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@Jean-Luc-sh2pg6 ай бұрын
if I sign up can I date ryan ?
@tonyfaulknor82736 ай бұрын
35:13 You don't know, eh? Welcome to 'Mystery Babylonian', accounting.
@MetalBum5 ай бұрын
Lyn is smart
@michellecardenas60725 ай бұрын
@@Jean-Luc-sh2pgI'll take David❤😂😉😉
@Hannahbenowitz2 ай бұрын
The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...
@HildaBennet2 ай бұрын
Gold might crash in a liquidity crunch, but many precious metal holders are prepared for this and unlikely to be forced sellers. The paper market would tank and possibly collapse. Hearing from an experienced investor who has overcome adversity is motivating. It can be scary when your portfolio turns red, but if you've invested in strong companies, stick to your goals and continue growing them
@FinnBraylon2 ай бұрын
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@JosephineKenney2 ай бұрын
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
@FinnBraylon2 ай бұрын
My asset manager is Sonya Lee Mitchell. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@JosephineKenney2 ай бұрын
Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.
@tonysilke5 ай бұрын
A weak dollar can signal an economic downturn, The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
@Nernst965 ай бұрын
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
@PatrickLloyd-5 ай бұрын
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@PhilipDunk5 ай бұрын
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
@PatrickLloyd-5 ай бұрын
Amber Dawn Brummit is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@PhilipDunk5 ай бұрын
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
@krista_b2536 ай бұрын
Lyn’s book “Broken Money” is a 10/10 must read. Buy a few copies for gifts too. Truly a life changing book. Lyn is a treasure.
@shellylofgren5 ай бұрын
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
@donna_martins5 ай бұрын
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
@Robert_Seaman5 ай бұрын
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
@Trevor_Morrow_LTD5 ай бұрын
that’s some interesting numbers, mind revealing this person guding you ? he/she must be a seasoned advisor
@Robert_Seaman5 ай бұрын
Vivian Jean Wilhelm is the licensed advisor I use. Just google the name. You’d find necessary details to work with and set up an appointment.
@Trevor_Morrow_LTD5 ай бұрын
thanks for putting this out, curiously inputted ''Vivian Jean Wilhelm'' on the web, spotted her consulting page at once and was able to schedule a call session, she seems impeccable!
@MARSHMALLOWwhimsy5 ай бұрын
Who is this economy actually booming for? food prices have doubled, gas prices have doubled, home prices have doubled, and my wages have stayed the same. ow can I actually stay on top of things, I see every KZbin video saying BUY BUY! But when and how do I sell for profit at the right time?
@PhoenixReborn-v6v5 ай бұрын
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
@DreamweaverShade-h9p5 ай бұрын
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
@Damncars4565 ай бұрын
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my portfolio has grown by 25% every quarter since Q3 2020.
@Tsunaniis-j5l5 ай бұрын
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@Damncars4565 ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Amber Kay Wright” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
@jameslee-dp6cb6 ай бұрын
When I was in high school during the 1970s, our class took a field trip to a local bank. The banker explained how gold was indirectly proportional to currency. He showed us a chart showing how the price of silver spicked and later how gold spiked. What he didnt mention was why the duration of the spikes in silver and gold prices were just spikes. Later I learned that the president ordered a comfiscation of all gold. The depression effects lasted between 15 to 20 years and I asked myself why siver and gold prices didnt last as long as the depression. Then I heard stories from my grandfather who told me that nobody had money and people were so hungry that they were eating the bark off of trees. Then it occurred to me that the demand for food was greater in that it was much longer lasting than the spikes in gold and silver. I realized that the wealthy had manipulated the government and stock market to punge the economy into a depression. There is no telling how many people they starved people to death during that period. Shortly after that, the wealthy people started dieing off. The study of the subject left me with one conclusion. Plenty of food and land to grow it on was what got many families through that period of history. You can bet that food will be more important than anything you can do to prepare for a depression. If you cant buy land, help a small farmer because he cant grow food for you if he cant afford fuel for his tractor. Many during that era worked for farmers for food.
