Chapter

The Rise of Cryptocurrencies as an Alternative Medium of Exchange
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08:03 - 16:14 (08:11)

The increasing cartelization of big banks and their leverage over people will lead to cryptocurrencies becoming an alternative medium of exchange. Secure wallets and exchanges will make it possible for people to buy and sell goods rapidly and effectively.

Clips
Investing in necessities such as things people have to buy rather than want to buy, such as hard currencies like gold or even ammunition components, is considered a safe bet in a world with market turbulence.
08:03 - 10:20 (02:17)
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Investing
Summary

Investing in necessities such as things people have to buy rather than want to buy, such as hard currencies like gold or even ammunition components, is considered a safe bet in a world with market turbulence.

Chapter
The Rise of Cryptocurrencies as an Alternative Medium of Exchange
Episode
#29 Erik Prince - Inside The Rise and Fall of Blackwater
Podcast
Shawn Ryan Show
Cryptocurrencies are poised to offer an alternative medium of exchange, counterbalancing the increasing cartelization of big banks, with secure wallets and exchanges that enable rapid trading of goods and services, just as privately issued currencies once did.
10:20 - 13:17 (02:57)
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Cryptocurrencies
Summary

Cryptocurrencies are poised to offer an alternative medium of exchange, counterbalancing the increasing cartelization of big banks, with secure wallets and exchanges that enable rapid trading of goods and services, just as privately issued currencies once did.

Chapter
The Rise of Cryptocurrencies as an Alternative Medium of Exchange
Episode
#29 Erik Prince - Inside The Rise and Fall of Blackwater
Podcast
Shawn Ryan Show
The speaker shares the story of his father who worked 40 hours a week in middle and high school, took a loan with six other guys, and mortgaged everything to start his own business.
13:17 - 16:14 (02:57)
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Entrepreneurship
Summary

The speaker shares the story of his father who worked 40 hours a week in middle and high school, took a loan with six other guys, and mortgaged everything to start his own business. He also talks about the lessons his father taught him about entrepreneurship.

Chapter
The Rise of Cryptocurrencies as an Alternative Medium of Exchange
Episode
#29 Erik Prince - Inside The Rise and Fall of Blackwater
Podcast
Shawn Ryan Show