Chain News by Thebittimes.Com

As he continues to warn about the nationwide crisis that he believes is about to sweep the United States, Robert Kiyosaki has predicted that the collapse will begin in California for a number of reasons and then spread across the rest of the country, with other states to follow. Specifically, the popular investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ has referred to California as a “bell-weather [sic] state,” explaining that it means “what happens in California happens to the rest of the US,” according to his X post on July 30. California is a BELL-Weather state. That means what happens in California happens to the rest of the US. The problem is California is going broke. California will begin raising taxes and cutting subsidies to the poor, to prisons, environmental problems, and teachers unions.… — Robert Kiyosaki (@theRealKiyosaki) July 29, 2024 Indeed, Kiyosaki was referring to the term “bellwether,” which the Cambridg...

Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives. Political and economic tensions around the world are making some people more willing to receive their pay in cryptocurrencies like Bitcoin (BTC), according to executives in the human resources industry. The share of salaries taken in cryptocurrencies and stablecoins has been on the rise over the past few years. This trend is driven not only by prominent athletes and politicians taking their pay in crypto, but also by ordinary people who want to hedge against all kinds of instability, according to goLance co-founder and CEO Michael Brooks. Several factors have triggered a surge in crypto salaries, including increasing acceptance as a legitimate payment method, growing education and new technological developments, Brooks said in an interview with Cointelegraph. The economic conditions in various parts of the world have also influenced the surge in crypt...