Central bank digital currencies (CBDCs) are digital versions of cash that are issued and regulated by central banks. As such, they are more secure and inherently not volatile, unlike crypto assets.
In this video, Andrew will be sharing his thoughts on Central Bank digital currencies. There has been a lot of concern among people that CBDCs will give governments unprecedented control over their money. However, Andrew wants to focus on facts rather than fear and discuss what CBDCs really mean for you.
He will also provide insights on how you can protect yourself in this changing financial landscape.
00:00 Introduction 3:13 Fears and Misconceptions 8:09 Ensuring Control 10:11 Importance of Diversification 11:47 The Role of Culture 13:20 Preventing Bank Runs 14:50 Finding Secure Crypto Environments
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Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
