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Bitcoin, Crypto, and the Dark Web - Cedric Dahl S04-EP09
Manage episode 318979237 series 3030264
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We are joined by Cedric Dahl, 10 years plus of experience in crypto.
CEO of Google Ventures-backed, and regulated Bitcoin Exchange. Founder of 3 Profitable Hedge Funds (all outperforming Bitcoin)
Vladimir Putin's right-hand-man in the United States spent an entire day with Cedric in order to get smarter about blockchain.
Managed Industrial Mining Operations. Bitcoin Market Making with Professional Wall Street Algo Trader.
Founder the 1000x Group - HERE
Cedric's Think Tank - HERE
"It's like the whole world has a 3d printer and that is China. Everybody made their stuff in China and unfortunately, the Coronavirus-19 which, despite all the hype is real. It's not good, it does kill some people, and it scares a lot of governments. It has shut down trade in China. So, the world's 3d printer has been turned off.
Now, what this means is that all of the businesses that depend on China are going to be hurt. What that means is that their bottom line is affected and what that means is that a lot of people are going to get laid off or fired. That means that globally speaking economies are not going to be doing all that well.
Now, this is the second bad thing, but it gets even worse. So, Russia is in this weird oil price war with the rest of the OPEC oil-producing countries, and they're basically undercutting each other. The United States has one of the largest reserves of oil after Venezuela and a couple of other folks. The price of oil has a huge impact on people's retirement funds because a lot of these retirement funds, are looking for yield and so they have corporate debt and investments in things that are closely related to the price of oil that is currently around dollars."
Contact Cedric
linkedin.com/in/cedricdahl
https://twitter.com/cedricmakes
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Music Credit - the Shademakers, Pocket of Heaven
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