Worst Ponzi EVER!! DON'T FALL FOR IT!! (Ep 80)
In this episode, I explore the fiat money system. I start with the concept of paper money and how it was invented. Then I move onto the time when the convertibility of the dollar to gold ended. You will learn what fractional reverse banking is. I speak about the money supply and explain M1 and M2. To wrap things up, I explain why bitcoin is the best way to preserve value. Listen till the end!If you want to learn more about cryptocurrencies check out my YouTube channel. There you can find many educational crypto videos (https://www.youtube.com/channel/UCqK_GSMbpiV8spgD3ZGloSw)! 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 podcast is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.