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When the Game is Rigged: The Poverty Mindset

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Part 9. One thing successful people hate more than a lack of opportunity to invest, is people who always beg. You might raise an eyebrow or two but try putting yourself in their shoes before you judge. Would you be happy to be around people who always want to get money out of you? Would you want to be surrounded by borrowers and beggars? The simple answer is no! No one wants to be around those kind of lot. In economic sense they are liabilities not assets. If you invest your money on liabilities than assets, you will enter liquidation and declare bankruptcy. A Yoruba adage says, one rich man in the midst of many wretched people is also wretched. To attract wealth, you must quit begging and start providing answers to questions people ask. Do you want to catch the fancy of a rich man or a person of influence, you have to come up with an answer to a question he ask. This is one great realization you must come to before you rise. In the rigged game of wealth, you have to...

When the game is rigged: The Other Side of the Gap

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Part 6. Between the poor and the rich, there is a gap that can't be jumped or swum. You can be the best in your field but if you don't come to this realization, you might remain mediocre all your life. If you don't believe me, lets examine Edison and Tesla. Nikola Telsa was one of the brightest mind of the 20th century. A winner of the War of currents. On a contract with Thomas Edison's company he recoiled the electric dynamo and created the A. C circuit. As if that's not enough, he postulated inductive electricity in which power can be beamed from masts, much like radio waves. Of course he did all of this but it's a shame, Tesla died in poverty. The reason? he didn't care about the gulf between the rich and the poor. Telsa was a scientist, not a businessman. He thought he could 'smart' his way through. He thought intelligence is the only factor of success and little wonder he failed. Thomas Edison on the other hand attended only...

When the game is rigged: Taking Position

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Part 5. Show me a winner and I would show you an hard worker. It's true, the workaholics are mostly the winners and champions. But before you head to the gym poised to work yourself to death, let him give you a rude awakening, this is not so all the time! Hard work only gets you to the door, it doesn't get you the deal. Of course you have to get yourself to the door to stand any chance of winning, but if you don't have that extra something, you might consider all your work for naught. The reward for hard work is more hard work not success. Success is a gift not won but something you qualify for if you play by the rules of life. In life you would see people who do everything but don't succeed. Then also there are people who don't do much and success flows. It's all about chance and positioning. You can land the best job of your life, if you position yourself well. And by hard work and chance you would ride the highs of success. The chances of lif...

When the game is rigged: The Helping Hand

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Part 4. It's July 1998, and we have reached the business end of the World Cup in France. France square it against current defending champion Brazil. Everyone knew what dangers posed by the Samba boys. It's not a fluke this nation has 4 winners medal to their name. And besides they had the deadliest attacker in the game, Ronaldo De Lima. In a charged arena, finally the whistle went for kick off. The French were on the attack from start to finish and they won their first trophy. Two goals from Zinedan Zidane and a third from Emmanuel Petit secured victory. Now why am I telling you this story? What's all this have to do with succeeding in business and life. Yes, hard working France won, big deal! They won their second trophy last year, what's the point? Yes, France won that trophy but its not that victory which is so important. It's the news that later emerged about how they won. In 2018 former UEFA president, Michel Platini, revealed how they ...

When the game is rigged: The Secret Formula

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Part 3: Studies shows that it's neither the best products that sell the most nor the best boxer which wins every bout. Yes, hard work, persistence, perseverance, a fiery passion and an impeccable altitude are all factors of success but then there is something more. A secret formula which can turn everything, even a sows ear into a silk purse. Every champion knows that despite the fact that they got themselves to the edge of glory relying on being dogged and long suffering, real success wasn't achieved until they discovered the little piece of rare magic that transformed their efforts into victory. An African adage says...that thing which the Elder are using to eat their pudding is under the leaf wrappings... And they also say...If a child knows how to clean his hands, then he would eat with the Elders.... True victory can only come if you have discovered that the games of wealth are rigged and you would need an 'Elder' who deem you clean enough to '...

Four Events that will trigger the next Global Financial Crises

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There are some foretelling signs that shows that the global financial crises is looming, For some times now, Governments around the world are facing an upward task of balancing there sheet when it comes to financing. But the inevitable is here. The governments are in territories that have never been before. The interest is at its lowest in decades and Quantitative Easing is no longer feasible. Printing more money will lead to hyperinflation. Everything is pointing to a looming doom! Here are the four Events as it unfold 1. Government Debt As said earlier that we are now in the territories we have never been before in history of humanities. The Global Financial Debts is in trillions of Dollar. The world reserved currency ($) is weakening by the minutes. Interest is at its all time low and debts are at all time highs. It is not the matter of when that we are going to succumb to the load of debts. We are only hanging by a thread. 2. Negative Stock Market Returns ...

Bitcoin ETF is Damaging, but Unavoidable

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Author of the book ‘Mastering Bitcoin’ and noted bitcoin advocate Andreas Antonopoulos believes that a Bitcoin ETF is imminent. However, he insists that the long-term implication of such fund will do more harm than good for the original cryptocurrency. Intermediary Bitcoin ownership Antonopoulos described an exchange traded fund(ETF) as a fund that has a custodian or a manager who creates a financial instrument that can be traded like a stock but in the actual sense of it, it isn’t a stock. So for a Bitcoin ETF, this fund is expected to hold Bitcoin, and then sell shares in the Bitcoin reserve that represent the price of Bitcoin. This system of investment allows people to buy the eventual shares as ‘stocks’ through their regular brokers, and traded on the stock market. Practically, in this case the investors do not hold or own actual Bitcoins. They simply own shares of Bitcoins owned and held by the custodian. So essentially, it only provides opportunities for market prac...

Steve Wozniak Trusts Math and Bitcoin Over Humans and Fiat, Backs Blockchain Startup

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Apple co-founder Steve Wozniak, a computer engineer and inventor, is explaining why he trusts Bitcoin and its underlying technology over our current financial system. “Bitcoin caught my attention. It had so many unusual aspects for any technology I had ever heard of. Nobody is really known to be the creator. It doesn’t have any centralized [component]. It’s based on mathematics. There’s a certain number of Bitcoin that can ever exist… Mathematics to me is like nature. It’s much better than human beings… I trust those things of nature more than what man makes up. Man makes up currencies, controls them, and issues new US dollars every year. Bitcoin was immune to that.” https://dailyhodl.com/2018/08/20/steve-wozniak-trusts-math-and-bitcoin-over-humans-and-fiat-backs-blockchain-startup/ F

Binance LCX to introduce Fiat-to-Crypto Trading in Lichtenstein

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Binance, the world’s largest cryptocurrency exchange by means of trade volume, and a local professional Swiss cryptocurrency exchange will be making a fiat-to-crypto exchange available for its users. Binance Continues to Grow According to the official announcement, Binance will be responsible for the technology and the maintenance of the platform whereas the joint venue, called Binance LCX, will be managing the customer support, due diligence, legal requirements, KYC, AML, and so forth. Reportedly, the plan is to build up a team of up to 15 people for the office in Liechtenstein. The new venue will enable traders to exchange Swiss Francs (CHF) and Euros (EUR) against some of the major cryptocurrency pairs. More trading pairs are going to be added after receiving regulatory clearance. Focus on Serious Investments While there is no mention of required minimum trading amounts, the new venue is seemingly geared towards catering to the needs of professional investors. ...

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When the game is rigged: The Helping Hand

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When the game is rigged: The Other Side of the Gap