WILL PRESIDENT TRUMP USE CRYP TO BACK UP THE DOLLAR AND PREVENT A COLLAPSE? GUY GOTSLAK

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Summary

âž¡ Dave Hodges and Guy Gotslack, CEO of My Digital Money, discuss the impact of political events on the crypto market. They suggest that Trump’s administration is seen as more favorable for crypto than Biden’s, with Trump’s positive comments and potential crypto-friendly policies boosting Bitcoin’s value. They also speculate that crypto could be used to back up the dollar, which could stabilize its volatility. The conversation also touches on the increasing national debt and the potential for economic collapse if the dollar fails.
âž¡ The discussion revolves around the impact of political administrations and their policies on the value of Bitcoin and other cryptocurrencies. The speaker suggests that regardless of who wins the upcoming elections, economic conditions will likely boost Bitcoin’s value. They also discuss the Biden administration’s unfriendly stance towards crypto, which has led to many companies moving offshore. The speaker emphasizes the importance of owning Bitcoin directly rather than through an ETF, and speculates on the potential effects of Trump’s economic policies on Bitcoin’s value.
âž¡ The discussion revolves around the benefits of decentralized systems like Bitcoin and blockchain, which are less prone to disruptions compared to centralized systems. The recent approval of Ethereum for trading is seen as a positive step for the adoption of cryptocurrencies. However, the amount of money one should invest in crypto depends on personal financial goals and risk tolerance. The industry has seen significant changes and mainstream adoption in the last five years.
âž¡ Many people who once doubted the value of Bitcoin and other cryptocurrencies are now investing in them, including banks that previously had anti-crypto policies. The speaker believes that if the dollar were to decline, a combination of crypto, precious metals, and other alternative assets could replace it. They also warn about the risks of keeping money in banks due to legislation that allows banks to seize your money if they get into trouble. Instead, they advocate for owning alternative assets directly, like homes, gold, silver, and cryptocurrencies. They also clarify that you don’t need to buy a whole Bitcoin; you can invest as little as you want.

Transcript

On for recording. Dave Hodges here. Fortunately here we’re having an interesting adventure today with our technology. But we are here and we’re lucky to be here. And we live in an age of great change. We have pivotal points on so many different domains in our culture and our society. It’s just hard to keep track of them and help us manage our understanding of one of those pivotal points that’s going on is Guy Gotslack, who is the CEO of my digital money, which basically crypto investment. We’ll get into all that and what that company does. But my goodness gracious, there is so much going on right now, not just politically and the attempted assassination.

And I mean, I have, it used to be I had to dig for stories to report. Now I have to filter, which is the most important because there’s like a crisis every 12 hours. Absolutely incredible. Well, anyway, guy, it’s really good to have you back on and I do appreciate you come on and giving us your insight. I know you guys are doing well in the crypto, but I wanted to center into some opinions you have, like election frenzy and how it’s going to affect the crypto market. And I’m actually getting questions from some of my audience.

I told them, I said, hey, stay tuned. I’m having guy on my show here in a few days, and people have been asking me, Dave, what do you think about gold? What do you think about platinum? What do you think about crypto? And I said, well, we’re going to answer the crypto question here. So what do you think? What’s going on? And can we compare and contrast Trump and Harris in terms of how it’ll affect the crypto market? Yeah. Well, first of all, thanks for having me. Always a pleasure. Pleasure. And, yeah, I mean, it’s definitely interesting what’s happening and watching the bitcoin price fluctuate as different events are occurring around us.

You know, I could tell you that generally, the market perception, this is not my perception is that Trump is better for bitcoin and for crypto than a Biden administration or Harris even, because right now, you know, Harris is basically being treated by the market like a Biden, you know, administration. And it’s not clear what her perception of crypto is because she hasn’t really come out and said anything negative or positive against it. But Trump, at least hes saying positive things about bitcoin. And theres been questions of how genuine it is. But obviously, more than 40% of Americans have invested in bitcoin.

