“First they ignore you, then they laugh at you, then they fight you, then you win.” - Mahatma Gandhi Governments around the world ignored bitcoin for the past decade… But now they’ve realized it’s here to stay and poses a threat to the existing financial system. In today’s show, we talk about what the U.S. is trying to do to compete with bitcoin and some predictions for what the “future of money” will look like. In this episode, you’ll learn: Why are the U.S. and other governments launching “central bank” coins? How bitcoin could take over the current fiat financial system What are the hottest recent SPAC’s from this week? How to trade short squeezes and popped-stop runs And we answer your questions! 0:00 “First they laugh at you… Then they fight you.” 1:25 China’s scam government token 2:02 The Digital Dollar Project 3:05 The DOJ’s Crypto Enforcement Framework 4:58 Universal basic income + government tokens 6:30 Pros & cons of government-controlled digital currencies 9:16 The plan to eliminate cash 10:02 The 4 main forms of digital currencies 11:45 Weaknesses of central bank currencies 13:19 Why Travis & Chris think CBDC’s will fail 16:15 Bitcoin’s snowball growth building 17:55 Technical analysis & charting for cryptocurrencies 19:15 Reviewing Chris’s Ethereum trade alert 21:23 Why altcoins track bitcoin’s price 22:13 Why most asset classes are correlated right now 23:00 How the stock market keeps squeezing shorts 24:10 Why you should ride trends and stop picking tops 25:26 Looking at the SPAC gold rush 26:23 Why sports teams are getting acquired by SPAC’s 30:50 What makes markets crash? Looking at dumb money chasing bad deals 33:26 Earnings season is upon us - coming releases 34:37 Airline load factors and profitability risk 36:09 J&J pauses vaccine trial - Where do we go from here? 40:22 Are we getting more stimulus? 41:15 Question: Can you explain popped-stop runs and short squeezes? 47:43 Question: Are leveraged ETF’s good for long-term investors? 54:38 Question: What do you think of logarithmic charts? 56:50 Question: What is your opinion on factor-based investing? 59:30 What is a stock we’re excited about over the next few weeks? #wetalkmoney #learntoinvest #bitcointrading ===== Submit a Question to the We Talk Money Podcast: https://wetalkmoney.com Subscribe on YouTube: https://www.youtube.com/chrisdunntv Subscribe on LBRY: https://lbry.tv/@chrisdunntv:4 Join our wealth building community for investors and entrepreneurs: https://chrisdunn.com/community Connect With The We Talk Money Team: Connect with Chris: Twitter: https://www.twitter.com/ChrisDunnTv Facebook: https://www.facebook.com/ChrisDunnTv Instagram: https://instagram.com/chrisdunntv/ Check out my personal blog: http://www.chrisdunn.com Connect with Nikki: Subscribe To SheTalksFinance YouTube channel: https://www.youtube.com/shetalksfinance Twitter: https://twitter.com/shetalksfinance Instagram: https://www.instagram.com/shetalksfinance/ Facebook: https://www.facebook.com/shetalksfinance/ Connect with Travis: Subscribe To StockGeekTv YouTube channel: https://www.youtube.com/stockgeektv Twitter: https://twitter.com/travisdevitt Instagram: https://www.instagram.com/stockgeektv/ ===== Disclaimers: - I'm not a financial advisor, attorney, or tax professional, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. Do your own due diligence, and take 100% responsibility for your financial decisions. - I will NEVER ask you to send me money to trade for you, directly buy or sell cryptocurrencies from you, or pump a specific market. Please report any suspicious emails or fake social media profiles claiming to be me. See this blog post for more info: https://chrisdunn.com/impersonators - Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading. - My videos may contain affiliate links to products I believe will add value to your life. - Read the full disclaimer here: https://chrisdunn.com/disclosure/