Money is Broken!! The Truth About Our Financial System!

  Рет қаралды 100,683

Coin Bureau

Coin Bureau

Күн бұрын

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📺 Essential Videos 📺
Financial System Is Rigged 👉 • The Financial System I...
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Lyn Alden Broken Money: www.amazon.com/Broken-Money-F...
~~~~~
- TIMESTAMPS -
0:00 Intro
0:37 Broken Money
4:51 What Is Money?
9:29 Commodity Money
15:04 Banking System
19:05 Fractional Reserves
23:18 How To Get Ahead
27:02 Outro
~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Crypto #Money #Bitcoin

Пікірлер: 285
@CoinBureau
@CoinBureau Ай бұрын
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@cryptoesquire3168
@cryptoesquire3168 Ай бұрын
Once you learn about the fiat trick, fractional reserve banking, inflation…ur compelled to get out….
@ashwoodtreecare
@ashwoodtreecare Ай бұрын
Underrated comment 👌🏼
@Roylamx
@Roylamx Ай бұрын
Get out yes but - Where to go? Simple - We must restore sound Constitutional money as the only escape from fiat currency and from the dreaded Orwellian CBDC.
@BDYH-ey8kd
@BDYH-ey8kd 24 күн бұрын
Hypothecation
@draymond5067
@draymond5067 21 күн бұрын
Gold​@@Roylamx
@dr.k.math.777
@dr.k.math.777 Ай бұрын
Broken Money is an excellent book. Lyn Alden’s interviews and talks are also amazing and I highly recommend all.
@CryptoCrimminy11
@CryptoCrimminy11 Ай бұрын
Dude are you trying to win the Nobel prize, you got my vote
@oas8766
@oas8766 Ай бұрын
Lyn Alden deserves to share it with him imo
@swancini
@swancini Ай бұрын
The Nobel peace prize has been tarnished so badly I’d call It a insulting to get awarded one.
@NoBody-yn6yd
@NoBody-yn6yd Ай бұрын
Lyn's book should be on every high school's 'must read' list.
@GEECHOO
@GEECHOO Ай бұрын
This is the education bankers don't allow
@Mattyg08
@Mattyg08 Ай бұрын
The producing on these videos are just amazing! Thankyou for the effort the Coin Bureau team put into them
@dappgambldrop
@dappgambldrop Ай бұрын
Wow, this video really opened my eyes to the flaws in our financial system! It's crazy to think about how much power banks and governments have over our money. We definitely need more transparency and accountability. Time for a change! 💰💡
@IsleMarauder
@IsleMarauder Ай бұрын
I love this book. Almost through with it. My mind was blown again and again as I read through
@RikWlz
@RikWlz Ай бұрын
In the middle of this book now... a must read!
@swarovskistube
@swarovskistube Ай бұрын
To my understanding at 21:36 it should say in 1933 and not: in the seventies. In 1971 US Dollar gold convertibility was "temporarily" suspended for foreign cental banks. Or in other words, after Bretton Woods in 1944 when US Dollar was voted world reserve currency, being as good as gold, and up until 1971, only foreign central banks could redeem it for gold. Most other currencies that were actually on a gold standard, abandoned their gold convertibility in the WWI aftermath. In 1933 US citizens were ordered to sell their gold possessions at 20 dollars per troy ounce. Then gold price was raised to 35 per ounce, so devaluing the USD by over 40% in a matter of months. So basically no currency anywhere in the world was anymore redeemable for gold by ordinary people well before WWII had begun.
@susanpuckett6403
@susanpuckett6403 18 күн бұрын
Nixon 😡
@gialuquin88XD
@gialuquin88XD Ай бұрын
Loved the office !
@gabrielaback3177
@gabrielaback3177 Ай бұрын
You are THE best. Thank you for your hard work
@leematthews6812
@leematthews6812 Ай бұрын
Posts like this are exactly the reason I subscribed to this channel. I hope Guy and his crew can do another show in London this year.
@projectwalden5360
@projectwalden5360 Ай бұрын
ha, the first twelve minutes of this video are an entirely accurate synopsis of why shitcoins don't work.
@adiintel1
@adiintel1 Ай бұрын
you mean like pepe, shiba , floki and the rest?
@projectwalden5360
@projectwalden5360 Ай бұрын
@@adiintel1 To me, anything that isn't Bitcoin is a shitcoin. They are all ponzi schemes just like normal fiat currency. Yes, there are certain use-cases for certain ones and yes, you can get rich off of them if you are near the top of the pyramid. But I don't play those games. Bitcoin is the closest thing to "real money" humankind has ever known.
