ECON Interesting video about confluence of AI, Bond rates and Genius Act

rondaben

Veteran Member
Interesting video discussing how the Genius (stablecoin), national debt, bond rates and AI all could come together to move to a new currency and solve the National Debt problem--and gut freedom as a side "benefit".

(the Trump will cause part is incidental--if a democrat were in office they would be happy to do it as well)

 
Interesting video. Recommend watching the video he has up just prior this one. The entire theory he is presenting as one huge assumption when he explains a bit more in the other video - it relies entirely on people actually buying these stable-coins. If people don’t do that, the whole scheme falls apart crazy fast - especially since everything is tied to short term T-bills.

In a vacuum the theory holds some water, but it completely glosses over the social and cultural aspects of getting people to actually “buy-in” to this system. If you cannot convince people to participate, then the whole things falls over.
 
Interesting video
Did you happen to read the Disclaimer for the video? Here, I'll help you:

DISCLOSURE: None of this is meant to be construed as investment advice, it's for entertainment purposes only.

You should not treat any opinion expressed on this Youtube channel as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Opinions expressed are based upon information considered reliable, but this Youtube channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This Youtube channel is not under any obligation to update or correct any information provided in these videos

This Youtube channel does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this Youtube channel.
 
Did you happen to read the Disclaimer for the video? Here, I'll help you:

DISCLOSURE: None of this is meant to be construed as investment advice, it's for entertainment purposes only.

You should not treat any opinion expressed on this Youtube channel as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Opinions expressed are based upon information considered reliable, but this Youtube channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This Youtube channel is not under any obligation to update or correct any information provided in these videos


This Youtube channel does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this Youtube channel.
Yes, just like every other non-certified financial planner does to keep idiots from suing him if they make bad investments.

The point is that there is a potential of these items being related. Worth at least discussing.
 
Interesting video. Recommend watching the video he has up just prior this one. The entire theory he is presenting as one huge assumption when he explains a bit more in the other video - it relies entirely on people actually buying these stable-coins. If people don’t do that, the whole scheme falls apart crazy fast - especially since everything is tied to short term T-bills.

In a vacuum the theory holds some water, but it completely glosses over the social and cultural aspects of getting people to actually “buy-in” to this system. If you cannot convince people to participate, then the whole things falls over.
Scared people make poor decisions. I think that was what he was basically saying.

You don't give people options. You give them a reason NOT to care.
 
Oh contrair you give them options, just options that lead to where you want them, like working with low id kids. One option is just faster and less work for you.
 
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