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Kerry Lutz's--Financial Survival Network

Oct 21, 2022

It’s a new era for crypto, and I sit down and chat with Collin O’Brien to get the latest insight on digital asset prices, regulation, and long term feasibility when competing with other sovereign currencies. The company Collin works for, Rubic, is assisting with cryptocurrency transactions and making digital trading more fit for everyday use. He is helping to build the future of cryptocurrency, so be sure to tune in and hear some of his expert knowledge.

-What can you say about cryptos that you can’t say about other investment bubbles? Cryptos always go up, but it’s a new era
-At the end of the day, it’s just a market
-Collin looked at Bitcoin when it was priced around a dollar
-He wanted to buy a thousand at $1.79, and everyone told him it was a waste of money
-Six years later, the industry peaked his interest again
-Bitcoin is a bit of a libertarian construct paradise
-In terms of regulation, the authorities are behind the curve
-We need the people in charge of writing crypto legislation to be very involved and tech savvy
-Can independent cryptos compete with sovereign currencies? We don’t know if this will be the case in the long term
-If you have credits for an application on one network, it is extremely complicated to use them on another network
-Collin’s business is removing the middle men from the process of moving credits over
-Rubic makes the process of moving values amongst blockchains easier

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