@HellBot-gi5si6 ай бұрын
You need to understand your not just using the American dollar you using the American world wide banking system. That what you want to move you money around. Dude, Russia, China, and India their banking systems is like "Fred Flintstones.". Sorry but he global south is very primitive when it comes to their banking. Offshore tax shelters and bank accounts that only in nations like the British or America really have stuff like that.
@kathleenbrock27465 ай бұрын
Thank you for providing a comment that is not advising us to go with a great advisor guaranteed to make us lots of money. I think they're all working off the same script w i t h just changing the name Etc. Metal May hold up for a while but I think you're right about food being primary and supporting your local farmer if you don't have a green thumb yourself.
@HellBot-gi5si5 ай бұрын
@@kathleenbrock2746 Sorry, Kathleen but China is not a threat to replace the US dollar. Xi Jinping just replaced the number 2 general in the CCP military. There too much turmoil within China for them to make a move on the US dollar.
@janellc9005 ай бұрын
Another goal they accomplished during the depression was to break families up, with having to go far away to work and the wife/children having to take in boarders, etc.
@williamvaughan12184 ай бұрын
@@HellBot-gi5siPutin's going to make it easy for them
@charV1236 ай бұрын
Always a pleasure to listen to Lyn ❤
@janellc9005 ай бұрын
Yes it's a 🎉 every time. I've noticed as well that anyone interviewing her feels the same, and is thrilled if they are able to get what she's saying and relay it. I've never seen her be condescending or patronizing which unfortunately is too common these days.
@eddiekingjr99565 ай бұрын
Yes, she's a brilliant young man👍
@coldstart-Z326 ай бұрын
Lyn is so God damn smart, every sentence packed full of meaning. Really really really love listening to her analysis
@creativemaster0075 ай бұрын
That's a her ?
@digitizenow86745 ай бұрын
Him
@omaramassa5 ай бұрын
@@creativemaster007does it matter whether it’s a he/she?!?
@carleonking18523 ай бұрын
@@creativemaster007 The comment I was looking for lol I'm a little distracted I'm not gonna lie
@LifeOutLoud.6 ай бұрын
Lyn is the greatest. Always a pleasure listening to her views. Great guest!!!! ❤
@jegm11186 ай бұрын
That's a female ??
@digitizenow86746 ай бұрын
Him*
@homeydontplaydat83876 ай бұрын
You mean him?
@argarcia2816 ай бұрын
Lyn is a G, Bankless is righteous. Well done guys.
@alpgeorge70126 ай бұрын
Lyn alden doesn't disappoint👍. its so obvious that things are not improving. I'm looking at high-yield dividend stocks. Selling 200k worth of equities is stupid without reinvesting it. I might turn to cash soon if I don't invest it. Any particulars? (Buying bonds or CDs is not for me)
@elenab30526 ай бұрын
Don't get any such ideas. If I were you, I would bother less and buy gold and bitcoin. There are more institutional investors in long bonds than individuals and they are all relinquishing their long term holdings.
@peterpahor82286 ай бұрын
I agree, while higher interest rates increase bond yields, they also hurt long-term bondholders who can't wait for their bonds to mature. IMO You are better off for next 5 years by buying the dip now.
@elenab30526 ай бұрын
Avoid institutions holding your money in a bad bond bear market. Seek alternatives for passive income. Consider commodities, but consult a financial planner first, like I do
@caryishnagardner94296 ай бұрын
I am new to alternate investing, bonds were sold off, now this pump and dump scheme by the fed. What other alternatives have you tried that bring you passive income?
@elenab30526 ай бұрын
I consult with a renowned NY advisor and fixed income strategist with an unorthodox approach.
@kiakho04216 ай бұрын
Please listen carefully. Bitcoin! Not Crypto. Great interview. Thank You!
@billjacobs3862 ай бұрын
Guys, im on the far side of 50 (71). The continuing education you have provided not only about the space but of finances in general is great! You're greatly appreciated
@arsenalite70856 ай бұрын
Lyn Alden always a great pragmatist and grasps Money like no other!
