Cryptocurrency

Worst Cases of Hyperinflation: What It’s Like & How To Survive!!



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📺Essential Videos📺

Inflation is Destroying The Economy 👉 https://youtu.be/qALJf_ZhCMc
How To Protect Yourself Against Inflation 👉 https://youtu.be/HcPpYDetsCk

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⛓️ 🔗 Useful Links 🔗 ⛓️

►FBI Silk Road Interview: https://youtu.be/4KiO8GRgwDk
► Eurozone Inflation: https://www.nytimes.com/2022/07/01/business/eurozone-inflation-june.html
► Global Inflation Tracker: https://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2
► Which Countries Have the Highest Inflation?: https://www.visualcapitalist.com/mapped-which-countries-have-the-highest-inflation/
► Man Who Took Hostages Demanding His Own Money: https://www.theguardian.com/world/2022/aug/11/gunman-takes-hostages-at-beirut-bank-to-try-to-free-his-trapped-savings
► Bitcoin ‘mining’ is big business in Venezuela: https://www.washingtonpost.com/news/worldviews/wp/2017/03/10/bitcoin-mining-is-big-business-in-venezuela-but-the-government-wants-to-shut-it-down/

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– TIMESTAMPS –
0:00 Intro
1:10 Lebanon
4:08 Venezuela
6:41 Zimbabwe
10:55 Conclusion

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #Bitcoin #BTC #Cryptocurrency

44 Comments

  2. rolla

    Bank of America released a report predicting asset tokenization will exceed $16T in the next 5 years and cited Avalanche Evergreen Subnets as one of the key platforms driving the future of transferring value globally.

  5. Tz

    Deflation is the threat.
    Artificial intelligence. Chinese economy slowing. Birth rate crashing. Europe in recession. Demographics.

  6. Callum McMac

    One thing about Zimbabwe dollars is they're collectors items now, people pay hundreds to thousands for them and their country is asking citizens for them back to cash out on them.

  7. Space

    Why would an "ordinary law abiding citizen" want to "rob a bank to get their own money" if that money is worth next to nothing?
    Why would they risk imprisonment for a wheelbarrow full of useless paper? And wouldn't the act of "robbing the bank" render that person a "law breaking citizen" risking their freedom?
    Wouldn't it make much more sense for the citizenry to replace the flawed, unsustainable "laissez-faire" economic system that lies at the heart of the problem?
    There are so many factors contributing to Lebanon's situation that your caricatured "crypto is the answer" propaganda is unhelpful.
    As for Venezuela, any honest and informed observer knows their economic problems are the direct result of historic and ongoing US belligerence, sanctions and political interference in South and Central America. Venezuela would be one of the richest countries in the America's, if it weren't for the US's ideological disdain for democracy and the will of the Venezuelan people.
    Not sure you thought this through. That you'd gloss over/ignore so many facts to reach your "crypto fixes everything" answer is comical.
    Crypto is not a panacea, it is literally a product of the current economic paradigm. Those who think it is, are "libertarian" level delusional.
    Having said that, crypto has a relevant use case, but it will not replace the current economic modality, it will dovetail into it.
    Those who think it will replace the $, again, "libertarian" levels of delusion.

  8. Ashford Artworks

    Just a heads up…Coinbase is having some big issues since Friday. They are unable to unstake around 8 tokens. I only know this because I've been on the phone with them trying to unstake tokens that had a deadline to unstake 5 days ago…watch out…they are not letting customers take out their crypto after unstaked. Does not effect ethereum that one is safe apparently. I've been on the phone of customer support for hours they will do nothing, but tell you it is esculated for 5 days after it should be release so far…no idea how long this will last.

  9. Barry

    You would think every single person that is intelligent about finances they all would be investing in Crypto Currency Bit Coin, Ethereum, Light Coin, and Bit Coin Cash and Alchemy Pay Etc so many reasons too. Millions should be or have they not been paying attention to the financial situation

  10. tobest ogbonnaya

    @TheMahaDAO, strives to achieve the ultimate decentralized governance model. While we cannot ascertain whether we have achieved the perfect model, we can assure you that we are on the right path and that the Maha-DAO will be truly decentralized one day. @TheMahaDAO #MAHA $MAHA

  11. Grace Johnny

    >>>Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?

  13. hanelyp1

    Gold and oil are both reasonable backing for money. Of course it only works if the issuer is trusted to meet that promise. And a lot of governments issuing new "commodity backed" currency have serious trust problems from how they handled the previous national currency, among other issues.

  40. Kelly Hyun

    XLM will follow the traditional cycle of crypto prices and If XRP serves as a bridge for CBDC transactions and beyond, its market cap won't be comparable to other assets. Ripple's recent victory against the SEC signifies a turning point for cryptocurrencies, showcasing their strength and legitimacy. Jake Kucia profound crypto expertise and trading skills have been invaluable, growing my portfolio to 26Btc in just 7 weeks. His holistic investment approach and market insights make her an exceptional ally in the crypto world.

  42. ebenezer kalu

    @FerrumNetwork is an amazing and innovative brand ready to empower Blockchain and crypto development using the latest AI solutions.

    Recently, there has been a good number of cross-chain projects.

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