Andrew Noble on Rising Inflation, Cryptocurrencies and The Future of Money
What We Discuss With Andrew Noble
This episode aims at providing the listeners with a macro perspective of fiat currencies , the growing concern on inflation levels and how cryptocurrencies represent a better way for people to protect their wealth.
One of the reasons behind this episode was a few weeks ago, a friend told me investing in cryptocurrencies is a scam, and while of course I did my best to convince him otherwise that the government printing money is the actual scam, I want this episode to serve as a wake up call for people not familiar with cryptocurrencies as a medium of exchange and store of value.
In this episode you will learn,
- The recent surge in money printing by governments;
- Bitcoin as the new store of value;
- Are CBDCs an attack on our privacy and freedom;
- The future of money and whether cryptocurrencies will spell the end of cash;
- How to predict and be better prepared for the future;
- His new company Accziom, geared for blockchain for enterprises;
- And much more.
Shownotes
- To explain the surge in money printing from governments and what that leads to, Andrew explains how the fiat currency business model works [7:30]
- To protect oneself against inflation, how does the bitcoin business model compare to fiat [11:57]
- Can the government actually ban its citizens from purchasing Bitcoin and other crypto since they are purchased from the internet? [15:40]
- Will CBDCs usher into an attack on our freedom and privacy? [18:01]
- The IMF has placed crypto assets as a risk to financial destabilization, but why is the IMF so nervous about governments having less control over cryptocurrencies? [20:03]
- The future of money, and how the fiat legacy players cannot help us go forward [21:47]
- What is a Black Swan Risk, and can such a scenario happen with crypto right now [26:10]
- Why are Decentralized Autonomous Organizations (or DAOs) promising [32:02]
- How can someone predict and be prepared for the future [36:47]
- The 2 tribes emerging – the ones who seek freedom and the ones happy to be dominated [40:16]
- When asked about a fascinating new technology, Andrew speaks of AuditChain Protocol [41:46]
- Andrew passionately shares how one small idea can change the world and how it’s the freedom loving people behind that vision [45:01)
- How far are we for mainstream public to be spending in stablecoins [46:41]
- What is the Accziom – the new Web3.0 Blockchain For Enterprises founded by Andrew [49:15]