Money is something that a majority of people do not master. The more I talk about money with people, the more I realize that many have a total ignorance of the subject.
It’s not that surprising. The education system has never taught you what money is, and even worse, how to manage your money in order to make the right decisions for your future.
There is one basic rule that you should have in mind, and it applies to all areas, and therefore to money:
“In life, it’s your ignorance that costs you money.”
So the less you know about money, the more you risk losing a lot of it. Whether you are very rich or very poor, this rule applies equally. …
The Central Bank Digital Currencies (CBDC) have been getting more and more attention in recent weeks. The Chinese digital yuan project, the famous e-RMB, is moving at high speed. The e-RMB project is so advanced that it is already being tested by the general public in four major Chinese cities.
China wants to take advantage of the first-mover advantage in its new battlefield to maximize its chances to break the U.S. dollar’s monopoly on the world monetary and financial system.
Under these conditions, it is easy to understand why Xi Jinping has made e-RMB a national priority since October 2019. …
This week seems to mark an important change for the Bitcoin market. Since Monday, October 19, 2020, the Bitcoin price has increased by a little more than 13% to reach $13K.
Slowly but surely, the Bitcoin price is getting closer to territories that have not been explored since the end of 2017.
Some people frequently send me messages asking me how it is possible to predict these increases in the Bitcoin price. My answer disappoints them every time, but it is the only honest answer I can give:
It is impossible to accurately predict in advance when a Bitcoin price increase will occur. …