Shownotes
Are we heading for hyperinflation? It's possible. I believe the next year will determine what level of recession/depression that we experience. It is certainly possible that the US dollar becomes so destabilized that it both loses status as a world reserve currency and it hyper inflates.
Is there anything you can do to prepare?
News and Links
http://thirdparadigm.org/doc/45060880-When-Money-Dies.pdf
https://bitcoinmagazine.com/markets/the-central-african-republic-bets-big-on-bitcoin
https://bitcoinmagazine.com/business/fountain-users-earn-bitcoin-while-listening-to-podcasts
https://coinflex.com/blog/coinflex-update-on-withdrawals
Podcasting 2.0 Apps Available at http://newpodcastapps.com/
I can be reached by email at mcintosh@genwealthcrypto.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. Looking forward to hearing from you!
Website
Music Credits
Protofunk by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license
The following music was used for this media project:
Music: Ethernight Club by Kevin MacLeod
Free download: https://filmmusic.io/song/7612-ethernight-club
License (CC BY 4.0): https://filmmusic.io/standard-license
Artist website: https://incompetech.com
Transcripts
Welcome
Speaker:to the Generational Wealth Cryptocurrency Podcast. I'm your host McIntosh. This isn't
Speaker:financial advice. Today, we're going to talk about hyperinflation.
Speaker:So today's going to be a bit of a tough topic. Maybe not one that is directly related to
Speaker:crypto, but I would propose that it is related at least tangentially in that Bitcoin itself
Speaker:was designed as a form of what is called sound money. So one of the fundamental precepts
Speaker:of Bitcoin is that there will only ever be 21 million Bitcoin. And that after those 21
Speaker:million Bitcoin are mined, that it's done. There will not be future Bitcoin created.
Speaker:And what that keeps us from doing is, quote, printing Bitcoin. Now, on the other hand,
Speaker:since the majority, as far as I know all of, and I may be mistaken about that, but certainly
Speaker:the majority of the Western nations and a number of others as well have moved off of
Speaker:what's called the gold standard. I actually don't know. Well, let me put it this way.
Speaker:Sorry if I appear to be fumbling around, but I don't know of any country who is on the
Speaker:gold standard. So maybe there is one, but I'm not aware of it. Anyways, the point being
Speaker:they've moved off of what's called the gold standard, meaning a currency that's backed
Speaker:by gold. You used to be able to, in the United States, get a $20 gold piece. It was a coin
Speaker:that was worth $20 that was made out of gold. That $20 gold piece is now worth a lot more
Speaker:than $20, and that's simply because of the value of the gold. If I'm not mistaken, a
Speaker:$20 gold piece was one ounce of gold, and that is roughly $2,000 now. So even though
Speaker:countries like the United States typically keep inventories of gold, there's not a one-to-one
Speaker:correlation. So the U.S. dollar is not backed by the gold of the country. There's some gold,
Speaker:and you could say that that gold provides some backing, but the reality is that we've
Speaker:printed far more dollars than we have gold, and thus that is one of the reasons we have
Speaker:inflation. Now, one of the things that I've been doing, I came across a document that
Speaker:was written back in the mid-70s called When Money Dies, The Nightmare of the Weimer Collapse.
Speaker:This is talking about what happened in Germany post-World War I, really the early, the 1920s,
Speaker:early 30s, at least the 1920s. And it was written by a gentleman named Adam Ferguson,
Speaker:and of course, it's talking about that post-war period. Famously, the Weimer Republic experienced
Speaker:what's called hyperinflation of their currency, and the German Mark essentially became worthless
Speaker:in a very short period of time. Now, if you remember, if you're a longtime listener of
Speaker:the show, I discussed three scenarios that I see the United States and much of the world
Speaker:going through in the next few years. And I think that the next year is going to determine
Speaker:which one of these roads we go down. Road number one, we have a recession, a brief period
Speaker:of time where we have higher interest rates, and then things stabilize and move on. I think
Speaker:you could argue that that would be something like what we saw in the late 70s, early 80s
Speaker:in the United States with the oil crisis. The second option would be something similar
Speaker:to the Great Depression. So this was around the same time period that we're discussing
Speaker:slightly after this with the Weimer Republic. You had the stock market crash, and then you
Speaker:had a period of a number of years where economically the United States did not do well at all, only
Speaker:brought out in large part really honestly by World War II with the buildup to that.