So its not surprising that he would go after those investors by having crypto friendly policies. And so at least out loud, he’s expressing his support. He’s actually going to be speaking at the Bitcoin conference today in Nashville, and he’s supposed to come out with a big announcement. Maybe it’ll have to do with using bitcoin as a treasury reserve asset, because he’s floated that idea in the past. But also he’s said that we need crypto friendly regulation that brings in innovation and kind of helps the economy grow through innovation in that space. I know a lot of Silicon Valley people are behind Trump because of crypto specifically.

And so there’s a perception in Silicon Valley that he’s good for crypto. Yeah. Generally, once the assassination attempt happened and the public kind of, the polls showed that Trump’s ratings were up, bitcoin also went up. Alongside that, the price went 57,000 to about 66,000 in the week after the attempted assassination. Generally, he’s perceived as positive. The Biden administration under them, the SEC’s head, Gary Gensler, is really the arch nemesis of crypto. And JD Vance himself, the vice presidential candidate alongside Trump has basically said he needs to go, we need to replace the SEC chairman and all that.

So, yeah, there’s a lot of reasons why bitcoin kind of went up as Trump’s chances went up. You said something, kind of, some magical words there. I want to go back to crypto, and you related it to, like a treasury asset. Let me pose this question to you. Do, do you. We won’t go on a gold standard because that way we’d be joining the bricks. So that’s, that’s a non starter. But I’m wondering, from what you said, if you’re thinking along the lines that crypto may back up the dollar since the petrodollar is on its way out of.

Is that what you’re indicating there? Yeah, and it’s not me. It’s basically what the Trump administration was talking about. And it’s not that it would be the sole reserve asset, but it would be a reserve asset backing up the dollar alongside potentially other alternative assets, too. But we’ll see what he says. It’ll be interesting to hear more about that. I have been told by a pretty good source, and I’m not allowed to divulge, but let’s put it this way. They’ve had Trumps here that they’re going to use a basket of items to back up the dollar.

Crypto could be one of them, gold could be another, and they’re looking to at things like hard metals like palladium, platinum, so forth. But they got to be careful about the brics. I mean, there’s 50 nations that want in the already 40 nations of the BRIC nations. So I don’t think he’s going to go full gold backing. And I like this crypto idea. Do you think that that would stabilize the volatility of crypto if it was used as a backing agent for the dollar? Yeah, absolutely. It would help that alongside other things like having better regulation.

But, yeah, this is definitely a positive factor in stabilizing the price long term. But another reason why I think Trump, or a lot of people perceive him to be good for crypto is just also not just what he’s saying, but during his presidency, he appointed his chief of staff, Mick Mulvaney, who co founded the Congressional blockchain Caucus and also advocated for regulation to benefit the industry. He also had the comptroller of the currency, Brian Brooks, which is a long time executive of the crypto industry. I think he had a brief stint at Binance. So it’s also the people that he had on his administration during his presidency that were pro crypto as well.

That’s a really good observation. With the people you just met, you really are on top of things. I’m impressed. I was aware of those positions. I hadn’t linked it just the way that you did. That’s really good. But that is interesting about Trump being bullish on crypto. And you got to look at, okay, so what’s he trying to accomplish? I think you’ve nailed it. It’s going to be a reserve for the dollar. And honestly, guy, I got to tell you, that’s a good thing, because let’s say the dollar implodes and we’re close to that right now.

What is it? 75% of our tax revenues go to service the debt. I mean, the interest on the debt. That’s crazy. And then I’m seeing in five to ten years, we won’t be able to pay the interest on the debt. So the dollar could go down. If the dollar goes down, every other economy is tied into America so much. I don’t care how brick nation oriented they are, their economy will collapse if our dollar goes down. And that’s what people don’t realize. We’re not going to collapse, and everyone else is going to be fine. That ain’t going to be the case.

And I like this idea of crypto coming into more prominence as a backing agent. I like that a lot. Yeah, no, absolutely. And I mean, just earlier this year, bank of America analysts warned that the US is headed to towards 1 trillion, you know that every hundred days. Right. Adding 1 trillion every hundred days. So the situation is only getting worse. So, yeah, I mean, this, this would help, of course. Yeah. I forget who it was, but I was watching someone’s podcast on a video stream, and they had the national debt and the rotating numbers to show the increase.