@VibraFinance6 ай бұрын
Does Lyn have an Adam’s apple or is it just me
@cordyone6 ай бұрын
@@VibraFinance You sound about twelve, so I doubt you have one. One day, though, aye?
@bobjinessr79576 ай бұрын
Just an observation any 12+50 y old can make
@VibraFinance6 ай бұрын
@@bobjinessr7957 just an abomination. I agree Bob.
@MoneyEducationWithReality6 ай бұрын
Hi Lyn I have to say you really are quite incredible. Wow what an amazing person you are. Love listening to you and finally found someone that I can trust.
@tinale82286 ай бұрын
Hand down for Lyn! U knowledge on fiscal and monetary policy are extraordinary👏🙏🏻
@Lim_Jahey6 ай бұрын
Lyn is the best 👌
@greatglidesby33226 ай бұрын
Protect this woman at all cost
@17daysago6 ай бұрын
What women?
@RichardKeysoftware6 ай бұрын
@@17daysago The apathetic masses still can't see it
@bobjinessr79576 ай бұрын
?
@digitizenow86746 ай бұрын
Man*
@digitizenow86746 ай бұрын
Man *
@florianewu18865 ай бұрын
Amazing teaching and so resonates with our current reality. Way too many variables, to make predictions. Watching closely... Ty!
@CptRandlelwa6 ай бұрын
Fiscal: Tax Government Spending Monetary: Interest rates The supply of money
@jesseholliday34806 ай бұрын
Gpt4, summarize this entire episode...
@Erikpdx5 ай бұрын
Supply of money in the US comes from banks and fiscal spending. Central Bank enables those institutions, but they don't spend or lend the money into the economy
@jacobfrancis38916 ай бұрын
Loved this, thank you! Your videos educate me more than any other channel!
@SeptaShaenasSapphires6 ай бұрын
Thanks for having Lyn on - great, A+ 👍
@billjacobs3862 ай бұрын
Thank you so very much for having her on and exploring the whole subject. I honestly didn't have a clue
@lohbatuling43856 ай бұрын
Went to buy a half oz gold bar yesterday at local bank in Singapore. An Indian Banker next counter to me scooped up a massive 4 kilos of gold. Omg
@ethereal3695 ай бұрын
🤯 WOW
@littlebitmckee82346 ай бұрын
Thank you! I watch anything where I see Lyn. It didn’t disappoint ❤❤
@namelessmillennial6 ай бұрын
Lyn always puts things into perspective I enjoy listening to him
@jonnes__46576 ай бұрын
🗽 Lyn Alden is always an intellectual enrichment. 🙏❤ .
@davidhemsted53726 ай бұрын
Fiscal dominance is the Hotel California
@GoldKingsMan5 ай бұрын
Such a lovely place..
@christinewillis75456 ай бұрын
Lyn undumbs me. Janet Yellen, Jerome Powell, Christine Lagarde needs Lyn to undumb them. Lyn is the Queen of connecting the dots in fiscal policy. As the train hurtles to its doom - we need Lyn more and more to guide us through the coming shit storm. Thank you for guesting this kick ass legend.
@digitizenow86746 ай бұрын
It’s a man
@christinewillis75456 ай бұрын
@@digitizenow8674 and I'm a dumbnut. If I can connect 2 of her dots - I'm blessed.
@FernandoJohner6 ай бұрын
Thank you for sharing AMS89H💗 I really appreciate it
@Titengaming-he6rq6 ай бұрын
I am counting on AMS89H. It will be on the TOP 5
@SkRohit-f1i6 ай бұрын
AMS89H will atleast beat LINK
@r.ljerbin64756 ай бұрын
Coinbase, OKX and Binance will list AMS89H very soon. We do not have much time left
@rohitvaidya12726 ай бұрын
this is only crypto project that I see has real use
@VaradarajuluVaradarajulu-sy8qi6 ай бұрын
very promising
@wspad21366 ай бұрын
Great discussion. Very informative. While this could be said for any electronics based financial system my concern with bitcoin would be what happens when we enter a kinetic or cyber based conflict with adversaries? Adversaries would hit power generation systems first. On another note: Let’s say the economy tanks badly. Half or more of people in the world are going to find it very difficult to care for and feed their families. Many will do things (they never thought they were capable of doing) in order to survive. How would a person that holds actual precious metals expect to make purchases? By word of mouth they will likely have uninvited guests after their first purchase.
