InternetMoney Records, often credited as Internet Money, is an American record label and record producer collective. It was founded in 2015 by American record producer Taz Taylor, who serves as the chief executive officer (CEO). The producer collective consists of Taylor himself, Nick Mira, Spaceman, DT, HANEZ, Cxdy, E-Trou, JR Hitmaker, KC Supreme, MJ Nichols, Pharaoh Vice, Census, Paryo, and Birdman Zoe. A blend of a YouTube channel, record label, and producer union, Internet Money is a medium and agency for producers, as well as an aggregator.
As a collective outfit, Internet Money has produced for multiple songs that have proved commercially successful on the Billboard Hot 100. Members of the collective have produced for artists such as Lil Tecca, Juice Wrld, Trippie Redd, the Kid Laroi, Lil Tjay and YoungBoy Never Broke Again, among others. On August 28, 2020, Internet Money released their debut album, B4 the Storm, which peaked at number ten on the Billboard 200. It was supported by the single, "Lemonade" (with Gunna, Don Toliver, and Nav), which peaked at number six on the Billboard Hot 100. Their beats are known for their heavy use of the 808.
In 2016, American record producer Taz Taylor started Internet Money Records.[1] Taylor believes that Internet Money is a way to help producers make money off of music using the same techniques he uses.[2] In 2018, Internet Money signed a record deal with Alamo and Interscope Records.[3] During a stint in mid-2019, Taylor's relationship with Alamo and Interscope soured. By late summer, Taylor had agreed to a buyout with Alamo and Interscope and signed a new record deal with TenThousand Projects and Virgin Music, giving him more control of who he could sign to the joint venture.[4] On August 16, 2018, Internet Money was featured alongside American rapper 03 Greedo on fellow American rapper Mozzy's single, "Free Greedo".[5]
On October 11, 2019, Internet Money released a collaboration with American rappers Lil Tecca and A Boogie wit da Hoodie, "Somebody", as the collective's debut single. The song entered at number 96 on the US Billboard Hot 100 and received platinum certification by the Recording Industry Association of America (RIAA).[6] On April 17, 2020, they were featured on Lil Tecca's single, "Out of Love", from the latter's debut studio album, Virgo World. On August 14, 2020, they released a collaboration with American rapper Gunna and American singer Don Toliver, "Lemonade", which features Canadian rapper Nav.[7] The song reached number six on the Hot 100, becoming Internet Money's highest-charting song, and received triple platinum certification by the RIAA. Exactly a week later, they released the promotional single, "Thrusting", which features American rappers Swae Lee and Future. Internet Money released their debut studio album, B4 the Storm, on August 28, 2020. The album debuted and peaked at number 10 on the US Billboard 200 and received gold certification by the RIAA. "Somebody" and "Lemonade" served as the respective lead and second singles of the album, while "Thrusting" served as the sole promotional single of it. After the release of the album, "Lemonade" received two remixes. The first remix of the song, which replaces Gunna and Nav with American rapper Roddy Ricch, was released on September 30, 2020. It was added as the only new addition to the complete edition of the album, which was released on October 23, 2020. The second remix of "Lemonade", which is a Latin remix that adds Gunna and Nav back and replaces Roddy Ricch with Puerto Rican rapper Anuel AA, was released on November 20, 2020. On the same day the latter remix was released, Internet Money released a collaboration with Lil Gnar and Lil Keed, "Hey!".
