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Skill Incubator Blog

The Skill Incubator blog is your place to learn everything investing, entrepreneurship and how to create a financially free lifestyle.  
Tips for Protecting Your Bitcoin Investments

Tips for Protecting Your Bitcoin Investments

There are two main camps of Bitcoin investors. It’s helpful to think of them in terms of active and passive investors, either way, it is important to know how to best protect your bitcoin investments. Passive investors would like to treat their Bitcoin holdings like a...

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Debunking Bitcoins Top Criticisms

Debunking Bitcoins Top Criticisms

It’s easy to get swept up in the hype surrounding cryptocurrency. It’s new, it’s tech-based, and a lot of people have made a lot of money. On paper, Bitcoin, in particular, seems great. It’s a way to transfer money from Point A to Point B quickly and securely without...

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The Minimalist Guide to Unique Blockchain Use Cases

The Minimalist Guide to Unique Blockchain Use Cases

Here’s one of the key negative things you’re likely to hear about the 1,600 odd Bitcoin alternatives – altcoins – floating around on the internet – many of them are just new and interesting ways to spend money. Strike that. The vast majority of them aren’t even really...

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Does Blockchain Really Need a “Killer App?”

Does Blockchain Really Need a “Killer App?”

As interest in blockchain technology continues to rise, many in the crypto sphere debate how to push rapid adoption of the technology into mainstream society. The strongest push seems to be behind the creation of a “killer app” to drive people to the platform in the...

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How to Set Up a Bitcoin Wallet in 5 Minutes

How to Set Up a Bitcoin Wallet in 5 Minutes

You’re ready to jump into the Bitcoin marketplace, you’ve done a little research, and now you’re ready to set up a wallet. That’s like an online bank account, right? Yes and no. We’re going to take a look at what a Bitcoin wallet actually does, survey the options...

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The World of Bitcoin Banking

The World of Bitcoin Banking

When unknown creator Satoshi Nakamoto first envisioned Bitcoin around 2008, the driving force behind the project was the expulsion of banks and government regulatory agencies from financial transactions. Nakamoto pictured a system whereby lines of code on the internet...

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The Crypto Guide to Traveling

The Crypto Guide to Traveling

The digital world of cryptocurrency is slowly but surely bleeding over into the real world. It’s always been possible to pay for real-life goods with Bitcoin. Some of the earliest Bitcoin adopters, in fact, were pizza shops. Internet legends abound concerning some of...

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The Best Cryptocurrency Tax Tools

The Best Cryptocurrency Tax Tools

You got into Bitcoin last year, made some trades, and now it’s time to pay your cryptocurrency tax. That’s right. Even though Bitcoin was founded on the idea of cutting go-betweens out of the whole financial process, the U.S. Internal Revenue Service still wants its...

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Six Startup Business Mistakes That You Should Avoid

Six Startup Business Mistakes That You Should Avoid

Starting a small business is a dream come true for more and more Americans tired of the corporate life of long commutes, more extended hours, and battling through bureaucracy and office politics to advance their careers and earn more money. Of course, if owning your...

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How To Take Charge Of Your Cryptocurrency Taxes

How To Take Charge Of Your Cryptocurrency Taxes

The cryptocurrency world was confusing enough before the U.S. Internal Revenue Service got involved and cryptocurrency tax was born. In late 2017, the IRS ruled that the like-kind loophole popular with real estate investors did not apply to cryptocurrencies, so taxes...

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