Oct 5, 2021
Summary:
Cryptos have become increasingly prevalent, but does this leave
room for the precious metals? I sit down and talk to Joshua
Scigala, who is very well versed in both digital and tangible modes
of currency. Interestingly enough, Scigala says that the two can
and should coexist. Fundamental changes in the banking system
demand that we find new ways to cultivate value—this is where
crypto becomes crucial. Tune in to hear about the interplay between
differing currencies and how we can view them in sync.
Highlights:
-Cryptos have been very high—but the same is not the case for the
precious metals
-What is the future of cryptos? It is extremely bright
-We have rare digital assets
-An unfortunate misunderstanding exists between gold and crypto
enthusiasts
-Gold and crypto can work beautifully together
-Charging interest that doesn’t exist in the system is
fundamentally corrupt
-Inflation steals everyone’s wealth
-The schooling system doesn’t address where money comes from, and
the banking mechanism is fundamentally flawed
-There has been a fundamental change in what banking is
-Don’t fight the existing system; build something new
-Put your skepticism aside and consider whether the concept of a
rare number could be real
-Digital files have never been good for anything rare
-Put a little bit of money in on a regular basis
-Governments will never completely agree on crypto
Useful Links:
Financial Survival Network
The Standard