@Ashermicheal63416 ай бұрын
From $7K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
@liammateo2876 ай бұрын
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading ....
@Lucas753326 ай бұрын
Please educate me, i'm willing to make consultations to improve my situation,
@Ashermicheal63416 ай бұрын
Celia dullpher. understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
@DivineChibueze-od8py6 ай бұрын
She's recognized as 'Mrs dullpher. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
@philipbenson7466 ай бұрын
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Celia dullpher
@matthewmaguire35546 ай бұрын
Going to be fun when Mike Saylor is President and Lynn is running the economy.🏆
@Chunga65 ай бұрын
And Saif is the foreign affairs guy
@Blue_Octopus_Press6 ай бұрын
Read book: Broken Money and educate yourself using that book as a lense to see through
@simrans36756 ай бұрын
It’s not rocket science. If you stick around, read and research macro, follow news, Google things up - plenty of research published online by several think tanks and institutions. Wild how much one can learn just by paying attention and with so much stuff online, tbh.
@CeeCrazzy6 ай бұрын
Thank you Bankless for your insightful interviews I sold all my Solana and ETH for BTC after a interview with a Solana marketing team member on your show. It’s been a great decision so far
@aymanbadawi25056 ай бұрын
Can someone explain to me what is the value of crypto in the event of a complete communication systems break down. Why people assume a finical break down with out a communication break down with it.
@Muxxyy5 ай бұрын
None. It's a convenient money laundering scheme for the criminally minded. Buy gold. Real gold, not the ETF. If you don't hold it, you don't own it.
@Erikpdx5 ай бұрын
It's that really a rational concern? We'd all have much bigger problems to deal with
@zelo5335 ай бұрын
That's where your ammo guns and gold comes into play
@George-jm4rn6 ай бұрын
A lot of this was pretty basic, repetitive and not very informative or interesting, but perhaps it's just because I've heard so much of Ms. Alden in the past. If you're unfamiliar with her take on fiscal dominance, then perhaps it will be of interest to you.
@jeffkeller90095 ай бұрын
Lyn is very smart, An economics 101 lesson.
@nicoled51605 ай бұрын
Lynn Alden: I would feel so much more comfortable with you as President ❤
@ChuNamKy6 ай бұрын
Revux commitment to transparency is refreshing in the crypto space.
@TrongNghiaJanet6 ай бұрын
Revux community-driven approach is what crypto needs.
@bariyanirav14366 ай бұрын
Exciting times for Revux - partnerships with major industry players are unlocking new possibilities. This presale rocks...
@SoniaPatriciar6 ай бұрын
Revux potential, echoing in the corridors of crypto curiosity! The intrigue and discussions surrounding Revux contribute to the echoing potential that resonates in the corridors of curiosity within the crypto space.
@itz_Samayra6 ай бұрын
Revux's presale is gaining momentum - early supporters, let's seize this opportunity together!
@SyedAali-m4s2 ай бұрын
Lyn Alden's the great human i gussed through her facial expressions. What a lady? Insprired
@SamircomedishowVloge6 ай бұрын
Diving into Revux's whitepaper - the innovation and technology behind this project are mind-blowing!
@skalauddin26906 ай бұрын
Presale excitement building up! Revux's project is making waves for all the right reasons.
@normandolinic20445 ай бұрын
Yes she said it’s all connected, one is protecting each other.
@digitizenow86745 ай бұрын
He
@KabbalahredemptionBlogspot6 ай бұрын
Building on eth is worst than relying on usd
@KumarSumathi-wb5ty6 ай бұрын
Fourprime has great potentials 🔥
@lhzsdgsfbvv6 ай бұрын
@Bankless what is your camera setup?