@projectwalden5360
@projectwalden5360 Ай бұрын
@@adiintel1 Anything that isn't Bitcoin is a shitcoin.
@janavarthanamuthukonda387
@janavarthanamuthukonda387 Ай бұрын
Awesome content and simple explanation. Thanks Guy & Team.
@cetterus
@cetterus Ай бұрын
Double entry bookkeeping was invented by Croatian called Benedikt Kotruljevic. Pretty certain it doesn't qualify as "Italy". But (as many other innovations) it was probably quickly accepted, spread, possibly improved and very vocally branded as "Italian". As it is case today with many other smaller and bigger states.
@Bfitzh
@Bfitzh Ай бұрын
Quality Work. Thank you!
@ometaxas
@ometaxas Ай бұрын
Amazing video. Gold bless Lyn.
@Indiodyssey
@Indiodyssey Ай бұрын
Excellent presentation. Profound information made easy to understand. Your promotions are entertaining! Thanks
@di_santos2990
@di_santos2990 Ай бұрын
great book!
@danshipman9465
@danshipman9465 Ай бұрын
My copy just arrived a few days ago. I'm already 100 pages in. Lynn is amazing.
@iansamphier843
@iansamphier843 Ай бұрын
Broken Money is a fantastic book. Been trying to encourage others to read it but without much success. A bitesize summary like this is ideal, thanks Guy! ❤
@cryptojoecoin5480
@cryptojoecoin5480 Ай бұрын
No one will read it. Just save yourself the time. The only thing that will save us from this wicked system is its collapse. When it happens, you will have a small window to reinvent your reality. Don’t waste it.
@wadthbi
@wadthbi Ай бұрын
I love you Coin Bureau!
@kieranduffy9418
@kieranduffy9418 26 күн бұрын
Lol I love the deals page promotion. Hilarious. Thanks for all the info I've been watching for over a year now I recommend you to everyone
@davidchau1854
@davidchau1854 Ай бұрын
Excellent, thanks team
@sensorialstar
@sensorialstar Ай бұрын
Love this! Thank you!
@hansonayomide
@hansonayomide Ай бұрын
This is brilliant, thanks a lot for this
@WV.PS2333
@WV.PS2333 Ай бұрын
Shared. Great Video!!
@TheHolyChain
@TheHolyChain Ай бұрын
Thanks for everything coin bureau freaks!
@MH-ln6pv
@MH-ln6pv Ай бұрын
Thanks - I can see that the book is on Audible
@dipzjp19
@dipzjp19 Ай бұрын
This is one of the few crypto related channels on KZbin that seems genuine and the one I trust! Great job!
@CoinBureau
@CoinBureau Ай бұрын
thank you!
@user-rm7yn9jz8k
@user-rm7yn9jz8k Ай бұрын
Brilliant explanation
@robbybroon4904
@robbybroon4904 Ай бұрын
Lyn! Great to see the streams cross
@garcon8552
@garcon8552 Ай бұрын
Convinced Guy is nuts with his commercials, but love them..
@arh_kofi
@arh_kofi Ай бұрын
great content brother
@counterpartyrisk8089
@counterpartyrisk8089 Ай бұрын
I appreciate you. Thanks 😃
@caincotterill5493
@caincotterill5493 Ай бұрын
Great vid once again👊🏼🇬🇧
@web3byzeeshangujjar
@web3byzeeshangujjar Ай бұрын
That's great content … The way you describe is tremendous!
@sebastiaanroose
@sebastiaanroose Ай бұрын
Always great to watch your team work in action. You have taught me a lot in the field of finance and money system. Thanks so much for your input. I spread the word as Much as I can about our broken financial system. Keep up, we are stronger together.
@ashwoodtreecare
@ashwoodtreecare Ай бұрын
Great content!
@Zenthara
@Zenthara Ай бұрын
That's the best Alex Becker impression I've ever seen 😂😂😂😂
@shortyshorts4666
@shortyshorts4666 Ай бұрын
You forgot to tell us which person realized that no one came to get the gold, and started trading with other people's gold. It was a man from germany his last name starts with an R.
@KlausMarkus
@KlausMarkus Ай бұрын
Who?
@dimitarkostadinov5665
@dimitarkostadinov5665 Ай бұрын
Thank you!
@corbentannahill6430
@corbentannahill6430 Ай бұрын
Love the new intro!
