4.4 • 1.9K Ratings
🗓️ 19 March 2025
⏱️ 25 minutes
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0:00.0 | Welcome to Radical Personal Finance, a show dedicated providing you with the knowledge, skills, |
0:03.9 | insights, and encouragement you need to live a rich and meaningful life now while building a plan |
0:08.2 | for financial freedom in 10 years or less. My name is Joshua Sheets. I'm your host, and today I want to talk |
0:13.6 | a little bit about scams, especially political scams, especially cryptocurrency scams. |
0:25.6 | Tomorrow on March 20, allegedly, if the internet is to be believed, President Trump will be speaking at the digital asset summit in New York City, a conference |
0:33.0 | happening right now in New York City. Now, over the last few months, there has been quite a lot of new energy and new things |
0:40.0 | happening in the United States in the world of cryptocurrencies and a lot of things like that. |
0:47.2 | There's a David Sachs is serving as the White House AI and Crypto Tsar. |
0:51.0 | There have been a variety of meetings and discussions and conversations |
0:57.2 | related to cryptocurrencies. The White House a week ago has announced for the establishment |
1:09.1 | of the Strategic Bitcoin Reserve and the United States digital asset stockpile. |
1:14.4 | And so there's a lot of things happening in this space. |
1:17.4 | And I continue to watch this space with a mixture of confusion and derision and frustration and wonderment about what the future might hold. |
1:31.1 | And at its core, I don't have much of a clue about really much of anything in this space. |
1:38.3 | On the one hand, I can see the utility of blockchain technology. |
1:43.3 | I can see the utility of some of these methods of record keeping. I can see the utility of blockchain technology. I can see the utility of some of these methods |
1:45.6 | of record keeping. I can see various arguments on various sides of the equation. There's people |
1:56.5 | that are much smarter than me that have all kinds of amazing ideas about how the world is going to be so |
2:01.6 | wonderful in the future as we adopt and embrace various currencies and Bitcoin's going to solve everything |
2:08.4 | and it's going to fix everything. And I continue to wonder, well, does the emperor have no clothes, |
2:13.9 | or am I just unable to see the clothes? I try to basically wind my way up the middle, |
2:20.6 | being open to changes in the future, but being quite frustrated by various of those changes. |
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