I got an email the other day from a CPA asking how they can help a client buy lots of bitcoin right away. I immediately thought of three questions everyone should answer in this scenario.
1) How much bitcoin do you need?
2) How fast do you really need the bitcoin?
3) What do you need it for?
The three questions are critical for determining the best way to buy bitcoin fast. Sometimes you can buy less than $1000 instantly, but if you need more it might take a few days. You may be asking what difference does it make what I need bitcoin for? CPA's don't ask erroneous questions and as the most trusted professionals we want to solve your challenge so we need all three answers to give you the best advice.
Golden Rule of Fast Bitcoins (the First Time)
The more bitcoin you need the longer it will take to get and the more you have to indentify yourself.
The less bitcoin you need the faster it will take to get with more options and it can take more or less work.
CCC Blog #2:
I was visiting a friend in NYC and found myself in his apartment on a rare Saturday morning with a few hours to spend. I turned on the TV, which I also rarely do, and came across an excellent public television fundraising campaign coupled with a presentation by Dr. Amen regarding brain health. This is another great topic and I highly recommend you check out Dr. Amen's work. He combined expertise as a medical doctor and psychiatrist to create a brand-new approach to brain scans and brain health.
Brain Heath a No-Brainer
Dr. Amen was offering all of his best work including books and courses in print and audio versions making it an absolute no-brainer (no pun intended) for a one time pledge of $240 or $20 per month especially considering the proceeds benefit public television. I eagerly called in to pledge my support and get started with the various programs and my commitment to long-term bring health. I proceeded to handover all my credit card information per the...
CCC Blog #1 Part 2:
Make sure to read Part 1 if you haven't done so. A Billion Dollar Company Can't Get It Right so I had to explain how they had incorrectly deployed the wrong system. Banks do not care if you give them an incorrect address for a credit card assuming that it's done in good faith. Therefore, a credit card address verification is simply a matching exercise not an exercise in correctness or completeness.
If you provide an incorrect or incomplete address to a bank and you supply the exact same incomplete or incorrect address when you buy something with a credit card, then the addresses will match and you get your stuff.
The funny thing is our address works because we receive all of our mail there. No one knows their address better than themselves.
270 Times Longer & No Results
Now I'm furious because it's two hours and 15 minutes later with no results. They simply apologized and said they couldn't figure out how to take my money. It should've taken 30...
CCC Blog #1 Part 1:
This is the first blog post in a series called Credit Card Chaos™ inspired by a chapter in my book, The Ultimate Bitcoin Business Guide™, with the same name. The chapter highlights the ridiculousness of the theory of how credit cards work so this blog complements the theory by showcasing real life ridiculous credit card stories. The following is a good one so read on and enjoy.
Extreme Credit Card Pain
My first blog post on this topic came for my own life story of extreme credit card pain. As you probably know by now I am a CPA and business advisor specializing in cryptocurrency including tax advice. As another tax season rolled around for 2016 it was time to renew our intuit ProSeries Tax Software. Our ProSeries Rep suggested that we try a new web based product called Intuit Tax Online.
The benefits seemed obvious so we eagerly signed up, transferred and converted all the prior year tax files and completed our first client tax return of the year....
New Year's Day fell on a Friday in 2016 creating a worldwide 3 day banking holiday adding 3 days to every financial transaction. If you wanted to execute a banking transaction during this time that you would otherwise be lucky enough to complete in 4 days then your total transaction time would be, you guessed it, a week. Doesn't it seem mind boggling that we can send an information message to anyone anywhere in the world 24 hours a day instantaneously with no cost? When we send money using the traditional banking system we could go on vacation for a week and come back home before the transaction is complete.
Are you beginning to see the silliness of our centuries old banking model. I saw it right away as soon as I discovered bitcoin and found the soul searching reason I had been looking for all these years as to why I had such a disdain for banks. (Hey banker friends don't take it personally, even David Andolfatto, Vice-President of the St. Louis Federal Reserve Bank said,...