4min chapter

The Café Bitcoin Podcast cover image

Bitcoin Security, Multisig & Taking Ownership your Money! with Nick Neuman, Casa - June 28th, 2022

The Café Bitcoin Podcast

CHAPTER

Is There Any Other Way to Invest Other Than Gambling?

Alex Castellanos: Instead of becoming a financial expert, they become gamblers. He says the Federal Reserve is intentionally obfuscating what it's going to do. You're always gambling on will they lower rates next time? Will they not lower? There's no predictability in the system so you have to take risks and that's essentially gambling, right?Castellanos: I've relied on experts for 20 years and the experts have been wrong. And certainly in terms of overall purchasing power by listening to specialists, I don't think I've done terribly well listening"

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