@MemphianX5 ай бұрын
Thank you ❤ I listen to the entire show
@Jsmith15155 ай бұрын
Somebody needs to get Lyn in a position of power where she could actually direct some of the necessary changes ASAP
@drbennyboombatz91956 ай бұрын
David's yawning in the opening clip hahah
@sandippawar34396 ай бұрын
Already envisioning the benefits of Revux's streamlined investment journey. Great new project.
@CryptoTradesTech6 ай бұрын
Bitcoin is scarce. Crypto is not.
@jeremylundeen97985 ай бұрын
XRP, the better bitcoin. More decentralized. Be your own bank. Ripple stable coin. Liquidity. It's not bitcoin gang.
@roberthesz23565 ай бұрын
Lyn , I appreciate your point of view but can you put out short 10 minute versions...there is so much to research i just don't have the time to listen to the length of this video...I am sure there are others who would be happy about this...thanks
@schoolofthoughtedu5 ай бұрын
The founder of TradeonBarter is enjoying your content.
@timothyrday13906 ай бұрын
@24:00 There was indeed lots of fiscal stimulus in response to the GFC (including stimulus checks in 2008). We have been living with fiscal dominance since then and it has only gone into overdrive since the pandemic.
@chaddragosflagstaffluxuryhomes6 ай бұрын
Imagine if Lyn was a listened to advisor to the white house...
@joeyyy7716 ай бұрын
Thank you guys for advice . Always good to hear 3 men talk about inflation and interest rates . Good advice
@bavubhaigohil6 ай бұрын
Presale fever is real with Revux - the coolest project in town
@Moonknight88786 ай бұрын
Good day, good episode
@brett.c16496 ай бұрын
So powel increases intrestrates so big banks can eat up little banks but physical spending then then bails out those big banks who are "to big to fail" is that a fair assessment?
@lawrencesmith90596 ай бұрын
I have never heard anyone talk about the Forgotten Depression. The economy crashed by 30%, they slashed government spending and within two more years, the economy boomed again. Cut government spending and watch our economy boom. Most of our spending is NOT infrastructure or things that will facilitate the economy, it is all payments to lazy people.
@HoangNganAiThuc6 ай бұрын
The speed of Revux transactions is a game-changer.
@jonathankr6 ай бұрын
So which dominance are we in?
@Moonknight88786 ай бұрын
Im prepared
@robertzerby-jb1oh6 ай бұрын
Cash for cars was also an attempt to clean up the air from vapor pollution by older cars
@fritzegglefield87155 ай бұрын
Thank you for your knowledge.
@NongPhuocThinh6 ай бұрын
Revux market entry timing couldn't be better.
@MichaelR.Wheeler6 ай бұрын
Revux believers, guiding the crypto journey with confidence! The confidence and trust placed in Revux potential position its supporters as guides, navigating the crypto journey with a sense of assurance.
@dominicn6 ай бұрын
Good stuff. Howard Marks has a similar framework.
@PhongHaJames6 ай бұрын
Revux leadership team is stacked with industry experts.
@PaulIsTheBestest5 ай бұрын
I will say this once and once only, inflation and deflation are a population driven matrix. More people = more inflation, less people = deflation.
@terryroberts6236 ай бұрын
I don't know why people think that the USG would not pull the electric plug on bitcoin's blockchain. Whey would the USG want a competitive currency it couldn't control? I'm amazed people don't see the obvious.
@gettinafterit21586 ай бұрын
Are Bitcoin and stable coins the same thing? Im not well versed on crypto
@Chunga65 ай бұрын
Michael Saylor, Saidean Amouss
@blandburris76946 ай бұрын
Thank You!
@glennleedicus6 ай бұрын
I would argue there is something in control of this “fiscal dominance”. China with what used to be our production and with it our capability to produce (increased productivity) our way out of inflation, and where real valuation resided here, not overseas. I can always work to make up for any downturn in my portfolio and reduce my spending to minimize inflation (ie save). The fiscal limitations are imposed upon me due to limited opportunities to move up no matter how capable I am. On the macro, this translates to a future of protectionism from what will ultimately be foreign currency devaluations. And hopefully combined with deregulation to return to a truer free market out from this top down mandated economy.