And in the time I was watching, it had added $700 million. At the time I watched that broadcast, I said, oh, really? During the broadcast? During the broadcast, it went up $700 million. I just, I was like, aghast. What the heck did they just buy? That’s amazing. Hey, when Trump was the victim of an attempted assassination, we saw changes in the stock market dramatically. Did that event affect crypto at all? Well, yeah, it did. Crypto actually went up. It went from 57,000 at the time of the assassination, or maybe even 56 to about 66,000 in the week after.

And that’s all because, you know, his poll numbers went up and it was perceived as, you know, something that would help him be elected. Right. I agree. I agree with that. What is crypto sitting at today? I think it’s around 64,000 now. So, yeah, it’s been kind of like in the mid sixties. Yeah, it’s almost 65,000 as I’m looking right now. So, yeah, it’s been up and down, but it’s still pretty close to the all time high, which was around 73,000. So we’re still pretty good, doing pretty good for this year as well, like about 40 or 50% this year.

So, yeah, and I think it’s only going to get better as we head into elections, and it really depends who wins. But regardless of the administration, I mean, I think that the economic conditions will be such that bitcoin will be increasing in value. Of course, we’ve always talked about in your show that it’s limited in supply, and now we have the ETF’s and we’re now mainstream with this bitcoin. And crypto was not mainstream until very recently. And now we have over 40% of Americans owning it. We have big institutions, they all own it. The ETF’s are there, the Ethereum ETF just went live as well.

I think next year, even the end of this year, we’re going to be way higher than the all time high. But I could be wrong, of course. You never know what could happen. Disclaimer. But chances are that we will be the all time high again. Yeah. And I like how you say there’s no guarantees because things could turn out, we could have a nuclear war, and then all bets are off. So I like how you’re honest about that. I listen to a lot of shows wherever. I can’t miss 100%. Garrett, that’s just not the way the world works.

I think we can look one quarter ahead and have a pretty good idea. It’s kind of like in your life, you can look one life stage ahead. It’s hard to look to. And I think this is true for crypto, too. So Trump brought it up ten. Oh, wow. That’s incredible. Okay, so we’ve kind of answered the question about, is Trump good for crypto? I think unquestionably. Why don’t we know more about Harris and Biden and their position on crypto? Do you have any thoughts on that? Well, we definitely know Biden’s position on crypto. He’s pretty anti crypto.

The Biden administration, there was something dubbed Operation Choke 2.0 last year, which was basically the administration trying to push crypto offshore, which they did. A lot of companies went offshore, and that’s because, first of all, the SEC chairman, Gary Gensler, was suing companies left and right. And so there were a lot of different lawsuits, and there was a lack of clarity. And so companies just kind of stopped moving here in the US. Right. Because it, it was a very unfriendly environment. Biden also signed SAP 121, which was anti crypto bill, so he took actions that were kind of not friendly for crypto.

And so one can only assume that Harris would kind of be aligned with that. But we don’t know. I mean, she does come from Silicon Valley. Right. She was attorney general in San Francisco or in the Bay Area. So she did have a lot of connections in Silicon Valley with the big tech companies and whatnot. And so there could be a chance that she would be friendlier, but still not because it’s very crypto, as we know. It’s anti government control. Right. It’s independent of government control. And so it’s, it tends to be that the Republicans would be more aligned with, you know, an asset like that than.

Yeah, you said that. So politically correct. Instead of saying, the Democrats want to control everything. I like. Oh, yeah, I like how you said that. That’s, that’s really good. The one thing I want. Let me tell you what I’m hearing, and I think what I’m hearing here is probably accurate. Blackrock historically has not been real pro crypto, but Trump has been talking to Larry Fink and to Jamie Dimon, who at one time said, if any of my employees ever get into crypto, I’ll fire them. Now, of course, he’s reversed that position since then. But what I’ve heard is Blackrock wants to basically make crypto, it kind of like a CBDC sort of, but.

