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Podcast: Wealth Formula Podcast
Episode: 461: Bitcoin and Central Bank Digital Currencies
Description: In 2014, like most people, I was skeptical and largely uninformed about Bitcoin. At the time, it seemed like a quirky internet fad, reminiscent of the infamous Dutch tulip mania from the 17th century—something bound to disappear as quickly as it had come. Unfortunately, I was listening to the likes of Peter Schiff at the time who convinced me that bitcoin was just a speculative bubble, a digital Ponzi scheme waiting to implode. So, I didn't question it. I dismissed Bitcoin, just like most people did. By 2016, however, I decided to take a deeper dive. What I found captivated me. Bi...