@rithiksarkar5
@rithiksarkar5 Ай бұрын
Great video
@Notjoefresh
@Notjoefresh Ай бұрын
Lead the way coin bureau!
@braiwish
@braiwish Ай бұрын
Fun Fact: Hawala is an Arabic word that literally means “exchange”
@ft8610
@ft8610 Ай бұрын
Not true, im arabic myself…hawala doesnt mean exchange, it literally translates to “sending money”
@atristan100
@atristan100 Ай бұрын
I absolutely ❤ ur cornbread plug! Awesome commercial 🙏🤣😁
@philipsmurthwaite9408
@philipsmurthwaite9408 Ай бұрын
Brilliant
@green_firefly
@green_firefly Ай бұрын
"And we're walking, we're walking."
@bitcoinpoemspro1406
@bitcoinpoemspro1406 Ай бұрын
Thx Guy
@Shinehead3
@Shinehead3 Ай бұрын
Exactly!!! Currency is not Money 😊 Bitcoin is Money because it is fungible and it's issuance is capped at a Fixed Amount. It is backed by proof of work and the Network Effect 😊
@killzoomer
@killzoomer Ай бұрын
Love the videos!! Have you ever thought about a print publication? 🤔
@vinvaninvestments6959
@vinvaninvestments6959 Ай бұрын
I have not read the book, but the most important aspect of money was not mentioned....that is, that money transfers title...fiat does not. Because of debt based fiat, all property has a lien against it because all property has been pledged as collateral for the debt. Therefore, no one can own any property and property has fiat (fake) certificates of titles, not true alldoial titles.
@monetarymusashi5732
@monetarymusashi5732 Ай бұрын
Great video !
@DownunderSil
@DownunderSil Ай бұрын
Excellent
@rayhankobirrony4980
@rayhankobirrony4980 Ай бұрын
You are the best
@Anondochandro
@Anondochandro Ай бұрын
Amazing
@ambaasia8200
@ambaasia8200 Ай бұрын
Banking systems will collapse
@Krypto_Knight_33
@Krypto_Knight_33 Ай бұрын
Yes I think so too. I think there’ll be an unstoppable domino effect by the end of this decade.
@Sjyaker
@Sjyaker 19 күн бұрын
Yes and no. Either this year or next year CBDC will be "installed" and present currencies will be terminated, i.e. illegal to be used. You own nothing..........
@bitcoinpoemspro1406
@bitcoinpoemspro1406 Ай бұрын
Excellent book. Please read it. It took me six months so I could digest it properly
@xyz-pg3zd
@xyz-pg3zd Ай бұрын
Takeaways?
@enurfase
@enurfase Ай бұрын
AMAZING INTRO
@lifeslooker
@lifeslooker Ай бұрын
moving might not be an option/ viable but can use the other means to make money and be profitable - awesome education here. well delivered and explained
@jameschua7591
@jameschua7591 Ай бұрын
Groovy!
@All_incrypto2024bulls
@All_incrypto2024bulls Ай бұрын
Facts
@ahmadbahrani6390
@ahmadbahrani6390 Ай бұрын
Great
@myvishan
@myvishan Ай бұрын
The paper money 18:45, my grandma has some of those notes back home, those are romanian denominations.
@patrikjansson1173
@patrikjansson1173 Ай бұрын
Ah, guy at his best. Great vid.
@MetalForBreakfast
@MetalForBreakfast 24 күн бұрын
Bitcoin smashes every single one of those metrics. Its the perfect reserve currency.
@Unisoft-data
@Unisoft-data Ай бұрын
Those 7 metrics are great!
@emmybest8306
@emmybest8306 Ай бұрын
Nice
@romandothenation
@romandothenation Ай бұрын
i like this
@riffcaster
@riffcaster 24 күн бұрын
Beaches were the first Gold Mines.
@user-gx2hu4ww1c
@user-gx2hu4ww1c Ай бұрын
Lyn is great. You could also take smt from Rothbart and Graeber to broaden things.