Speaker:The third option would be a hyperinflation of the US dollar, much like this document
Speaker:discusses as what happened in Germany post-World War I. I do believe that the next year we'll
Speaker:decide which one of these happens. I personally at this point think, although I do hope I'm
Speaker:wrong, that we are frankly already past option number one, that this will be a brief recession.
Speaker:They refuse to even call it a recession at this point. I think they need to wake up and
Speaker:smell the Earl Grey. But regardless, we have rising inflation. While we currently do not
Speaker:have high unemployment, we also have a large number of people who are choosing not to work
Speaker:who are conveniently not counted in that number, and there will be a point when they have to
Speaker:work, when the government subsidies or however they're managing to do that runs out and they
Speaker:have to go out and get a job, and there's not a job for them. At least I think that's
Speaker:what will happen. Now, will we end up in a Great Depression or a hyperinflation scenario
Speaker:which would even be worse? I do not know. I do not pretend to know, and I will not get
Speaker:on here and tell you that I know. That will be determined, I believe, in the next year.
Speaker:I have concerns that even if we enter a Great Depression type scenario, that it will not
Speaker:play out the way that the first Great Depression played out. If you know your history at all,
Speaker:the Great Depression, we had periods, we had the government was putting people to work.
Speaker:There was a number of governmental programs, if I'm not mistaken, to help people out. You
Speaker:had soup kitchens, people getting fed who were suffering. I'm not sure that would happen
Speaker:in this scenario, and let me explain. Let's say as part of a Great Depression scenario,
Speaker:we have officially acknowledged 15% plus interest, which we're over halfway there, which really
Speaker:means that the interest inflation year over year is much higher than 15%. But the government
Speaker:realizes that they have to make cutbacks, and they start tightening down on the various
Speaker:social programs that are helping people. I don't think people are going to take that
Speaker:peacefully in 2020 whatever, in the 2020s, unlike the 1920s and 1930s, where you had
Speaker:people who went and they got their rations, I don't know what to call it, but they went
Speaker:to the soup kitchen and got food, and they got by. They did what they could, and times
Speaker:certainly were tough, but you didn't have rioting in large part. I think that will actually
Speaker:be the difference. This is dark, and I don't even like talking about this, but I do believe
Speaker:with the mindset of people today, I don't believe it's the same, and I do believe we
Speaker:will see riots on a scale that we've not seen in the United States maybe ever. I believe
Speaker:that the government military will become involved. Martial law potentially could be invoked at
Speaker:least in a number of major cities, and I don't know where we go from there.
Speaker:On the other hand, if we have a hyperinflation, I don't think anybody knows, because it won't
Speaker:just be the United States. The United States, the U.S. dollar is the current world reserve
Speaker:currency. I think part of that would be it not becoming the world currency. You also
Speaker:have a number of Western European countries who are suffering. Maybe some of them may
Speaker:be more, some of them may be less than we are at this point, we here in the United States,
Speaker:in terms of inflation, money printing, this kind of thing. So it won't just be one country.
Speaker:I do believe within the span of a few months there will be a number of industrialized countries,
Speaker:so to speak, who this follows. And honestly, potentially I could see that happening in
Speaker:China as well, and Japan actually. So there will be, in my opinion, a lot of chaos and
Speaker:a lot of unknowns. A lot of times countries react violently with these situations. We
Speaker:certainly saw that in Germany. The seeds of World War II, I think it's agreed upon, at
Speaker:least by a lot of people, were laid by this time period post-World War I. The Germans,
Speaker:many thought that the treaties that were agreed to by the powers at that time were not fair
Speaker:to the Germans and in large part brought upon this period of hyperinflation and great economic
Speaker:unrest. And basically that led directly to World War II. Now, I don't know, history will
Speaker:tell who blames who when all this house of cards falls apart, but I could see that coming
Speaker:out of it. I think that would be very unfortunate, but I could see it happening. You'll see countries
Speaker:potentially fighting over food and other resources. I hope that's not what happens. I do. I truly
Speaker:do. But I do believe that that is a potential scenario. So what is all this about? I mean,
Speaker:I have talked about this a number of times. I want to include this in the show notes.
