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Level 1 Wealth: Take your fiat dollars and put them to work buying appreciating assets. Level 2 Wealth: Turn those assets into collateral. Borrow conservatively against them to acquire more assets with DeFi lending. Allow your wealth to keep compounding without selling your original investments. Buy. Borrow. Die. Under current U.S. tax law, heirs generally inherit qualifying assets with a stepped-up cost basis. The wealthy don’t just make money work for them. They make their assets work for them, too.

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