Decentralized Finance: The Future of Currencies

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 3 February 2021

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, people of all ages—young and old—are in trouble because their ideas about money aren't just old, they're obsolete. With bonds and interest rates at historic lows, residential real estate growing at its fastest pace in 6 years, stock markets at all-time highs, there’s really not many places to earn a yield on money right now.
Crypto is taking a lot of the spotlight for that very reason. Crypto is up 300%. This is only going to cause more people and financial institutions to add crypto to their portfolios as FinTech companies open up more and more accessibility to getting it.
Jeff Wang, cryptocurrency and blockchain expert says, “We didn’t expect the pandemic to create so much excess money. We’re seeing the stock market, real estate, and crypto at all-time highs.” And he says if you want to bet against the dollar, invest in Bitcoin. If you want to bet on technology, invest in Ethereum.
Host Robert Kiyosaki and guest Jeff Wang discuss the future of money in cryptocurrencies and blockchain technology, and how 2021 is going to offer more for investors than ever before.
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Transcript

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0:00.0	This episode is brought to you by Slack. With Slack, you can bring all your people and
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0:11.1	enable flexibility and automate workflows. Plus, Slack is full of game-changing features
0:16.7	like huddles for quick check-ins or Slack Connect, which helps you connect with partners
0:20.9	inside and outside of your company. Slack, where the future works. Get started at
0:26.9	Slack.com slash DHQ.
0:30.9	Don't be like Charlie. Charlie is that do it yourself or who does himself in. Do it yourself
0:36.9	is good for tile and grout. It is not good for asset protection. Charlie thought he'd
0:42.0	save a few dollars forming his LLC online. With no guidance, he did it wrong. When he sold
0:48.1	the property, he lost thousands and thousands of dollars. He did himself in by trying to
0:53.3	do it himself. Don't burn yourself. Use corporate direct to set up and maintain your LLCs and
0:59.7	corporations. Corporate direct is owned and operated by attorney and rich dad advisor
1:04.9	Garrett Sutton. Garrett wrote the best seller's loopholes of real estate and start your own
1:09.5	corporation. He is Robert Kiyosaki's attorney for asset protection. He and his team will do
1:15.2	it right. Visit them at corporate direct.com or call 800-600-1760.
1:21.7	Don't you want to mention rich dad and receive $100 off your formation fee? That's corporate
1:26.1	direct.com corporate direct.com.
1:30.9	Did you hear about rich dad's new podcast Malayamani? Don't you want the truth about money
1:36.5	and not just the lies and media selling you? Don't you want to control your own future?
1:41.7	Then join me, Alexandra Gonzalez-Gonesa, as I interview the number one personal finance
1:46.5	author in the world. Robert Kiyosaki, as well as many of the world's greatest thinkers
1:52.3	about money, finance and the economy. Robert and I will show you how the lessons of rich
	...

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