On March 26, 2021, Internet Money released a collaboration with Lil Tecca and American rapper Lil Mosey, "Jetski", which possibly serves as the lead single of the collective's upcoming second studio album. On April 8, 2021, they were featured alongside American rapper Lil Skies on fellow American rapper Snot's single, "Whipski". On May 13, 2021, they released a collaboration with Don Toliver and American rapper Lil Uzi Vert, "His & Hers", which features Gunna, as the potential second single of their next album. The song debuted and peaked at number 67 on the Billboard Hot 100 and received gold certification by the RIAA.[8] On July 29, 2021, they released a collaboration with Hong Kong singer Jackson Wang, "Drive You Home". On December 10, 2021, they released a collaboration with American rappers Dro Kenji and Scorey, "Finders Keepers". On January 21, 2022, Internet Money released a collaboration with American rapper YoungBoy Never Broke Again, "Flossin'", as the possible third single of their next album, but appeared as the only new track to the deluxe edition to YoungBoy's commercial mixtape, Colors, which was taken down later. The song debuted and peaked at number 72 on the Hot 100.[9] On March 24, 2023, Internet Money released a collaboration single "I Remember" with Roddy Ricch and Kodak Black.[10]
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Land, people, equipment, and infrastructure all add up and reduce the bottom line of mining. Wells Fargo made its money selling shovels and pickaxes, not mining gold. Because of this, the incentive to mine (increase flow) gold for the economy does not exceed the stock (existing supply) to the point the asset becomes worthless. The stock-to-flow ratio will come around again later as we apply this concept to Bitcoin. (If you would like to learn more on this topic, I recommend reading The Bitcoin Standard by Saifedean Ammous. This book breaks down money and Bitcoin in a more detailed way and, in my opinion, is a must-read for people who want to understand what they are investing in before they do it.)
Bitcoin enables you to have the same powers as the banks and the high-net-worth individuals by using the network to validate transactions instead of Brad the banker and his trusty polished-brass vault. In short, it uses a decentralized trust network to confirm information. You can take your money of choice, buy Bitcoin or even stable coins that are pegged to the value of the US Dollar, and stake them or put them in the blockchain's version of a savings account and earn anywhere from 5% to as much as 25% a year on your own assets. You can also lend out your money and earn even more interest. Need a loan? Place your token of choice into decentralized finance (DEFI), stake it, and take out a loan against it. In so doing, you will pay off your loan with the appreciated interest on the token. Your rate on the loan maybe 4%. The interest you're earning on your staking is perhaps 15%. Do the math yourself.
The answer to this question is simple. Because people are willing to pay for it. Money is the communication of the perceived value of something. Where is the value? The value is the network itself, the user's security, safety, and immutability. Trade your inflationary money for deflationary assets. From an economic standpoint, we needed this evolution urgently as a society. Now you can invest your money into something that you can easily access anywhere in the world. This is one of the properties of Bitcoin that sets it apart from gold. It's the internet of money.
So, where is all this going? Well, let's look at where we are to try to understand. First, big money has started to enter the market. Companies such as Micro Strategy and Tesla have entered by purchasing large quantities of Bitcoin and announcing it publicly. We most likely have other institutions that have put Bitcoin on their ledgers and have just not made it public. Secondly, we now have the country of El Salvador declaring Bitcoin legal tender. In the world market, other countries must respect their decree and accept payment in Bitcoin if they so choose. Finally, Jack Dorsey, the former CEO of Twitter, has moved on into the crypto sphere. He believes that the most important work he can do with his life is working on blockchain and crypto. This is just the latest news. This space is expanding at a higher rate than the internet. You must follow the narrative as it changes at a rapid speed. Keep focused on self-education and follow the big money, as we continue discussing below.
The Iron Bank does not understand but may one day realize everyone can win here! Bitcoin has a way of rewarding those who try and learn more. Banks will most likely try to offer "safe harbor" for your cryptos with slightly higher APYs. They will inevitably need to do more if they wish to still exist in twenty to fifty years. Banks of today may even become decentralized as they evolve. The blockchain isn't trying to get a bonus. It doesn't care about a house in the Hamptons, and it is not trying to keep up with the Joneses. It may inevitably give those opportunities to you if that's the path you so choose. It rewards trust, patience, loyalty, and education with a higher yield on your investment.
Companies are entities that (typically) sell things to make money. Tesla sells cars (and occasionally carbon credits), Apple sells iPhones, McDonald's sells burgers, and Amazon sells everything. All of these companies that sell things are owned by someone, and sometimes these ownership stakes change hands:
Thanks to the stock market, buyers and sellers of companies' shares can transact in real-time. Maybe I think Amazon is overvalued, while you think it is undervalued. Through the stock market, I can instantly sell my stake in Amazon to you for $127 a share.
Of course, some would say, "Wait, those 'stocks' are worthless unless they issue dividends!" After all, without dividends, the stock is not providing me with any money. And when the only way to make money is by selling to someone else, aren't stocks just an example of Greater Fool Theory?
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