Episode 183: What About Bank On Yourself® and Bitcoin?

In this episode, we ask: Do you remember your MySpace password? Do you have your bank password somewhere for your kids and grandkids to find? Who is Stefan Thomas? How did he lose so much Bitcoin? What are the risks? Does Bitcoin have value? Is crypto a way to safeguard wealth? What’s to love? What...

In this episode, we ask:

Do you remember your MySpace password?
Do you have your bank password somewhere for your kids and grandkids to find?
Who is Stefan Thomas?
How did he lose so much Bitcoin?
What are the risks?
Does Bitcoin have value?
Is crypto a way to safeguard wealth?
What’s to love?
What is the value of the price of a bitcoin?
Is this the latest tulip mania?
Is it the future of money?
What are the main functions of money?
What defines money?
What about blockchain inflation?
Who owns blockchain patents?
What about volatility?
How old is Bitcoin?
How much would you like to spend on pizza?
Who uses Bitcoin to buy groceries?
What about anonymity?
What about concerns and regulations?
What did Janet Yellen say?
What about marketing?
What about a Bitcoin ATM network?
Is Bitcoin a medium of exchange?
What about payment for debts and taxes?
Why is the U.S. dollar the current medium of exchange?
Why does the U.S. government want tax in U.S. dollars?
What about printing money?
What about modern monetary theory?
What happened in the 1960s?
What about the behavior of society?
What about paying tax with Bitcoin?
What about reporting crypto holdings?
What about regulations and oversights?
What about the benefits?
What about paying tax on the gains?
What about the federal reserve?
What about pension funds?
Who is G. Edward Griffin?
What did he say?
Will the U.S. dollar go away?
What about the capital?
Has the government been hands off with crypto?
What about non-Bitcoin cryptocurrencies?
What are the main functions of money?
What about store of value?
What about the word currency?
What about flow?
What about storage?
How many bitcoins have been lost?
What about aging?
How is money like the promise of the future?
What about commodities?
What about futures?
What about gold?
Is Bitcoin a store of value?
Is Bitcoin speculation?
Who is the end user for Bitcoin?
What about futures contracts?
How is this like an insurance contract?
What about beating inflation?
What about predictability?
What about 1970s or 1980s inflation?
What about Bank on Yourself® type dividend paying whole life insurance?
What about speculation?
What about your risk tolerance?
What do you see in crypto?
Is crypto scarce?
Is it useful?
What about a deflationary environment?
What is the biggest profit centers for insurers?
What about term insurance policies?
Will insurers pay in crypto?
When did the dollar become legal?
What happened in 1863?
What is the legally recognized currency?
Who wins?
Is whole life insurance immune from financial disaster?
What about the risks?
Where is the real education?
Where does the real transformation occur?