Kerry Lutz's--Financial Survival Network

The Future of Cryptos and Precious Metals - Joshua Scigala #5287


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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

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Kerry Lutz's--Financial Survival NetworkBy Kerry Lutz

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