05.24.22 Turbulent Crypto Currents / Prostate Cancer Update and Self-Advocacy

The Clark Howard Podcast

Clark Howard

Entrepreneurship, Investing, Business

4.6 • 5.2K Ratings

🗓️ 24 May 2022

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Learn Clark’s position on crypto and why it’s not yet ready for prime time. Most people who’ve put money into crypto have lost money, either through fraud or lost value. Ultimately digital money will become part of our lives. This is the pioneering phase of crooks, con artists, speculators and believers. Also, Clark was diagnosed with prostate cancer 14 years ago. Why this can be a complicated diagnosis, new research into genetic markers, Clark’s update and how to approach a diagnosis as an advocate for yourself. Crypto Currents: Segment 1 Ask Clark: Segment 2 Prostate Cancer Update: Segment 3 Ask Clark: Segment 4 Mentioned on the show: How to avoid ‘rug pulls,’ the latest cryptocurrency scam Clark Howard and the Prostate Cancer Foundation Deposit Insurance - FDIC Mint Review: 5 Things To Know About the Free Budgeting Tool Welcome to the Clark.com Community Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	There's something so romantic about winter and I don't know whether that's just because
0:05.4	I'm a bit of a homebody and I love a 5th but I think it's just the holiday period.
0:09.9	It's just for me it's the most romantic period and I think anyone who's listened to my
0:15.5	records will know that I'm quite a big fan of romance.
0:18.8	Join in every sip with Red Cups now Back at Starbucks.
0:31.2	It's my pleasure to welcome you to the Clark Howard Show where our mission is to serve
0:35.5	you and empower you so that you make better financial decisions in your life.
0:42.0	Today I have a couple of things I want to talk about first the cryptocurrency market and
0:50.3	I don't think I've gotten more Clark Stinks about any other topic since Clark Stinks started
0:57.1	20 something years ago than crypto but we're going to talk about it.
1:02.6	Also I want to give you an update on my prostate cancer 14 years in and I want to tell you
1:10.3	it is good news I'll share with you and of course we have your questions.
1:15.6	So suddenly it's all in I'm seeing not just in the financial media but also in the general
1:24.9	media to say I told you so that crypto thing told you and I just hate that and I said
1:34.5	that I've gotten more Clark Stinks about crypto than any other topic ever because my position
1:42.1	on crypto is unchanged at this moment.
1:46.1	Same thing even with all the declines the cryptos that have failed in the last couple of
1:52.4	weeks the reality is having some form of digital currency is definitely part of the future.
2:02.4	What I've said about today's cryptos is they are not ready for prime time and here's why.
2:10.6	First of all we've had all the fraud with the fake cryptos the organizations promoting
2:17.2	one and stealing all your money multiple ways like people that are into crypto talk about
2:23.4	rug polls where there's a promoter falsely promoting that they're going to do this new
	...

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