But they want to control it. And I know Trump has been talking. In fact, let me tell you the rumor, and it’s not true. There’s no way he’d do this. Larry Fink and or Jamie Dimon, rumored to be treasury secretary under Trump? Not going to happen. Okay. That’s a huge. That’s a. I mean, that’s, that’s like going from owning the company to being the janitor. Okay. He’s not going to do that. But what do you think about that, that Blackrock? I wonder, what do you think about Blackrock’s position with crypto and how does that affect the market? Yeah, I personally believe you can’t really control bitcoin ever.

I mean, they’ll be able to influence the price a little bit, but I still think they own 1%. I don’t see it going that much higher than that. I think it’s become mainstream. And there’s other entities that are accumulating bitcoin, but, yeah, it’s not an asset that can really be controlled. So I’m not too worried about it. But I always preach to people like, buy it directly, buy it with my digital money or any other exchange or decentralized exchange as well, where you own the crypto and you’re not going through an ETF. There’s not a really great reason to go for an ETF unless it’s just convenience.

You already have a brokerage account and, you know, you don’t want to own it directly for whatever reason. But I think the only good thing about ETF’s is that it’s brought a lot of people into the market and it’s made people more comfortable with bitcoin. But I’m a heavy believer that you should own it directly, not through an ETF. See, I agree. I like the control aspect of it. There’s an old saying and stuff, other than the dollar, if you can’t hold it, then you don’t own it. And I think there’s a lot of truth in that.

That’s. Yeah, you and I are on the same page with that Mark Cuban, who I’m not a fan of. Okay. And neither Dallas Mavericks ownership, they just got him out entirely. But Mark Cuban tweeted about Trump’s economic policies will lead to huge price increases. Tell us how. What do you think he meant by that? Well, from what I understand in reading the tweet, so what he’s saying is that it’s not really what Trump says that will affect the price as much as what his policies will do for the price. And what he mentioned specifically in the tweet is that the lower tax rates and the tariffs basically will be inflationary because that’s how those actions have been in history.

They’ve been inflationary. I’m not sure if, I mean, I agree that it might be inflationary in the short term, but I think those policies also will help GDP, and then that hopefully outpaces the effects. The inflationary effects and long term pro growth policies, I think, are going to be good for bitcoin. Right. Okay. So I think it’s more that, like, long term, the economy is growing and people have more money to spend. They’ll be investing in bitcoin, realizing what a good investment it is. He’s kind of highlighting more the fact that inflation will go up in the short term, and that usually is good for bitcoin because people see it as a hedge.

Right, against inflation. That’s a really good comment. I think that’s. I think you’re right on the money with that. As we were talking in our prayer discussion note, I think Trump can mitigate some of that if he wouldn’t do tariffs and instead do what he did in the first term and bring back corporations from overseas that have migrated there to escape the Biden taxes and bring their employees and their businesses home and do it with tax incentives that would spur employment, that would increase wages, the GDP would go up. That’s my solution for this. Do you have any idea why Trump is deviating from what’s already worked? Actually, I don’t know.

Yeah. You know, as you know, I’m not like a huge politician here, but I’m more a tech guy, but I agree. And, I mean, I think generally he’s for tax cuts for corporations. Right. Because that will spur growth and GDP. So, I mean, hopefully it would be a combination of things, and tariffs wouldn’t be something that’s super high. I mean, tariffs do help, obviously, promote production here in the US and have people focus more on buying that. But I don’t think it should be extreme like anything else. There’s a transition period, and I don’t think that it should be too extreme.

Um, hopefully it’s. Yeah. I mean, who knows what he’ll actually do. Yeah, that’s it. Yeah, it is interesting here. But, you know, I think we got to keep Mark Cuban in perspective, though. Although I think his criticism somewhat valid with regard to the tariffs. But he’s never going to say anything positive about Trump. He hates the man. And I’ve heard him, I’ve heard him on NBA interviews when he was the only owner of the Dallas Mavericks, and, and they ask him a question about the game and he goes off about how bad Trump is. I mean, this guy hates Trump majorly, as taking a note here, as you said, that just speculative, this speculation question, like, how do you think the weather is going to do tomorrow? But what do you think if we have bitcoin partially backing the dollar, won’t that encourage foreign nations to again want to buy our dollar? Yeah.