@AB-es9jb6 ай бұрын
The ads are annoying at the beginning Try mixing it up guys
@jesseholliday34806 ай бұрын
Why can't creators auto delete comments with certain keywords? That'd be an easy fix
@danieledwards71785 ай бұрын
Imagine being able to purchace your Home in your 20's ... Now your lucky to do that in your 40's ... what a Disservice our Government has done to its own people . We need to go back to those days .
@dasfahrer81876 ай бұрын
Out of control nat'l debt is ultimately a nat'l security issue. Should Trump win he should declare a nat'l emergency and shut down entire non-essential departments (which is most of them) and suspend all personnel until congress can get spending in line.
@vivienslennett71976 ай бұрын
Finally got around to finishing and as usual Lyn taught me so much . Great questions for her too . Many thanks from Australia 🌏🦘
@digitizenow86745 ай бұрын
Him
@vivienslennett71975 ай бұрын
@@digitizenow8674 No it's her . I'm sure .
@digitizenow86745 ай бұрын
@@vivienslennett7197 haha nope. It’s a man🤷♂️
@williamwilkinson2959Ай бұрын
Well, there's a 90 min masters degree in macro just like that.
@jamespatrick53485 ай бұрын
Nice job all.
@detectiveofmoneypolitics6 ай бұрын
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
@QuadTap6 ай бұрын
btc, gold, energy... this is the way
@HellBot-gi5si6 ай бұрын
Can't use other nations currencies their banking system is so corrupt and restrictive. So place like America and Dubai is very easy to open a bank account. But you cannot do that in most foreign nations like Russia or China. When you do trust me they follow you everywhere you go. That why it not just currency you have to have the state of the banking systems and "Liberal American laws" otherwise most nations will not allow you or you money into their systems.
@gdhdjrjrndndn6 ай бұрын
It's not required to buy and hodl crypto to use the utility in the extremely remote chance you might benefit from it, but the retail speculators are mostly losing money on it. Sucker's bet.
@swatisquantum6 ай бұрын
Fiscal dominance: Kid (govt) spends all their allowance on candy without thinking about saving for games. Monetary dominance: Parent (bank) controls the piggy bank and only lets the kid take out what they can afford.
@mskmsk71746 ай бұрын
You're wrong Lynne! Janet Yellen rules Fiscal. She is now more important than the FED Chair.
@christinewillis75456 ай бұрын
That's why Janet haka boogied her way to China to threaten them to play ball. Blinken did the same thing. Jerome Powell in Amsterdam to tell them everything is hunky dory. Headless chickens. Just waiting for the next trick to manifest.
@ssuwandi32406 ай бұрын
Democrats Yellen has miscalculated China-Russia move.. August will be pivotal
@1rosslyn6 ай бұрын
I don’t do forced advertising. Ads I can not stop. Enjoy your income. By
@David-ry3dg6 ай бұрын
Lynn is one smart dude
@bobtarmac18285 ай бұрын
Dollar collapse? Maybe. But with swell robotics everywhere, Ai jobloss is the only thing I worry about anymore. Anyone else feel the same? Should we cease Ai?
@dexterous1876 ай бұрын
But why Bitcoin? Developing nations can't afford the transaction costs. They will use other networks with less than a cent transaction costs.
@jesseholliday34806 ай бұрын
This conversation is not largely focused on developing nations. But there are people in Africa sending BTC today via Nokia phones. But anyway, there is room for BTC and alts to fill in the gaps of our financial systems
@SunBattery6 ай бұрын
There are alternatives to Bitcoin, Ethereum is better in my opinion, lower transaction costs (0.03 kilowatt hour/tx vs 830 kWh for Bitcoin) & more features.
@azamarabear5 ай бұрын
I love lyn😮
@bradent19185 ай бұрын
Bitcoin for your bills, and Monero to buy stuff like food and entertainment privately.
@StarBadger075 ай бұрын
Isn't the crypto boom just a product of lower interest rates causing excess capital speculation?