: What is bitcoin.How to store bitcoin.How new bitcoin is created.How bitcoin protects against money being double spent.What are the security issues with bitcoin.How bitcoin differs from other currencies. Show Notes Current bitcoin price and historical price chart Hive bitcoin wallet for iOS and Android Coinbase bitcoin wallet and exchange Circle bitcoin exchange Video … [Read more...]