Yeah, I think so. I don’t see why not. Yeah, I mean, this is such a win win deal. It really is. The only people who wouldn’t be for it are people who are purposely trying to bring down our economy. And I won’t go political. That’s all I’ll say about that. I want to get to your opinion before we close here about the recent crowd strike outage causing widespread disruptions in chaos. And a lot of people are saying, hell, this is what happens when you centralize too much. This is why we never want something like CBDC. Do you agree or disagree with that position? Yeah, I think anything centralized has an opportunity to fail.

And the crowdstrike outage, while it’s not like the servers were centralized, but the software is centralized and the software update was pushed to, obviously, machines all over the world automatically. There was no decision by those systems. That’s something that could just be pushed out. And that software update caused the issue. And of course, bitcoin wasn’t affected because this is a completely decentralized system. And basically decentralized systems are under individual control. So all those nodes are basically under individual control. And so they’re impervious to remote updates. And that offers stability. And I think blockchain in general, which is the architecture underneath the bitcoin network, creating applications that are on the blockchain that will make those applications more robust and basically more immune to these types of outages, I think blockchain can help solve that.

It’s not like you shouldn’t have any centralized systems, but you should have more decentralizations. I want to go back to something you said about Genslere, all the lawsuits that really retarded some crypto activity in our country. And Gensler, of course, again, is the head of the SEC. Do you think he’s protecting turf there? Like, maybe we want a single payer system, we want single digital control. Do you think those two things are related? Yeah, I mean, I think potentially, I mean, I know it kind of falls under conspiracy theories, but, yeah, it’s all about control in a way.

And a lot have said, a lot of speculated on that. Elizabeth Warren, who he really follows, basically just wants the control, and bitcoin takes that control away. And so. Yeah, very much so. That’s amazing. Well, Elizabeth Warren is in favor of, um, what’s it called, unrealized income. So is Janet Yellen. Where they want to tax you on the appreciated value of your home. You’re already being taxed. It’s called increasing your property taxes when your value goes up. But, you know, I was doing the math on this one day, and, and let’s say that my home was 200, 200,000 when I bought it, and now it’s doubled.

It’s 400,000. Okay. 45% of that increase. That’s. I can’t pay that. Neither can anybody else. Yeah. And that’s. That’s Elizabeth Warren. So anything Elizabeth Warren talks about goes in this ear, goes out that ear and in the trash. This woman is a total communist that thinks that she should own everything that you own. Yeah. Yeah. That’s amazing. Well, there’s another issue to look at here in this volatility of the time we live in the launch of spot ether ETH exchange traded funds, and ETF’s in the USA today. Okay, what’s going on with this in the market, and how does it affect Ethereum? Can you elaborate on all those things? Yeah.

So the bitcoin spot ETF, you know, went live in January. It was approved by the SEC after being denied for so long, but their hands were tied. The courts ruled, you know, against them, and they finally had to approve it. And so the ethereum, the second largest cryptocurrency, that was just approved for trading this Tuesday. Right. There was a series of approvals that led up to Tuesday’s launch. And so that will, of course, help the adoption. The price dropped initially just because it’s like a sell the news event. And there was also other things happening that in the short term, it decreased by, in the long term, it’s very good for bringing institutional money and bringing accredited investors into investing into Ethereum.

And I think that the fact that the Ethereum. So Ethereum is a smart contracts platform, which you have other coins that are similar, like Solana and others. So now there’s speculation that this opens up kind of the floodgates for approvals of a Solana ETF and then XRP as well in the future. You’re probably familiar with XRP because of the big lawsuit the SEC had against them. So, yeah, I mean, this is very positive for the long term kind of adoption of the entire industry. Trey, it looks like the direction we’re going is cryptos even further decentralizing, and there’s going to be competition between the groups.

