How to Survive CBDCs
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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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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.
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