Jun 24, 2021

Effects Of China’s Ban On Crypto: Guy Gotslak Q&A

2021-06-24T14:23:15-07:00June 24, 2021|Categories: Investing 101|

China banned all crypto transactions. But it is creating its own crypto. Do you think this is an attempt to control what is supposed to be uncontrollable?  I don’t know what their intentions are. I also think that their intention isn’t really what we should be focusing on.  We need to recognize that China is the first mover [...]

Jun 16, 2021

My Digital Money Introduces Military Grade Security to Ensure Highest Quality Safety of Assets in CryptoIRA Accounts

2021-06-17T14:13:58-07:00June 16, 2021|Categories: Investing 101|

  PASADENA, CALIF. (PRWEB) JUNE 16, 2021 My Digital Money (MDM), a facilitator of cryptocurrency-based IRA investments, is leading the digital currency industry by empowering investors to securely buy, sell and hold assets in a cryptocurrency IRA with unparalleled military-grade security with Genesis Custody, a global leader in institutional digital asset markets. “Investors interested in diversifying their retirement accounts [...]

Jun 15, 2021

Banks Want Crypto

2021-06-21T15:18:51-07:00June 15, 2021|Categories: Investing 101|

America’s big banks have been venturing into cryptoland. In March Morgan Stanley became the first to offer wealthy customers access to bitcoin funds. This month Goldman Sachs revived the crypto desk it had mothballed in 2017; Citigroup said it may offer crypto services. Would you store your cryptos in banks? Guy Gotslak: JPMorgan Chase, once adamant that it [...]

Jun 11, 2021

CBDC: Good or Bad? Guy Gotslak Q&A

2021-07-06T08:57:09-07:00June 11, 2021|Categories: Investing 101|

https://www.youtube.com/watch?v=fM7Xk7fFEAk #1 - IMF Official said ‘A World With More Than One Reserve Currency Is a More Stable World’. Do you think this will pave the way for crypto, specifically Bitcoin, to be a secondary reserve currency?  Guy Gotslak: First, it is true, a world with more than one reserve currency is a more stable world period.  [...]

Jun 9, 2021

Bitcoin vs Environmental Awareness

2021-06-09T11:18:32-07:00June 9, 2021|Categories: Investing 101|

https://www.youtube.com/watch?v=dhzlp-cZXN4 Currently, many investors are concerned with Bitcoin's energy usage and the resources it takes to mine it. Elon Musk has gone on record to state these concerns, but seems to have reconsidered his position recently. With the development of this technology, new ways of mining crypto will make it more efficient in the long run. For example, [...]

Jun 8, 2021

Is Crypto A Threat To The US Dollar? Collin Plume Q&A

2021-06-08T12:58:07-07:00June 8, 2021|Categories: Investing 101|

5 Questions  Will NFT kill art or art experience? If I have $500 and want to start on Crypto, what will you recommend I buy? You are both a crypto guy and gold guy but both are considered a hedge, which one is a better hedge? Will Crypto really take the place of USD as the world’s reserve [...]

Jun 7, 2021

What Makes Ethereum So Valuable? Guy Gotslak Q&A

2021-06-07T13:56:43-07:00June 7, 2021|Categories: Investing 101|

https://www.youtube.com/watch?v=HQAv5AK2aho&list=PLs7IvvPm4-aaPriHoyPUqm66Zq-4-3yne&index=1 Q&A: Guy Gotslak President & Co-founder, MDM With the rise in interest in blockchain technologies, learn why Ethereum is at the forefront of the crypto revolution and why it might be a safer investment than other cryptos in the market today. To start, the Ethereum network has been around long enough to be considered a proven and [...]

Jun 4, 2021

Guy Gotslak On The Public’s Sudden Interest In DeFi

2021-06-04T15:57:50-07:00June 4, 2021|Categories: Investing 101|

https://www.youtube.com/watch?v=JOlGGlFIg_M MyDigitalMoney President, Guy Gotslak on why there is a sudden interest in DeFi and what the future holds for the technology. With more and more countries adopting cryptocurrency as a medium of exchange, especially in the third world, it seems this new technology will go far beyond serving as a currency. Why do you think people are [...]

May 13, 2021

How To Fund Your MDM/Equity Trust’s CryptoIRA

2021-05-13T16:33:59-07:00May 13, 2021|Categories: Investing 101, News and Updates|

Once your Self Directed IRA (SDIRA) with MDM/Equity, there are different ways you can fund your account.  If you haven’t opened your CryptoIRA with MDM/Equity, click here to open an account.  Remember that MDM is in partnership with Equity Trust, a leader in the Self Directed IRA (SDIRA) space. Your SDIRA is under Equity Trust but you will [...]

May 11, 2021

How To Fund Your MDM CryptoIRA

2021-05-11T16:39:59-07:00May 11, 2021|Categories: Investing 101|

There are different ways you can fund your CryptoIRA: 1) Transfer an Existing IRA  If you have an existing IRA - Traditional, Roth, SEP, Simple, Inherited, Rollover - you can transfer those funds to your new MDM Crypto IRA without creating a taxable event or penalty.  If you already have a Bitcoin/Crypto IRA, you can check with your [...]

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