Speaker:It's not an easy read necessarily. It's written a little archaically, even though it was written
Speaker:in the mid-70s, and some of it you may not understand. But I do believe that there's
Speaker:a lot of worth in reading through this document, and it's quite long. It's 160-odd pages, including
Speaker:the bibliographies. It's 158 pages. And you may not read it word for word, but it's certainly
Speaker:worth at least taking a look at. And what can you do? Well, I will say this. This was
Speaker:not the reason I got into Bitcoin. This was not the reason I got into crypto. And yet,
Speaker:it turns out one of the reasons, of course, that Bitcoin was created was a response to
Speaker:what went on in 2007 with the banking bailouts. And it was created as a form of sound money.
Speaker:It was created as an alternative to this, what we would call this paper fiat world.
Speaker:This, oh, we need money, so we're going to create more money out of thin air. We're going
Speaker:to sell more bonds or whatever that they do to generate more money to somehow keep this
Speaker:flywheel turning. And all that does is debase the currency. It is possible during all this
Speaker:transition that Bitcoin becomes a global currency reserve. I think that would probably be ideal.
Speaker:We are starting to see, interestingly, smaller countries who are recognizing Bitcoin as legal
Speaker:tender. But it's certainly in both the cases that it's happened now with El Salvador and
Speaker:the Central African Republic. It is a direct response to the fact that in one case, their
Speaker:legal tender alone was the US dollar in the case of El Salvador. With Central African
Speaker:Republic, they use, I'm not exactly sure what it's called, but it's tied to the euro at
Speaker:this point. It's a very similar situation where inflation in the euro, it directly affects
Speaker:their local currency, their local status, just like with El Salvador and the US dollar.
Speaker:I think we will see a lot more of that over the coming years. I think we'll see a lot
Speaker:of countries converting or at least offering it as an alternative. I'm interested to see
Speaker:what major company, and not to put down El Salvador and the Central African Republic,
Speaker:but I'm talking about one of the superpowers or one of the, I don't know, a country in
Speaker:Western Europe or in some of the Asian countries or whatever, that when they do it, it's going
Speaker:to create a much bigger impact. And we'll see. I don't think it'll be the United States.
Speaker:In fact, I think it may be the opposite in the United States, unfortunately. But we will
Speaker:see. I suspect that it will be a country that feels like they're losing in whatever the
Speaker:global economic race is and they will cast their die by making Bitcoin legal tender for
Speaker:their country. So I don't think that'll happen for a few years. I may be mistaken. I hope
Speaker:I could be pleasantly surprised, but we will see. All right. So not to make this a gloom
Speaker:and doom episode, but I think this is the economic reality that we're in and I think
Speaker:we're being naive if we don't at least think about these things. So even though these were
Speaker:not the reasons I necessarily got into crypto and Bitcoin, they have in fact become a large
Speaker:part of why I'm involved because I personally don't believe that the U.S. dollar is worth
Speaker:the paper that it's printed on. It is held up by the faith and promise of the U.S. government
Speaker:and frankly that doesn't go very far these days. I'll just be honest. So there you go.
Speaker:In fact, one of the reasons why I have started this shift away from really discussing all
Speaker:the news and all the different cryptos and whatever and investing in them myself is in
Speaker:fact this viewpoint because I do believe over the long term Bitcoin specifically has the
Speaker:highest chance of success as a global currency so to speak. Certainly Ethereum and I believe
Speaker:ADA as well will play parts in this maybe for different reasons and maybe only for the
Speaker:next five or ten years but that's a ways out but you know I just don't want to waste my
Speaker:time with this other stuff that's petty so to speak. I will still talk about those as
Speaker:they relate to the news and there's some of that this week unfortunately but I do want
Speaker:to start off with a bit of fun news. So as you all know we are a value podcast here.
Speaker:We support you know we don't have sponsors. We don't have advertising. We are looking
Speaker:to our customers for support. Our customers are listeners for support and we do that through
Speaker:streaming stats from a podcasting 2.0 app through people sending money through PayPal
Speaker:or something like that or providing value through things such as helping out with the
Speaker:chapters of the podcast and a lot of this revolves around what's called podcasting 2.0
Speaker:which is basically it's work that's being done to enable new features in podcasting
Speaker:and so this requires new apps. One of these is called the fountain app. It's one of the
Speaker:better known podcasting 2.0 apps. I actually use this app myself from time to time and
Speaker:a few days ago I got a notice, hey you can upgrade and I did and I started seeing stuff
Speaker:on Twitter and then here's a Bitcoin magazine article that this new upgrade allows users
Speaker:to earn Bitcoin while listening to podcasts. This is true. I've done it myself in fact.
