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
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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.
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