Not Financial Advice Episode 26: CPI numbers are in and it’s good so does that mean we WON’T hit a recession? How can Crypto compete with CBDC’s and is this what a bull market feels like?
Ben’s YOUTUBE CHANNEL –
Ben’s Site –
Coin Bureau Clips YOUTUBE CHANNEL –
SIMON DIXON CHANNEL ! –
0:00 – Topic Overview
●▬▬▬▬▬▬CRYPTO ESSENTIALS▬▬▬▬▬▬▬●
🚀 Ben’s INTO THE CRYPTOVERSE Site (On-Chain, Macro & Strategy) SALE!
🚀 *affiliate LINK –
🚀10% OFF 1st MONTH ANY PLAN (excluding LIFETIME) with CODE: DAN10
🟧 (100% FREE!) Simplified Crypto Education (EASY!)
🟧 DAN Website ►
🧐 Think it’s a SCAM EMAIL? Check it here ⬇️
🧐
🧐 How to Use Email Analyzer –
🔹🔷 DAN CARDANO STAKE POOL: 🔷🔹
💰iTrust CRYPTO IRA *channel sponsor*
💰💰 $100 Sign-Up BONUS & NO MONTHLY FEES!
💰💰I RECOMMEND & HAVE a ROTH IRA with iTRUST
💰💰🛑 Why a CRYPTO IRA? VIDEO 👉
💰💰💰💰💰 *affiliate LINK –
⑆ TAKE YOUR CRYPTO OFF EXCHANGES!
⑆ LEDGER (THE ONE I USE) LINK –
⑆ HOW TO USE LEDGER –
📙 KEEP all your Seeds & Passwords SAFE in a STONEBOOK
📙 Water/Tear/Tamper Resistant + WRITE IN INVISIBLE INK!
📙 WHY I have a StoneBook-
📙 (50% OFF!! on NOV. 24-25th!!) ►
🇺🇸CRYPTO TAXES MADE SIMPLE!!! *affiliate link*
🇺🇸 HOW TO USE Video –
🇺🇸20% OFF –
(Coupon Code: DAN)
🚶♂️🏃♂ 😅SWEATCOIN App! Walk/Run and EARN SWEATCOIN
🚶♂️🏃♂️ FREE to sign up. Earn tokens *affiliate link*
🚶♂️🏃♂️ DEEP DIVE Vid –
🚶♂️🏃♂️ DOWNLOAD APP! –
📈 FREE BITCOIN CHARTS –
●▬▬▬▬▬▬▬▬FOLLOW D.A.N.▬▬▬▬▬▬▬▬▬▬●
🐦🔵 Twitter –
🆘 DAN DEGEN (2nd YouTube Channel)
🆘 DAN DEGEN channel is all about NEW crypto projects – RISKY!!
●▬▬▬��▬▬▬▬STRATEGIES▬▬▬▬▬▬▬▬▬●
► 5% DEGEN PLAYS –
► ALL CRYPTO EXITS (OLD) –
► 2024/2025 EXIT (NEW) –
⭐️4 YEAR CYCLES –
⭐️DCA x5 Example –
●▬▬▬▬▬RECOMMENDATIONS▬▬▬▬▬●
MINDSET –
●▬▬▬▬▬▬▬▬DISCLAIMER▬▬▬▬▬▬▬▬▬●
#BITCOIN #NFALIVE #COINBUREAU #INTOTHECRYPTOVERSE
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research….(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
E26: NFA LIVE – RECESSION, CBDC’s & IS THIS A BULL MARKET? ALEX MASHINSKY ARRESTED!
In the world of finance and cryptocurrency, certain events can send shockwaves through the industry. One such event recently unfolded during an NFA Live podcast titled “Recession, CBDC’s & Is This a Bull Market?” where the unexpected arrest of Alex Mashinsky, a prominent figure in the cryptocurrency community, took center stage.
The podcast itself was meant to discuss relevant topics such as the potential for a recession in the near future, the emergence of Central Bank Digital Currencies (CBDCs), and the speculative nature of the current bull market. However, things quickly took an unforeseen turn when news broke of Alex Mashinsky’s arrest during the live recording.