Speaker:So you can listen to a podcast and not only can you stream stats to that podcast, not
Speaker:only can you boost to that podcast, you can actually get paid to listen. Now, Fountain
Speaker:has incorporated a number of other things like they have these little clips so you can
Speaker:clip out a podcast, part of a podcast and then you can post that in the fountain app
Speaker:and other people can listen to it as a kind of an introduction to a podcast. I would definitely
Speaker:say that they're innovating. So one of the things that I didn't understand about this
Speaker:when I first saw it a couple days ago is where is this money coming from? You're paying users
Speaker:to listen and like I said, I did this. I went and actually listened to a couple of podcasts.
Speaker:I ended up making several hundred sets but where is that coming from? Is it coming from
Speaker:Fountain? Is it coming from advertisers? Is it coming from the podcast itself? And it
Speaker:turns out in fact that from what I can tell and this is early on, this only came out two
Speaker:days ago, but I did find an article where it specifically talked about this. It looks
Speaker:like it's coming from the podcast itself. So if a podcast chooses to participate in
Speaker:this program, then the people who listen to the podcast get strange sets. Now, I appreciate
Speaker:what Oscar is doing with Fountain. I appreciate the innovation and I know he's working hard
Speaker:on this, but I will just say categorically that that's not really value for value. That's
Speaker:somebody paying to have somebody listen to their podcast and if somebody's just getting
Speaker:started or has a very small audience, that's not really practical and I'm not sure in the
Speaker:long run how this is really going to work. I think you're going to see podcasts are probably
Speaker:not going to end up doing this to be honest. No, that's just my opinion. I hope I'm wrong
Speaker:actually. And the goal was this and it was an admirable goal, but I think one of the
Speaker:things that he was concerned about is it's a little difficult at this point to onboard
Speaker:people into podcasting 2.0 and that's true. You got to figure out the whole wallet thing.
Speaker:You got to load Bitcoin into that wallet and then you got to use it. Now, the amount of
Speaker:money that we're talking about, it's crazy. It just really isn't that much, right? We
Speaker:talk about streaming sets. We talk about, oh, here's a hundred, here's 300, here's a
Speaker:thousand. A thousand sets right now. A thousand sets right now is 21 cents. Ten thousand sets
Speaker:would be $2.10. A hundred thousand sets would be $21. These are not huge numbers. So, you
Speaker:know, I would be happy to be honest if 10% of our users would stream maybe 10 sets a
Speaker:minute while they're listening to the podcast and they threw in a boost now and then. Now,
Speaker:I'll be honest, I'm not seeing that. And 10 sets a minute for a hour long podcast, which
Speaker:I almost never run that long, but let's say just to make it easy, that 600 sets, that's
Speaker:13 cents. 13 cents. I will not ever retire on 13 cents for somebody to listen to the
Speaker:podcast. I won't. If I had 10% of a million users, I don't even think that would be that
Speaker:much. I'll run the calculation real quick. All right. If I had a million users, that's
Speaker:a hundred thousand people times 13. Okay. That's $13,000. So that actually is a good
Speaker:amount of money, but I don't have a million users. I don't. Very few podcasts do. Now,
Speaker:I did see an interesting stat recently where they, some of the top podcasts, and this was
Speaker:on CurioCast or whoever it was, I don't remember, one of the platforms, they actually released
Speaker:some stats of the top 10 programs. In terms of boost, they did not look at streaming sets.
Speaker:I have a feeling streaming sets are even less than the boost. But regardless, you had No
Speaker:Agenda, you had the Podcasting 2.0 podcast, both of which I've mentioned. There was a
Speaker:few others. There was like two podcasts that in a single episode, they made more than,
Speaker:I think the top two made like $400 or $500. Most of them, like literally, and this is
Speaker:the top 10 podcast, the bottom, I remember the bottom was like 5600 sats. Okay. So 5600
Speaker:sats in boost is $1.18. So hey guys, I'll be honest, you can go to CurioCaster, you
Speaker:can boost me for 5600 sats and we'll be in the top 10. And I'm not about numbers. I'm
Speaker:not about being the best. But we have got so long, so far to go in this, in turning
Speaker:people's perceptions about how things work. And you know, we can either do advertising
Speaker:and have that distort things or we can do this. And the reality is for a small podcast,
Speaker:advertising is not worth that much. And I personally think that podcasts who put out
Speaker:quality content and hopefully that's what we're doing here, they're worth a lot more
Speaker:than that. And I try and show that support when I have a podcast that I listen to that
Speaker:is value for value. And when I listen to a podcast that has advertising, it's an extremely
Speaker:frustrating experience for me. Anyways, I did not mean to get on off on that tangent.
