Evergrande and Fantasia Crisis Update
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Biz Coach, Super Joe Pardo reacts Evergrande still being halted on the stock market as well as two other major players in China’s real estate having issues paying interest payments.
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Check out:
https://finance.yahoo.com/quote/3333.HK?p=3333.HK&.tsrc=fin-srch
https://www.bbc.com/news/business-58798625
10 Comments
Doge is trash. It’s a literal mockery of crypto. There are serious coins out there.
Which coins do you like?
@Super Joe Pardo I live off of Bitcoin Cash. Cuban is on crack about not spending appreciating assets. That just means you’re saving money over if you had it in USD. Let’s say you get paid and convert it to crypto. Next week, if crypto is up 5%, you’ve saved 5% through appreciation. I use Uphold’s crypto debit card for groceries/bills etc. The way to drive adoption is to use crypto.
@Joe Pardo I live off of Bitcoin Cash. Cuban is on crack about not spending appreciating assets. That just means you’re saving money over if you had it in USD. Let’s say you get paid and convert it to crypto. Next week, if crypto is up 5%, you’ve saved 5% through appreciation. I use Uphold’s crypto debit card for groceries/bills etc. The way to drive adoption is to use crypto.
@@SuperJoePardo I live off of Bitcoin Cash. Cuban is on crack about not spending appreciating assets. That just means you’re saving money over if you had it in USD. Let’s say you get paid and convert it to crypto. Next week, if crypto is up 5%, you’ve saved 5% through appreciation. I use Uphold’s crypto debit card for groceries/bills etc. The way to drive adoption is to use crypto.
(obviously that’s an oversimplification since you’d still have to take capital gains tax into account)
Interesting, so the debit card, converts to USD when you spend it so you can spend it anywhere? I will look into Uphold.
So here’s an example of getting BTC and holding it. I mine ETH, get paid in BTC and I have zero intention of selling what I’ve collected through mining. Because I believe BTC to only go up as more countries adopt it, and less can be mined as the years move forward, increasing it’s value.
I appreciate you watching and giving your insight!
@Super Joe Pardo yep, I would prefer not having to pass through USD but most places don’t take crypto yet.
@Joe Pardo yep, I would prefer not having to pass through USD but most places don’t take crypto yet.
@@SuperJoePardo yep, I would prefer not having to pass through USD but most places don’t take crypto yet.