Must-Know Monetary Trends for Your Financial Future | Nic Carter (Replay)

Tom Bilyeu's Impact Theory

Impact Theory

Business, News Commentary, News

4.7 • 5.2K Ratings

🗓️ 27 July 2024

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

Having a complete understanding of the financial system we’ve become accustomed to since birth is not only advantageous, but it’s an absolute must. The gap between really understanding the impact and full gravity of inflation and living by a feeling or a suspicion is too wide to ignore. Nic Carter is an entrepreneur, investor, columnist and advisor in the Bitcoin crypto space. He’s joining Tom today to break down some principle ideas and thoughts to help you at least research what you should be doing with your money, your government issued and government backed money. What’s happening with crypto and NFTs isn’t something you can ignore or sleep through. Bitcoin has been going strong for more than a decade. You have a moral obligation to yourself and to your family to at least understand how inflation works, why increasing assets is like theft of your dollar’s value and how you can protect yourself and be part of the wealth redistribution in a way that benefits you more than harms you. [Original air date: 10-14-21]. SHOW NOTES: 0:00 | Introduction to Nic Carter 1:31 | Does Bitcoin Matter? 4:21 | What is Money? 8:52 | Creating Devalued Money 14:43 | Redistribution & Inflation of Assets 22:24 | Reacting to Inflation 27:54 | Japan’s Stagflation 36:57 | Energy, Euphoria & Bitcoin 40:47 | Fiat Money Explained 45:10 | Do Research Money 49:16 | Bitcoin Value Vs Fiat Value 54:13 | Bitcoin, Digital Gold 57:52 | Value System by Design Follow Nic Carter: Website: https://niccarter.info/ Twitter: https://twitter.com/nic__carter SPONSORS: Go to https://impacttheory.co/shopifypodJuly24 right now and sign up for a $1 per month trial. Explore the Range Rover Sport at https://www.LandRoverUSA.com Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://impacttheory.co/AG1pod. Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://impacttheory.co/aurapod to start your free two-week trial. Go to https://impacttheory.co/quickbookspod below to get 50% off 3 months of Quickbooks Payroll! What's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Nick Carter, welcome to the show.
0:05.9	Thank you.
0:06.9	I was 30 minutes late.
0:08.4	I wasn't going to rat you out, man.
0:11.0	It's all good.
0:11.7	I am super excited to have you on.
0:13.9	So for people that don't know you, how do you, so I think of you as one of the leading sort of philosophical voices in Bitcoin.
0:22.2	How do you describe yourself?
0:25.5	That's a great question because most people know me more as a writer as opposed to an investor.
0:31.6	The main thing I actually do is, you know, invest through my venture fund.
0:44.7	But yeah, I enjoy writing and doing podcast and things like that.
0:50.5	So I guess it's a kind of a weird thing whereby the thing I'm known most for is not actually my job. I know the feeling very well. Uh, so yeah, that's because when you're in front
0:57.8	of a camera, that's what people begin to associate you with, but we're building a like true
1:02.1	studio, like Disney style studio. But of course, what everybody knows me for is interviews like this.
1:08.6	Um, I want to start somewhere really specific. So about, I don't know,
1:13.6	two years ago, I started to change the style of my interviews and moved away from being
1:19.1	just purely mindset stuff and getting into things that matter. And that ended up leading
1:25.4	me hardcore down the crypto rabbit hole and that brings us to today
1:30.8	and I've started covering this a lot because it's become extraordinarily important in my
1:35.3	own life and I'm very curious if if somebody is from a 30,000 foot view they are trying to
1:42.6	navigate this world well.
1:44.4	Do you think Bitcoin matters?
	...

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