Speaker:I do apologize. Maybe I'll skip the value for value stuff at the end of the podcast
Speaker:today. Anyways, back to Fountain. I just, I don't know. It's an interesting idea. He's
Speaker:trying to, the point is here, he's trying to kind of prime the pump to get people where
Speaker:they can go out and earn some sats. But he's doing it based off the podcasters giving the
Speaker:people some money to start with. And you may say, well, that's not a whole lot of money.
Speaker:But if I'm already not making money from my podcast, then I'm going to find it very difficult
Speaker:to go out and do that. Okay. So my hope would be people would do it regardless. Just load
Speaker:up money into your Fountain podcast. If you need help with that, ask. Somebody will help
Speaker:you. And do it. Support your podcast, whether it's this one or another one that's a value
Speaker:for value podcast. You can really make somebody's day.
Speaker:All right. Next bit of news. And Oscar, I apologize if that's not, if I'm not understanding
Speaker:it correctly or if I'm not understanding what you're trying to achieve there and so on.
Speaker:Like Oscar listens to my podcast. That would actually be pretty funny. Oscar's a great
Speaker:guy. I've heard him on the Bitcoin, the podcast 2.0 podcast several times. Okay. There was
Speaker:a good article, and I'm not really going to go into depth about this. There was another
Speaker:good article in the Bitcoin magazine about the Central African Republic. They in April
Speaker:signed a bill which did make Bitcoin legal tender. And the CFA Frank, by the way, is
Speaker:the other one that's actually in this article. So I'm not sure what CFA stands for. It's
Speaker:not, but that currency I do know is pegged to the Euro. So it's used, the CFA Frank is
Speaker:used by all of the countries who basically used to be French controlled. So anyways,
Speaker:a nice article here that I will include in the show notes about their plans for Bitcoin.
Speaker:And they have some challenges. There's no doubt. Now, can they benefit from Bitcoin?
Speaker:Of course they can. One of the challenges that they have is simple access to the internet,
Speaker:right? In El Salvador, you've got widespread access to the internet. Internet access in
Speaker:the Central African Republic is estimated to be only a little above 10%. So there you
Speaker:go. It's a very small country. It's even smaller than El Salvador, 4.8 million people.
Speaker:They do have 2 million mobile phone subscribers. So over half the population has a mobile phone.
Speaker:I don't know when they say internet access is widespread. When you say mobile phone,
Speaker:maybe those phones don't have internet access. Maybe they're not like here in the United
Speaker:States where we have LTE or 5G or whatever. They may not have real internet access to
Speaker:those phones. But well, and in fact, it says that they have 300,000 customers with mobile
Speaker:internet access. So yeah, they've got quite a challenge. They apparently do use mobile
Speaker:money a lot. They have favorable regulation in terms of Bitcoin. Certainly when they announce
Speaker:that it's legal tender, that's a good regulation. And only 5% of the population is banked. So
Speaker:they have 95%. If I recall correctly, in El Salvador, it was 70%. 95% of the population
Speaker:is unbanked. That is an astonishing number to me. And I always have trouble wrapping
Speaker:my head around these numbers, talking about these kinds of countries. These are the people
Speaker:who need Bitcoin. These are the people who cannot go to the bank and put in their francs
Speaker:or whatever. But if they've got a phone that has some kind of internet access or whatever,
Speaker:then they can save their money and hopefully eventually better themselves.
Speaker:Anyways, it's a good article. You should take a look at it. I'll include a link in the show
Speaker:notes. Okay. We do need to talk about some bad news and I guess you could say some updates.
Speaker:I saw this earlier today. I believe this came out earlier today. I don't see a date on this,
Speaker:but CoinFlex, who I really have no idea what they do. I'm actually going to look real quick.