@drippy.mcflip
@drippy.mcflip Ай бұрын
Guy Sensei !😲last week, you promised an in-depth video about Bitcoin Runes would air in the same week but you never released it 😞
@CoinBureau
@CoinBureau Ай бұрын
Coming soon! 💯
@jwatson9732
@jwatson9732 Ай бұрын
6:47 That's a Watchtower Society painting if ever I saw one lmao
@BandiMasha
@BandiMasha Ай бұрын
My word, Mr Motivator has let himself go. Best promo vid yet. Well done Guy and the team 😂😁👍
@helenefalk500
@helenefalk500 Ай бұрын
Thanks for the nice video. I do have to disagree however with Lyn that money is a ledger. Perhaps the best synopsis of money was written by William Stanley Jevons in 1875 called "Money and the Mechanisms of Exchange" (a free download by the way). An excellent read even if it is dated. In that book Jevons puts forth the 4 phases that are needed for sound money to form. The Phase 1 is decorative, people must want the item for its decoration like with gold, silver, and many assets like rare paintings, rare hockey cards, rare sculptures, and rare classics cars for example. Phase 2 is a store of value which rare paintings, hockey cards, classic cars, gold, and silver all fit into. Phase 3 is a transactional currency which is not possible for a rare painting, classic car, or hockey card because those are not divisible. But gold and silver are divisible, as is Bitcoin. And Phase 4 in case your interested is a unit of account. Once an item passes thru all 4 phases, it is sound money. Note that fiat currencies are not sound money because they all start out at Phase 3 without passing thru Phase 1 and 2. As such all fiat currencies fail.
@yobroh0
@yobroh0 Ай бұрын
Lens flare got stuck on stock footages. I suggest cleaning the editor with fiber cloth🤧
@blackryan5291
@blackryan5291 Ай бұрын
3:30 - 😂3:46 - 🤣I'm dead. I'm freaking dead
@user-cg3qj3bj9c
@user-cg3qj3bj9c Ай бұрын
Wow
@simbol5638
@simbol5638 Ай бұрын
6:17 WTF is that???
@nickspizza3197
@nickspizza3197 Ай бұрын
Also, there is money of account and money of exchange.
@user-gx2hu4ww1c
@user-gx2hu4ww1c Ай бұрын
Nice video. I don't know however if you should continue to do Schwarzenegger and Michael Jackson clips...
@jordanw2009
@jordanw2009 Ай бұрын
Surprised you haven’t been trying to get out of GB 🇬🇧
@wormwood6424
@wormwood6424 Ай бұрын
People give value to currency. If people feel that there is value in any currency people will choose that particular currency.
@johnrobertson4809
@johnrobertson4809 Ай бұрын
I'm glad to see the light hearted acting is back. 😅
@JaredFarnum
@JaredFarnum Ай бұрын
No. The answer is not to move to a country that uses the US Dollar. The US Dollar is doomed and doomsday is coming.
@user-hk5fg2ou3e
@user-hk5fg2ou3e Ай бұрын
Such a joke that he says that
@Appleloucious
@Appleloucious Ай бұрын
Better watch Hidden Secrets of Money by Moke Maloney (:
@rookie_
@rookie_ Ай бұрын
Mike Maloney? Pretty much ahead of everyone else by about three months during the pandemic together with Dr John Campbell. He has also has interviewed Lyn a few times ;-)
@Appleloucious
@Appleloucious Ай бұрын
@@rookie_ Oh yeah, Mike not Moke XDD
@darek795
@darek795 7 күн бұрын
Sea shells are quite abundant ? So how they kept its supply under control.
@kingadventurious5945
@kingadventurious5945 Ай бұрын
wheres the link for game theory please
@Andrew-mk7rm
@Andrew-mk7rm Ай бұрын
Every person in the world should watch this video and wake the fuck up.
@SAL-fs1mr
@SAL-fs1mr 18 күн бұрын
Get Bitcoin at all cost. Even by selling all your altcoins.
@CarpeDiemPatricia
@CarpeDiemPatricia Ай бұрын
@Fiverraccount-br8ci
@Fiverraccount-br8ci Ай бұрын
wow
@ontoitj
@ontoitj Ай бұрын
Omg no
@Alina-ws6ob
@Alina-ws6ob Ай бұрын
So money is a valuable substance like gold or real estate and currency is like a shadow - paper money?💴
@AhmedOnWeb3
@AhmedOnWeb3 Ай бұрын
🔔
@at9048
@at9048 Ай бұрын
The Medici Family invented double book keeping.
@pawkie2
@pawkie2 Ай бұрын
Luca Pacioli
@at9048
@at9048 Ай бұрын
@@pawkie2 the Italian mathematician?
@steviejazzygee
@steviejazzygee Ай бұрын
Very interesting talk, one of the best on this subject. I have a question though: why would the most powerful people default on their trillions of dollars of debt if the money supply continues to contract ?
@bareflavourreviews4840
@bareflavourreviews4840 Ай бұрын
Wheres the simulation link?
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