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it's time to get serious now Jake into Solero homage to the hushed winds gonna speak about the JPMorgan c-e-o Jamie's diamond the Solana well yesterday he came out thrashing Bitcoin look let's not be surprised turkeys do not vote for Christmas and let me repeat that again turkeys do not vote for Christmas look the money we hold in our bank accounts lot of fear that we hold in my bank accounts it's not ours yeah it's held by the banks and I found a better difference between cryptocurrencies and the existing banking system is in cryptocurrencies are simply encouraged to really earn your own money that's all this so the Guardian a bastion or what are the bastions of people's money someone who makes his living out of holding people's money of course he's not gonna be happy we're a disruptive technology that is all based around people doing it himself taking some element of self control so I'm finally funny and quite interesting that he the tactic chose to take I'm sure he's a very smart and intelligent man but he's organized very emotive Oh somebody's gonna get killed it's only good for criminals come on an intelligent guy break it down it's like birds it might go to 20,000 but it's all gonna come crashing down Tuesday oh yeah really okay break it down you know how things really going on there yeah he's going on there's little telltale sign in what he said because yeah she a 1-point said that he's daughter interested in Bitcoin and I think she's like a little genius a little financial guru because the value went on and I'm a he's probably heard that ever identify he's ha he's getting ribbed you know he's do is do better than him and I got three daughters and I know it could be like when they're in the right about Suffolk in you're wrong it's all be feeling the pressure so he's forty come with the same facts and the same kind of arguments that he's coming restore I it's gonna come crashing down laugh it's gonna come crashing down I tell ya it's any good for drug dealers I'll tell you you're gonna regret it you think you got money now but down the road you know they want it destroyed as weak to his Dora look you don't man you should be congratulating her at least she's got her own little thinking going on and she said a little bit of initiative and she she might actually be on to something you know don't take it personal my kids are like that they're like they're like quit children on steroids you know they so smart and so catch on something so quickly yeah it's only natural that you know the kids should be smarter than than than the than the adults so don't don't take it personally Jamie it's just the way it goes sometimes but yeah that's the kind of argument is coming with the welfare is you know the kind of people that talk to me about cryptocurrency unlock the worlds there are people in their 40s and 50s they're looking at ways to try to protect or Road their wealth because the traditional models have failed them putting your money in the bank and hoping for five to ten percent interest and living off that or putting them into stocks of shares and it is a there's a shortage of places you can put your money and get a decent return so people are interested to see what what Kryptos about yeah hi far from ya the criminals of the world looking at crypto FINA criminals are quite content to use fear to be honest be quite content with their dollars and their and their pounds and all the other currencies I mean so you know it's really from what I've seen people have been failed by the current institution you know they're putting their money in banks and they're watching inflation eat away at their wealth and I thinking well how can I protect myself now I'm gonna retire in a few years time where the best place for me to put my money and so that's what I did people are looking at cryptocurrency you know one thing you gotta realize is that yeah crypto is a space where there's a lot of innovation going on yeah an innovation in technology tends to take like an exponential curve yeah the more bright minds that go into the space fly and opportunities the more it's gonna grow and personally I think in 20 30 years cryptocurrency will be as ubiquitous as this mobile phone now and filming on yeah that's why I see in fact I wouldn't be surprised if mobile phones are preloaded with some sort of cryptocurrency in 25 years time not because necessarily that everybody's gonna move from fear to create a baffling more and more people than see the value in holding some sort of their wealth in a mechanism that they actually control that is decentralized that no government or for a party can interfere I think that's a good thing I think no it's bad time that people had a real financial know-how in education because that moment you know the banks and the mr.
des monts of the world are really only interested in you being less financially literate as it takes for you to use their services take our load and take our mortgage get some credit cars and to be able to figure out how to pay those back and give them their profits must be real that's what I just deliver and I was knocking that yeah but what I'll say is don't listen to all here everybody but don't listen to anybody in terms of determining what you want to do you know make up your own mind do your own research you know I always say that no one's going to look after your money better than you are gonna cost your money but hey maybe I'm a bit jaded the last time I am had any interaction with a banker who I was I naive wet behind the ear student and getting myself into student debt and they sold me alone with PPI that I didn't need they turned that to be a scandal down the road yeah so that's kind of my perspective for banks you know that the chances Lanka's or chances yeah trying to find a way to make a little hustle so anyway that's that just my two cents worth and they'll speak to you another time peace out
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