Growing 7-figure SMBs using bitcoin with Bobby Shell
The Bitcoin Frontier
Impact of Bitcoin Price Increase on Entrepreneurship and Skill Development
A rise in Bitcoin price to $500k could lead to more people engaging in entrepreneurship due to potential tax incentives from the government. The increased value in Bitcoin can prompt the government to offer tax benefits, similar to those in real estate, to encourage investment and reduce tax consequences. Additionally, the capital freed up from asset exchanges can spur further investments. Over the next decade, individuals are expected to enhance their skills to stay competitive globally. The need for upskilling and the potential gains from Bitcoin price appreciation may inspire individuals to venture into entrepreneurship, as they feel capable and equipped to do so.
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