Do you think that’s true between the different cryptocurrencies? Yes. Yeah. I mean, there’s definitely competition now between different cryptocurrencies, which is good. It’s good for growth. And so, and they all have different degrees of decentralization. I don’t think you can switch to a decentralized world overnight. Right. I think it’s just one of those things that is going to take 2030 years. But it just happens one step at a time and one use case at a time, if you will. There was an interview we did, and I got an email from one of our listeners, and she asked me, she said, dave, how much money would you recommend we have and we should put in to crypto to get started? And I wrote her back and I said, honestly, I don’t know the answer to that question.

I don’t know if there is an answer, but I’ll ask guy when he comes back on. So you’re back on, and I’m asking you the question. How would you answer her question if she asked you that? It’s a personal preference, and it depends on your risk tolerance, your financial goals. Like, you know, how much money you have that you can afford to lose. I mean, it really is a personal, depends on your personal kind of situation. And, you know, I mean, I think I used this example last time, like, you know, if you take your IRa, like an existing IRA, you put in, let’s say, 50,000 into it.

If you assume the same annualized return that we’ve seen over the last ten years, you’d be kind of like in the ten to $50 million range by the time, let’s say, 20 years, assuming that you’re 20 years away from retirement. And so the growth potential is huge. And so for me, putting in 50,000 is worth it, even if I end up losing it all because me having 50 million when I retiree, like, just the chance to have that is worth what I would lose. Right. But 50,000 for someone else maybe they need that to pay the rent.

Maybe they’re in a situation where they might need to use their retirement to pay their rent. They’re at risk because of their income. So it’s really like a personal situation. I was able to take 50,000 out of my IRA because I know I’m not going to need it, or I’m pretty certain I’m not going to need it for the next 20 years. So it really depends on your situation. Well, what I did say to her, I said, I can’t really give you a good answer, and I’ll ask guy, but I said, I’ll tell you one thing I know about crypto.

It’s been volatile, and you’ll end up getting more than you could ever lose, but you got to be patient and ride the volatility out. Yeah, and that’s the thing. There could be a year where it crashes 70%, but if you keep it over five years, I mean, there’s very rarely a point like a five year span where you can say that you lost money. Right. Again, the annualized returns were 65%. So that’s the average annual return over the last ten years. Not that it would stay like that. It probably could go down, but it’s not going to go down, in my opinion, below the s and P 500, which is a 10% annual return.

I think it’s going to be much higher than that for decades. I think there’s no question it’s going to be much higher than that. How long have you been in the crypto business? So, I mean, we launched in 2021, so it’s been about three years. But I started investing, like, five years ago. Five years ago. So, yeah, I’m, like, relatively new, but I guess since it’s a new industry, I’m not that new. But, yeah, I mean, I fell in love with it when I started looking at my portfolio after investing in 2021. Covid, right. Yeah, there was a huge, huge spike growth, and I kind of saw my portfolio grow, and I was like, wow, I want more of that.

No, that’s why I asked you, because I wanted to ask you a question of perspective. So you’ve been at this, really since the early days of COVID and that really forced people to go do a lot of different things. I think that shows adaptability. But are you surprised how much the industry has changed in five years? Oh, yeah, yeah. It’s changed a lot. It’s gotten so much mainstream adoption. You see so many instances where people were saying bitcoin is out of thin air, it doesn’t have value to them investing $200,000 in it. Like you mentioned Jamie Dimon earlier, he did a complete 180, and the CEO of BlackRock as well.

And a lot of banks that basically had anti crypto policies now are investing in it themselves. They’re building their own cryptocurrency. It’s been 180s all around. Uh, yeah, a lot has changed for sure in the short term. Yeah, that, that’s, to me, I, I’m stunned. I went, I remember I went to a party of a guy that runs freedoms Phoenix. Ernie Hancock, good friend for years and years, and the year would have been about 2012, 2013. So we’re talking over a decade ago. And he started talking, he said, you didn’t get involved in crypto. And he actually put a little bit on my phone and I still have it today.