Speaker:Earn crypto, trade crypto, homo crypto, yield. There you go. So it's another site where you
Speaker:can get yield. Let's look at what they're saying. Oh, good Lord. I would hope you would
Speaker:run far away from this. I don't know. I see an APR of 175% on here. 32.85%, 54.7%. Whoever's
Speaker:listening to this, just know these kinds of yields do not last and just run away. Anyways,
Speaker:CoinFlex. I'm going to read this. It's so short. Dear CoinFlex community, due to extreme
Speaker:market conditions last week and continued uncertainty involving a counterparty, today
Speaker:we're announcing that we are pausing all withdrawals. Hmm. Sounds like other companies. We fully
Speaker:expect to resume withdrawals in a better position as soon as possible. We will fully communicate
Speaker:with you as we find out more. We will also be halting all Flexcoin tradings in perps
Speaker:and spot in the short terms. Perps is perpetual margin trade, meaning it can go on forever.
Speaker:To confirm, the counterparty is not Three Arrows Capital or any lending firm. We are
Speaker:confident that this situation can be repaired fully with a restoration of all functionality,
Speaker:namely withdrawals. So there you go. This is going to continue, in my opinion. If the
Speaker:market does not shoot straight for the stars and hit $40,000 in the next couple of weeks
Speaker:for Bitcoin, this is going to continue. We're going to see these continue to come out. Do
Speaker:we have any news? It looks like Three Arrows Capital might kind of be the source of all
Speaker:of this. This is actually what I'm understanding at this point. And again, that's just what
Speaker:I'm understanding. The other companies that are having issues, it's being caused by Three
Speaker:Arrows being involved with them, essentially. And in fact, CoinFlex here is calling that
Speaker:out saying the counterparty is not Three Arrows. So apparently, they're having issues with
Speaker:someone else. So I don't know. Again, as I've said, as I've been saying, if you have money
Speaker:on these type platforms, if you're trying to out there yield farm, just get your money
Speaker:off that stuff. Move it on to at least a centralized exchange, if not into a wallet. Stop fooling
Speaker:with this stuff or you're going to lose your shirt. And I hope that's all you lose because
Speaker:it could be a lot more. There's a lot of people out there who've lost their life savings that
Speaker:should not have been investing their life savings, frankly, but they did and then they've
Speaker:lost it. And they don't want to face their families. They don't want to face their spouse
Speaker:or significant other. I've not heard of anybody killing themselves over this, but there's
Speaker:been a lot of very negative talk about people because of their positions in these type companies.
Speaker:You don't want that stress. I'll have a link to that in the show notes, of course. Yeah,
Speaker:and that's kind of it. We're 40 minutes already anyways, but that's it for the week. In terms
Speaker:of the market, we're at 21,000 right now. So of course, shoot, I don't even know where
Speaker:we were last time. I think we had already hit the bottom last time. So we've bounced
Speaker:a little bit. Until we even pass the 200-week moving average, this is all just noise. I
Speaker:do believe we will go down. Even if we pass the 200, I still think we'll go back down.
Speaker:I do not think we're done. I have no reason to change that view at this point. I would
Speaker:reiterate what I said last week. You should be looking at continuing to DCA, and if you
Speaker:can come up with the money, then you probably want to sketch out some of those levels that
Speaker:I talked about and look at buying in at lower levels. What if we go below 17,000? What if
Speaker:we hit 16? I don't know what those levels are off the top of my head, but the bottom
Speaker:was around 14. We could go below 14,000 for Bitcoin. We could go down to 350 or so for
Speaker:Ethereum. Can you imagine that? A $350 Ethereum? At this point, I'd be buying all I can get
Speaker:a hold of because that's pretty much a... Well, that's not financial advice about that.
Speaker:It's not financial advice, but that's what I'll be doing. There you go. All right. I'm
Speaker:going to skip all the value for value stuff. I think I already talked about that earlier.
Speaker:Of course, I do want your support. If you're getting benefit from this, I would encourage
Speaker:you to please support the show. It means a lot. All right. At least if you like the content,
Speaker:tell your friends about the Generational Wealth Cryptocurrency podcast. That is a form of
Speaker:value for value. You are getting some value from this show. You are giving me value by
Speaker:telling other people about the show, and that costs you nothing. Thanks for being here.
Speaker:I hope this has been helpful. I would love to hear from you. I'm on Twitter at Macintosh
Speaker:Fintech. You can reach me by email, macintosh@genwealthcrypto.com. Of course, the Generational
Speaker:Wealth Cryptocurrency website is genwealthcrypto.com. Now go out, make it a great week, and I will
Speaker:talk to you all on Monday.
Speaker:I'm on Twitter at MacintoshFintech.