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Crypto Taxes, Creating A Win-Win Situation

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  If you have been in Crypto or blockchain for a while you probably know just how crazy and stressful dealing and planning for the taxes can be. While there is some really cool tools out there to help, this article isn't about preparing for your taxes. This is actually a thought piece and an idea of mine about how we could not only ease the burden of crypto taxation but possibly do far more.  Imagine a world where we not only, did we as a people have no taxes, but we were paid to be citizens of wherever we decided to live. No, in this fantasy land we did not over through our government and now we live in some lawless society. Our Government is still very much around and we have found a way to replace the monetary need of our government and possibly given them more money to be able to help build a better society. Best part is, is this new system is all proportionate to the amount of each "tax payer". So wealthier people will be able to contribute more than those in the mid...

11 Use Cases for Blockchain Technology

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Believe it or not Blockchain technology has been around for over 30 years now. The idea of the  technology was first described in 1991 by Stuart Haber and W.Scott Stornetta who introduced a computer solution to time stamp digital documents to avoid tampering. Move to 2008 blockchain as we know it is invented by Satoshi Nakamoto serving as a public transaction ledger utilizing bitcoin. With so many advantages of blockchain technology that can be brought to the world, I had to be selective in choosing these few to share with you. Welcome to TheChrisMarshall.com the place to grow and get inspired about the future and Financial Freedom. If you're not subscribed yet you're missing out. So let's get started. 1. Banking Reimagined We all want to keep our money safe and secure and blockchain provides the next generation of security. Banking would be faster, cost less, would have 100 accurate record keeping and above all would be far more secure. Blockchain doesn't just benefit ...

Think on Things of Thanks

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  This week I'm taking a break from my normal blogs in observance of thanksgiving and my birthday. I turn 29 the day after thanksgiving this year, and I'm incredibly thankful for all those that are around me that lift me up, give me encouragement and give me advice. As of writing this my family is still  not quite at financial freedom but we are almost there. Its such a blessing to wake up each day and feel this sense of peace when you know you are on the right track. Sure there are still struggles and worries. For years people have said that we are incredibly lucky or blessed and that we better watch out cause those blessing may stop and then what will you do? They would say these things because the way in which we invested either or time or money would give us such a huge payoff that most people couldn't believe that we were able to achieve those levels of returns.  At the time I didn't think what i was doing was all that special or different, I've always had the ...

How Blockchain Will Revolutionize Business and Money.

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Did you know the technology likely to have the biggest impact on the next few decades has already been around for 3 decades. It's not Social Media, Big Data, or Robotics. It's not even AI. It's called the blockchain, the average person has heard of bitcoin, but that’s about as far as their understanding of what the blockchain is, goes. I believe this is the next generation of the Internet and that it will change every aspect of business, government, and everyday common life. For a while now, we've had the Internet of information. I can email you a file, when I do, I'm actually not sending you the original, I'm sending you a copy, this is democratized information. When it comes to assets, things like money, stocks, intellectual property, music, art. If I were transferring my ownership of something, it would be really important that I wasn't transferring just a copy of that asset while I still had the original. Currently we rely on systems we can trust like ba...

Blockchain Technology And Crypto Currency - Understanding The 3 Trillion Dollar Beast.

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     Over a decade after the emergence of Bitcoin and nearly 3 trillion dollars invested into the crypto market if you were to ask the common person on the sidewalk about it, they probably wouldn't be able to tell you much if anything about what it is or how some people are making millions from it. Over the last year, as of writing this, the market cap of the entire crypto market has increased by 2.5 Trillion Dollars which currently makes it worth more than the entire company of Microsoft which has the highest market cap of any publicly traded company sitting at about 2.5 Trillion Dollars. So why if its this big of thing do most people not know what it is or why its important? I'm not here today to discuss the various conspiracy theories out there of why its being held back although if this article interests you, I would urge you to begin diving into the subject and decide for yourself. Instead I intend to give my best and simplest explanation of what Block ...

ROI - Understanding What You Get For Your Investment

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 ROI or Return On Investment, put simply is what you get above and beyond what you put into an investment. Most commonly this is used in reference to a monetary amount but you need to think about more than the money if you want to invest for financial freedom. If you have been an investor for a while you probably know how to calculate ROI but if your not sure or are new to the game lets all get on the same page. ROI, when talking about monetary value is calculated as follows. ROI = (Total Return on Investment / Cost of Investment) x 100. Before we get to in the weeds lets look at a real quick example.  Lets say you give someone $100 and they give you $125 back after a month. So we would write it as $125/100 = 1.25 x 100$ = 125% ROI after only a month. It might not sound like much but that is actually a very good return. consider that an investment of $1000 in the same situation would be worth $4000 after 1 year, not accounting for compounding interest. A much more realistic nu...

What Most New Entrepreneurs Get Wrong

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For most entrepreneurs, the beginning of their business starts with the "Ah ha!" moment when inspiration strikes like a light bulb suddenly flashing to life in the midst of the dark of night. They become so consumed by their new passion they believe that it's merits will be self evident and the product or service will fly off the shelves. For some that avoid that train of thought, they face the chicken and egg conundrum. They realize that getting paying customers in is top priority so they can make money but without money how can they build the product or service let alone the team and business behind it all.  This is where most entrepreneurs struggle, give up, or fail. Lets get one thing clear, Sales is king, sales must be the top of your thoughts day in and day out, especially when your an entrepreneur. Grant Cardone in  "Sell Or Be Sold" said it best. "In life your either selling or your being sold" Think about that for a second, every decision we ...