The Future of Cryptos and Precious Metals - Joshua Scigala #5287
Summary: Cryptos have become increasingly prevalent, but does this leave room for the precious metals? I sit down and talk to Joshua Scigala, who is very well versed in both digital and tangible modes of currency. Interestingly enough, Scigala says that the two can and should coexist. Fundamental changes in the banking system demand that we find new ways to cultivate value\u2014this is where crypto becomes crucial. Tune in to hear about the interplay between differing currencies and how we can view them in sync. Highlights: -Cryptos have been very high\u2014but the same is not the case for the precious metals -What is the future of cryptos? It is extremely bright -We have rare digital assets -An unfortunate misunderstanding exists between gold and crypto enthusiasts -Gold and crypto can work beautifully together -Charging interest that doesn\u2019t exist in the system is fundamentally corrupt -Inflation steals everyone\u2019s wealth -The schooling system doesn\u2019t address where money comes from, and the banking mechanism is fundamentally flawed -There has been a fundamental change in what banking is -Don\u2019t fight the existing system; build something new -Put your skepticism aside and consider whether the concept of a rare number could be real -Digital files have never been good for anything rare -Put a little bit of money in on a regular basis -Governments will never completely agree on crypto Useful Links: Financial Survival Network The Standard