For those unfamiliar with Alex Mashinsky, he is a technology entrepreneur and CEO of Celsius Network, a well-known cryptocurrency lending and borrowing platform. Mashinsky is highly regarded within the cryptocurrency community for championing the development and adoption of blockchain technology and decentralized finance (DeFi).
The news of Mashinsky’s arrest came as a shock to many, as he has been seen as a key figure in the cryptocurrency industry’s push for mainstream acceptance. While details surrounding the arrest are still emerging, it is crucial to note that everyone deserves their day in court, and this article aims to provide an overview of the event without any preconceived judgments.
The arrest has sparked intense speculation and debate within the cryptocurrency community. Many are concerned about the potential impact on Celsius Network, which has gained considerable traction as a leading platform in the space. The absence of its CEO, at least temporarily, undoubtedly raises questions about the future of the company.
However, it is important to remember that no single individual embodies an entire industry. The arrest of one person should not define the entire cryptocurrency space or its potential for growth and innovation. The technology and underlying principles driving cryptocurrencies are separate from the actions of its individual proponents.
The NFA Live podcast, despite being overshadowed by the arrest, did touch upon essential topics surrounding the global economy and the current bull market. The panel addressed the possibility of a recession, considering the ongoing impact of the COVID-19 pandemic and the potential consequences of the global economic slowdown.
Furthermore, the discussion revolved around the rise of CBDCs, which are digital representations of national currencies issued and regulated by central banks. The emergence of CBDCs has fueled debates about privacy concerns, the role of traditional banks, and the potential impact on decentralized cryptocurrencies like Bitcoin.
Lastly, the panel assessed whether the current market surge can be defined as a bull market, given the increasing institutional interest and investment in cryptocurrencies. The rise of prominent companies and financial giants adopting cryptocurrency, such as Tesla’s acceptance of Bitcoin as payment or the establishment of cryptocurrency investment funds, has raised questions about long-term sustainability and potential market fluctuations.
Ultimately, despite the unexpected turn of events during the NFA Live podcast, the discussions on recession, CBDCs, and the current bull market remain highly relevant for the cryptocurrency community and the broader financial world. It is important to separate the actions of individuals from the potential of an entire industry, allowing for a fair assessment of the future of cryptocurrencies and their impact on the global economy.
Eventually BLACKROCK will get their ETF approved, thru some kind of bribery or coercion. Do not underestimate the power they have over the govt
removing the stable coins is irrelevant all it changes is the percentage number not the trend over the four year cycle
the one thing that Ben discounts is people who trade in dollar pairs in and out of alts – but then again he's not a trader
Where can we find full list of episodes?
Does anyone know if these NFA episodes are uploaded as podcasts somewhere? These long format discussions would be better to listen to on-the-go.
First class content again although some parts pretty scary in a way!! Thanks a lot for your hard work and greetings from Germany! Keep going!
In my lifetime, Simon will be referred to as Sir. What he's doing for the people of the BTC space is incredible.
So is this a bullmarket?
Since you guys got away from James you have earnt back your respect ten fold. I hope the SEC investigate James for any kickbacks he received from Celcius right up until the time it crashed.
Huge pp
Best NFA of all times and amazing guest!
Absolute banger of an episode!
Glad Mashinsky arrested. I'm a Celsius creditor. So glad some progress happening here. Haven't missed an episode either of NFA or DCA before. Been with all you guys channels since you all begun. Glad when the 3 of you came together. Great show each week.
If someone still awaits bitcoin double bottom, i have bad news. Wont happend.
This incoming recession (if it comes) is moste waited ever and i think it has been counted in allread.
Man… 9 adds… really? That is just abussive
One of your best shows!
Man, the timing on total3. “Pretty pathetic if you think about it” haha
When will the Bears flip bullish?
For some reason i had 13 thousand ads during this show. Watched the replay….
On Guy's point regarding brexit, it's pointless to judge whether it's been a success or failure because the government have failed to implement any of the benefits that should have been gained from leaving the EU. What we got was 'brexit' in name only!
The best crew in crypto! keep it up gents.
Simon Dixon is my hero … amazing human being … thanks for bringing him on the show guys
So many Alt blasting past BTC dominance.
Thank you for another terrific episode.