And I says, this will never fly, Ernie. I said, this is fly by night stuff. I told him, and it was about 2016 when I started to realize, I think this could be here to stay, and it is here to stay. If the dollar were to go down, and I don’t think it’s going to collapse entirely, but if the dollar were to go down, what would replace it? Would it be crypto? Would it be gold? Would it be CBDC, which is a form of crypto, what do you think? It’s hard for me to say, but I would think it’s a combination of crypto, precious metals, maybe other alternative assets.

But, yeah, I’m not, again, an economist, but I think in that scenario, it helps to have these alternative assets, and so that’s why I invest in them. Yeah. Well, the one thing that really bothers me, and I’m going to put this out every time we talk, because it’s the elephant in the room. Dodd Frank was part of major legislation in 2010. It did a lot of things, but one of the things it said is if you’re putting stuff in the bank, like your retirement, your savings account, the bank owns it, you become an unsecured creditor, which means if that bank gets in trouble, they can just seize your money.

And this is what has really driven me to do alternative practices. You got gold, silver, crypto. I mean, to me, I trust the bank as far as I can throw them now because I know they can steal from me at a moment’s notice. Yeah. And that’s why I always advocate for owning alternative assets directly. So own a home, own gold, silver, bitcoin, other cryptocurrencies like ethereum, that’s much better. Than keeping your money in the bank. Yeah, I totally agree. For a lot of people out there, they’re going to want to say, okay, I got enough money.

I can afford a $64,000 bitcoin. Just for example. There’s going to be other people says, I can’t. What typically is the minimum investment. You see that people make that come into crypto on the low end. Yeah, I mean, look, you don’t need to buy a whole bitcoin. You can buy 0.001 bitcoin. You could break it down into individual satoshis, into smaller increments. So people saying, oh, I have to buy a whole bitcoin. That’s psychological. You don’t have to. You can buy $5. So, yeah, I’ve seen everything from a dollar to obviously, a million dollars on our platform form being invested.

So there’s no, you know, there’s no requirement or required amount. You know, you can invest as little as you want. That’s amazing. Here’s another bugaboo you’re going to like with technology. My phone is in on. It’s on, but all the contacts are disabled. Okay. Whatever you were saying right there triggered my phone to say, I’m sorry, I didn’t understand what you were saying. The technology voodoo is going on with me big time. But I like what you just said right there. And I have to tell you that what you guys do at my digital money is really good.

And I really want to stress this part. If I knew nothing about crypto and I wanted to see if it was for me, I would play around with it first where it wouldn’t cost me any money. And you guys have that ability, don’t you? Yeah. Yeah. You can sign up for what we call play money account and then also you can call us and ask questions. We actually have real people that pick up us based. And so if you’re not sure if you want to get into it, we’re not going to try to push you into it.

We don’t give advice, but we’ll give you information so you can make your own decision. Yeah. Did you guys hear that in the audience? Listen, you’ve heard another person. I really like, Colin Bloom from Noble Gold, say the same thing. We don’t give advice. We give you options and you make the decision, which could be no decision and no one’s going to pressure you. I love that. I’ll tell you, it ain’t that way on the stock market. I can tell you that. It’s not that way at all. So people can go to mydigitalmoney.com if they want to see, hey, I really want to check this out.

I think Trump’s going to get elected. This is the wave of the future. This is a good way to go. Mydigitalmoney.com are there any other ways that they can contact you? Yeah, you can call 833-636-2008 and yeah, otherwise mydigitalmoney.com click get started. Sign up takes five minutes. Give that number out again one more time. 833-636-2008 hours 25 minutes and 25 seconds. Yeah, this has been really interesting for me. I’m sure my audience will agree with me. This has been fascinating to look at what’s happening and pivot points of our economy, and because it’s an election year, it’s exaggerated.

I think this has been a tremendous interview here. I appreciate how well organized you brought the material to fashion here because just a matter of honest disclosure, guy gave me some talking points. We deviated a little bit, but I’ll tell you, those talking points were right on the money for where we’re at. Guy. I really appreciate your input into our program and I look forward to having you back again. Thank you so much. Dave. Mydigitalmoney.com people, check it out, see if it’s right for.
[tr:tra].

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