Ep 2409a – If You Know The [CB] Economic Playbook What Advantages Might Exist
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How can you go into crypto currency when you SEE that even though it steadily rises, it’s on a roller coaster? We need something that’s STABLE before just willy-nilly jumping into something.
Hi Dave,
Was wondering if I could get your thoughts on three points:
1. The recent comments by Elon Musk on BitCoin being just a “slightly less dumb” investment than fiat currency, despite Tesla’s recent $1.5B purchase of BitCoin.
2. President Trump in the past has expressed not being a fan of BitCoin (cryptocurrency), arguing that it allows for under-the-radar criminal activity. How does this bode for the future of crypto?
3. You have mentioned that crypto cannot be centrally controlled due to its nature. Some people argue, however, that big banks already own 90-95% of the total BitCoin worth, so it’ll never really be an option for the people to take more control of the economic system (maybe other cryptos will?).
Thanks for your insightful financial analysis.
Denis
I am loving the plan. I have faith in the plan. I dare to hope for better times for all.
Thanks for explaining and for giving your well informed opinion. I have received great comfort from your wisdom Dave.
Hello Dave
I am hard of Hearing. I was born with hearing lost in both ears. I hear you with out hearing aids. I have this pretty loud [red] I am so happy your in my life at this time, too hear your Podcast everyday. Without you I wouldn’t know whom to turn too. I have a question I have download the Bitcoin app. Their are two different types one is out of my budget, and the other one is $589. It dropped today. I am not rich, but would I buy some bitcoin 🤔 I love to understand more in what kind of actions I should be taking, if I like to make money before I retired. Hope to hear from you soon. Thank you for all your hard work in your podcast.