Amazing episode. Thank you guys
Say Bitcoin dominance again. Say BITCOIN DOMINACE again! And I dare you, I double dare you motherf*cker! Say Bitcoin dominance one more time.
Big Ben back at it again!!
Funny how everyone makes fun of Ben for the dominance but it’s been the most useful metric so far this year
Remember when InvestAnswers had Alex Machinsky on his show twice, and taking referral money. Called SBF smart money and praised the shit out of him. Praised Terra Luna and made stupid videos about its value. I’m so glad these guys don’t associate with that conman anymore.
It’s all rigged people!
Bears just getting rekt lol!
The banter about Bitcoin dominance is the best!
Bears, the writing is on the wall – OVER
Bad broadcast timing. We can't get them all right, appreciate the content as always.
Ben doesn’t see global liquidity rising yet michael howell from crossboardercapital does. And pretty much his whole focus is tracking liquidity. Hmm.
Lol.
I told you!!
You and Guy got ganked listening to Cowen!! And you Rob—you burned James and let Ben infect your mind.
Would you let a nuclear engineer cut your hair? Then why would you trust them with macro or finances???
I said to you and Guy that if you don’t bail on Cowen soon he will end up like Capo.
I like Ben.
But he’s smug. His hubris blinded him. He hated being the “Lengthening Cycle fool” and then what did he do?
1/ refused to call the bottom.
2/ ETH headed home
3/ endless mocked people who didn’t believe in his “cold showers” or “cash is king” stuff and kept on laughing at Altcoin buyers saying “Altcoin reckoning is coming.”
And then?
He became the biggest fool of all tweeting about Bitcoin Dominance.
Wanna pull up a chart now??? He has influence and I thank him. It was awesome scooping up Solana and Ada and matic and of course, XRP (thanks Ledger live!!)
It’s ok to have conviction.
But he turned a ton of people off with the endless btc dom tweets. Why not check Twitter now and read the room?
People weren’t harping on btc or saying it would crash.
What did Ben do?
Kept on saying altcoins will get rekt.
Read his comments. It’s obvious many people followed his lead.
And now?
They will be the people we sell to when we take profits.
And the worse thing he did? Never consider that The Merge meant it was pointless to look at ETH and past cycles.
Think how many people set 600 ETH limit buys thinking “ETH is headed home” all of them who piled on and laughed at us for accumulating Alts we believe in.
Cowen hasn’t tweeted a reply or post a tweet.
Why not?
It’s a glorious day and many of us are over the moon! Hell, I even took profit on XRP.
Either Cowen thinks this is all an op and prices will crash or he doesn’t want to face the music.
Thank god I screenshotted all of those tweets!!!!
Just so the next Class doesn’t get fooled like you and Guy.
I’ll respect him if he makes a mia Culpa video. Comes clean.
About ALL of it.
Just treats his audience with respect. No more “you are here to glorify me, I’m here to educate you” and admit that MANY of us have been screaming he could be wrong with his ENTIRE thesis.
Wrong to make all those videos sayin btc dom“needs” to pop 60% plus
Wrong about Lengthening Cycles.
Wrong about Summer Lull
Wrong about Altcoin reckoning
Wrong about ETH headed home.
He won’t. He will go on a block spree and hide even more commenters on YouTube.
That’s his issue. He doesn’t challenge his own bias.
Yes we will correct.
But really open your eyes. Do you honestly think btc dom is going to 60% or even 65%?
That you will be able to buy $600 ETH?
That even after being in the longest bear market in crypto history that you still needed to buy t-bills (lol) and maybe just stick with btc?
We were able to buy XRP under .50 for over a year!!
And here’s what’s BRUTAL. Think of all those people who parked their cash for 6 months or even 1 month!
Imagine how they feel knowing their chased a “safe” 5% yield.
The chop will be intense but the people rushing in when it sinks in that the bottom was long ago?
Their heads get chopped off
Excellent!
Ben has been wrong more than right lol
question for Mr. Bear (ohh, sry, his name is BEN): what can we do now if the bitcoin dominance is failing us the same way the "extended cycle" theory did? 😐
Labor is staying hot for a while from a demographics perspective in the US. 400k skilled labor deficit today and projected to grow to 1M over the next decade.
The timing of this show always misses big events